Nordstrom Probability of Future Stock Price Finishing Over 24.66
| JWNDelisted Stock | USD 24.66 0.02 0.08% |
Nordstrom |
Nordstrom Target Price Odds to finish over 24.66
The tendency of Nordstrom Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 24.66 | 90 days | 24.66 | nearly 4.55 |
Based on a normal probability distribution, the odds of Nordstrom to move above the current price in 90 days from now is nearly 4.55 (This Nordstrom probability density function shows the probability of Nordstrom Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Nordstrom has a beta of -0.11. This indicates as returns on the benchmark increase, returns on holding Nordstrom are expected to decrease at a much lower rate. During a bear market, however, Nordstrom is likely to outperform the market. Additionally Nordstrom has an alpha of 0.0148, implying that it can generate a 0.0148 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nordstrom Price Density |
| Price |
Predictive Modules for Nordstrom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nordstrom. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordstrom's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nordstrom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nordstrom is not an exception. The market had few large corrections towards the Nordstrom's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nordstrom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nordstrom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | 0.17 |
Nordstrom Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nordstrom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nordstrom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nordstrom has a very high chance of going through financial distress in the upcoming years | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Done Deal Nordstrom Family, Mexicos Liverpool Take Nordstrom Inc.Private |
Nordstrom Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nordstrom Stock often depends not only on the future outlook of the current and potential Nordstrom's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nordstrom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 168.9 M | |
| Cash And Short Term Investments | 1 B |
Nordstrom Technical Analysis
Nordstrom's future price can be derived by breaking down and analyzing its technical indicators over time. Nordstrom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nordstrom. In general, you should focus on analyzing Nordstrom Stock price patterns and their correlations with different microeconomic environments and drivers.
Nordstrom Predictive Forecast Models
Nordstrom's time-series forecasting models is one of many Nordstrom's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nordstrom's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Nordstrom
Checking the ongoing alerts about Nordstrom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nordstrom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nordstrom has a very high chance of going through financial distress in the upcoming years | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Done Deal Nordstrom Family, Mexicos Liverpool Take Nordstrom Inc.Private |
Check out Nordstrom Backtesting, Nordstrom Valuation, Nordstrom Correlation, Nordstrom Hype Analysis, Nordstrom Volatility, Nordstrom History as well as Nordstrom Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Nordstrom Stock
If you are still planning to invest in Nordstrom check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nordstrom's history and understand the potential risks before investing.
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