Bank of Baroda (India) Probability of Future Stock Price Finishing Under 241.96
| BANKBARODA | 246.40 2.60 1.04% |
Bank |
Bank of Baroda Target Price Odds to finish below 241.96
The tendency of Bank 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 241.96 or more in 90 days |
| 246.40 | 90 days | 241.96 | about 31.38 |
Based on a normal probability distribution, the odds of Bank of Baroda to drop to 241.96 or more in 90 days from now is about 31.38 (This Bank of Baroda probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of Baroda price to stay between 241.96 and its current price of 246.4 at the end of the 90-day period is about 24.13 .
Assuming the 90 days trading horizon Bank of Baroda has a beta of 0.19 suggesting as returns on the market go up, Bank of Baroda average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank of Baroda will be expected to be much smaller as well. Additionally Bank of Baroda has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Bank of Baroda Price Density |
| Price |
Predictive Modules for Bank of Baroda
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 Baroda. 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.Bank of Baroda Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Baroda is not an exception. The market had few large corrections towards the Bank of Baroda'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 Baroda, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Baroda within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 7.13 | |
Ir | Information ratio | -0.08 |
Bank of Baroda 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 Baroda for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Baroda 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 Baroda generated a negative expected return over the last 90 days | |
| Bank of Baroda generates negative cash flow from operations | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: undefined Share Price Today Live NSEBSE -undefined Stock Price, Key Insights and Summary - ET Now |
Bank of Baroda 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 Stock often depends not only on the future outlook of the current and potential Bank of Baroda'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 Baroda's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 B | |
| Cash And Short Term Investments | 1 T |
Bank of Baroda Technical Analysis
Bank of Baroda's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Baroda. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Baroda Predictive Forecast Models
Bank of Baroda's time-series forecasting models is one of many Bank of Baroda'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 Bank of Baroda'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 Bank of Baroda
Checking the ongoing alerts about Bank of Baroda for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Baroda help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of Baroda generated a negative expected return over the last 90 days | |
| Bank of Baroda generates negative cash flow from operations | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: undefined Share Price Today Live NSEBSE -undefined Stock Price, Key Insights and Summary - ET Now |
Additional Tools for Bank Stock Analysis
When running Bank of Baroda's price analysis, check to measure Bank of Baroda'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 Baroda is operating at the current time. Most of Bank of Baroda's value examination focuses on studying past and present price action to predict the probability of Bank of Baroda'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 Baroda's price. Additionally, you may evaluate how the addition of Bank of Baroda to your portfolios can decrease your overall portfolio volatility.