Bank Of China Stock Probability of Future Pink Sheet Price Finishing Under 11.73
| BACHY Stock | USD 11.73 0.19 1.65% |
Bank |
Bank of China Ltd ADR Target Price Odds to finish below 11.73
The tendency of Bank 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 move below current price in 90 days |
| 11.73 | 90 days | 11.73 | about 52.8 |
Based on a normal probability distribution, the odds of Bank of China Ltd ADR to move below current price in 90 days from now is about 52.8 (This Bank of China probability density function shows the probability of Bank Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Bank of China Ltd ADR has a beta of 0.0534 suggesting as returns on the market go up, Bank of China Ltd ADR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank of China will be expected to be much smaller as well. Additionally Bank of China has an alpha of 0.0481, implying that it can generate a 0.0481 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bank of China Ltd ADR Price Density |
| Price |
Predictive Modules for Bank of China Ltd ADR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of China Ltd ADR. 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.Bank of China Ltd ADR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of China Ltd ADR is not an exception. The market had few large corrections towards the Bank of China Ltd ADR'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 Bank of China, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of China Ltd ADR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.03 |
Bank of China Ltd ADR 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 Bank of China Ltd ADR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of China Ltd ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bank of China Ltd ADR has high likelihood to experience some financial distress in the next 2 years |
Bank of China Ltd ADR 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 Bank Pink Sheet often depends not only on the future outlook of the current and potential Bank of China Ltd ADR'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. Bank of China Ltd ADR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.4 B | |
| Cash And Short Term Investments | 3.9 T |
Bank of China Ltd ADR Technical Analysis
Bank of China Ltd ADR's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of China. In general, you should focus on analyzing Bank Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bank of China Ltd ADR Predictive Forecast Models
Bank of China Ltd ADR's time-series forecasting models is one of many Bank of China Ltd ADR'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 Bank of China Ltd ADR'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.
Things to note about Bank of China Ltd ADR
Checking the ongoing alerts about Bank of China Ltd ADR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of China Ltd ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of China Ltd ADR has high likelihood to experience some financial distress in the next 2 years |
Additional Tools for Bank Pink Sheet Analysis
When running Bank of China Ltd ADR's price analysis, check to measure Bank of China Ltd ADR'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 Bank of China Ltd ADR is operating at the current time. Most of Bank of China Ltd ADR's value examination focuses on studying past and present price action to predict the probability of Bank of China Ltd ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of China Ltd ADR's price. Additionally, you may evaluate how the addition of Bank of China Ltd ADR to your portfolios can decrease your overall portfolio volatility.