Bandwidth Stock Probability of Future Stock Price Finishing Under 20.46
| BAND Stock | USD 21.61 0.35 1.65% |
Bandwidth |
Bandwidth Target Price Odds to finish below 20.46
The tendency of Bandwidth 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 $ 20.46 or more in 90 days |
| 21.61 | 90 days | 20.46 | roughly 97.0 |
Based on a normal probability distribution, the odds of Bandwidth to drop to $ 20.46 or more in 90 days from now is roughly 97.0 (This Bandwidth probability density function shows the probability of Bandwidth Stock to fall within a particular range of prices over 90 days) . Probability of Bandwidth price to stay between $ 20.46 and its current price of $21.61 at the end of the 90-day period is roughly 2.84 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.69 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bandwidth will likely underperform. Additionally Bandwidth has an alpha of 0.1751, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bandwidth Price Density |
| Price |
Predictive Modules for Bandwidth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bandwidth. 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.Bandwidth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bandwidth is not an exception. The market had few large corrections towards the Bandwidth'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 Bandwidth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bandwidth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 1.69 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | 0.09 |
Bandwidth 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 Bandwidth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bandwidth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 601.12 M. Net Loss for the year was (16.34 M) with profit before overhead, payroll, taxes, and interest of 238.85 M. | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Disposition of 4772 shares by Devin Krupka of Bandwidth subject to Rule 16b-3 |
Bandwidth 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 Bandwidth Stock often depends not only on the future outlook of the current and potential Bandwidth'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. Bandwidth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.6 M | |
| Cash And Short Term Investments | 153.5 M |
Bandwidth Technical Analysis
Bandwidth's future price can be derived by breaking down and analyzing its technical indicators over time. Bandwidth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bandwidth. In general, you should focus on analyzing Bandwidth Stock price patterns and their correlations with different microeconomic environments and drivers.
Bandwidth Predictive Forecast Models
Bandwidth's time-series forecasting models is one of many Bandwidth'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 Bandwidth'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 Bandwidth
Checking the ongoing alerts about Bandwidth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bandwidth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 601.12 M. Net Loss for the year was (16.34 M) with profit before overhead, payroll, taxes, and interest of 238.85 M. | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Disposition of 4772 shares by Devin Krupka of Bandwidth subject to Rule 16b-3 |
Check out Bandwidth Backtesting, Bandwidth Valuation, Bandwidth Correlation, Bandwidth Hype Analysis, Bandwidth Volatility, Bandwidth History as well as Bandwidth Performance. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bandwidth. If investors know Bandwidth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 26.367 | Quarterly Revenue Growth 0.275 | Return On Assets (0.02) | Return On Equity (0.05) |
The market value of Bandwidth is measured differently than its book value, which is the value of Bandwidth that is recorded on the company's balance sheet. Investors also form their own opinion of Bandwidth's value that differs from its market value or its book value, called intrinsic value, which is Bandwidth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bandwidth's market value can be influenced by many factors that don't directly affect Bandwidth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bandwidth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bandwidth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bandwidth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.