BIFIDO Co (Korea) Probability of Future Stock Price Finishing Under 5270.0
| 238200 Stock | 5,360 60.00 1.11% |
BIFIDO |
BIFIDO Co Target Price Odds to finish below 5270.0
The tendency of BIFIDO 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 drop to 5,270 or more in 90 days |
| 5,360 | 90 days | 5,270 | about 48.85 |
Based on a normal probability distribution, the odds of BIFIDO Co to drop to 5,270 or more in 90 days from now is about 48.85 (This BIFIDO Co probability density function shows the probability of BIFIDO Stock to fall within a particular range of prices over 90 days) . Probability of BIFIDO Co price to stay between 5,270 and its current price of 5360.0 at the end of the 90-day period is about 10.99 .
Assuming the 90 days trading horizon BIFIDO Co has a beta of -0.0345. This suggests as returns on the benchmark increase, returns on holding BIFIDO Co are expected to decrease at a much lower rate. During a bear market, however, BIFIDO Co is likely to outperform the market. Additionally BIFIDO Co has an alpha of 0.0784, implying that it can generate a 0.0784 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). BIFIDO Co Price Density |
| Price |
Predictive Modules for BIFIDO Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BIFIDO Co. 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 BIFIDO Co'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.
BIFIDO Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BIFIDO Co is not an exception. The market had few large corrections towards the BIFIDO Co'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 BIFIDO Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BIFIDO Co within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | -0.03 | |
σ | Overall volatility | 323.33 | |
Ir | Information ratio | 0 |
BIFIDO Co 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 BIFIDO Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BIFIDO Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BIFIDO Co had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
BIFIDO Co 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 BIFIDO Stock often depends not only on the future outlook of the current and potential BIFIDO Co'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. BIFIDO Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.2 M | |
| Cash And Short Term Investments | 21 B |
BIFIDO Co Technical Analysis
BIFIDO Co's future price can be derived by breaking down and analyzing its technical indicators over time. BIFIDO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BIFIDO Co. In general, you should focus on analyzing BIFIDO Stock price patterns and their correlations with different microeconomic environments and drivers.
BIFIDO Co Predictive Forecast Models
BIFIDO Co's time-series forecasting models is one of many BIFIDO Co'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 BIFIDO Co'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 BIFIDO Co
Checking the ongoing alerts about BIFIDO Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BIFIDO Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BIFIDO Co had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Check out BIFIDO Co Backtesting, BIFIDO Co Valuation, BIFIDO Co Correlation, BIFIDO Co Hype Analysis, BIFIDO Co Volatility, BIFIDO Co History as well as BIFIDO Co Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for BIFIDO Stock analysis
When running BIFIDO Co's price analysis, check to measure BIFIDO Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BIFIDO Co is operating at the current time. Most of BIFIDO Co's value examination focuses on studying past and present price action to predict the probability of BIFIDO Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIFIDO Co's price. Additionally, you may evaluate how the addition of BIFIDO Co to your portfolios can decrease your overall portfolio volatility.
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