Igm Financial Stock Probability of Future Pink Sheet Price Finishing Under 31.17
| IGIFF Stock | USD 32.00 0.32 1.01% |
IGM |
IGM Financial Target Price Odds to finish below 31.17
The tendency of IGM Pink Sheet 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 drop to $ 31.17 or more in 90 days |
| 32.00 | 90 days | 31.17 | about 44.9 |
Based on a normal probability distribution, the odds of IGM Financial to drop to $ 31.17 or more in 90 days from now is about 44.9 (This IGM Financial probability density function shows the probability of IGM Pink Sheet to fall within a particular range of prices over 90 days) . Probability of IGM Financial price to stay between $ 31.17 and its current price of $32.0 at the end of the 90-day period is about 40.76 .
Assuming the 90 days horizon IGM Financial has a beta of -0.37. This usually indicates as returns on the benchmark increase, returns on holding IGM Financial are expected to decrease at a much lower rate. During a bear market, however, IGM Financial is likely to outperform the market. Additionally IGM Financial has an alpha of 0.1869, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IGM Financial Price Density |
| Price |
Predictive Modules for IGM Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IGM Financial. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.IGM Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IGM Financial is not an exception. The market had few large corrections towards the IGM Financial'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 IGM Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IGM Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | 0.0002 |
IGM Financial 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 IGM Pink Sheet often depends not only on the future outlook of the current and potential IGM Financial'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. IGM Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 237.7 M | |
| Dividends Paid | -537.2 M | |
| Short Long Term Debt | 2.2 B |
IGM Financial Technical Analysis
IGM Financial's future price can be derived by breaking down and analyzing its technical indicators over time. IGM Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IGM Financial. In general, you should focus on analyzing IGM Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
IGM Financial Predictive Forecast Models
IGM Financial's time-series forecasting models is one of many IGM Financial's pink sheet 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 IGM Financial'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IGM Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IGM Financial's short interest history, or implied volatility extrapolated from IGM Financial options trading.
Other Information on Investing in IGM Pink Sheet
IGM Financial financial ratios help investors to determine whether IGM Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IGM with respect to the benefits of owning IGM Financial security.