BASF SE (Germany) Odds of Future Stock Price Finishing Under 36.93
| BAS Stock | 42.30 0.71 1.65% |
BASF |
BASF SE Target Price Odds to finish below 36.93
The tendency of BASF 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 36.93 or more in 90 days |
| 42.30 | 90 days | 36.93 | near 1 |
Based on a normal probability distribution, the odds of BASF SE to drop to 36.93 or more in 90 days from now is near 1 (This BASF SE probability density function shows the probability of BASF Stock to fall within a particular range of prices over 90 days) . Probability of BASF SE price to stay between 36.93 and its current price of 42.3 at the end of the 90-day period is about 5.53 .
Assuming the 90 days trading horizon BASF SE has a beta of 0.53 suggesting as returns on the market go up, BASF SE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BASF SE will be expected to be much smaller as well. Additionally BASF SE 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. BASF SE Price Density |
| Price |
Predictive Modules for BASF SE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BASF SE. 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 BASF SE'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.
BASF SE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BASF SE is not an exception. The market had few large corrections towards the BASF SE'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 BASF SE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BASF SE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.12 |
BASF SE 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 BASF SE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BASF SE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BASF SE generated a negative expected return over the last 90 days | |
| BASF SE has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 87.33 B. Net Loss for the year was (627 M) with profit before overhead, payroll, taxes, and interest of 20.63 B. |
BASF SE 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 BASF Stock often depends not only on the future outlook of the current and potential BASF SE'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. BASF SE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 893.9 M | |
| Cash And Short Term Investments | 2.7 B |
BASF SE Technical Analysis
BASF SE's future price can be derived by breaking down and analyzing its technical indicators over time. BASF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BASF SE. In general, you should focus on analyzing BASF Stock price patterns and their correlations with different microeconomic environments and drivers.
BASF SE Predictive Forecast Models
BASF SE's time-series forecasting models is one of many BASF SE'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 BASF SE'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 BASF SE
Checking the ongoing alerts about BASF SE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BASF SE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BASF SE generated a negative expected return over the last 90 days | |
| BASF SE has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 87.33 B. Net Loss for the year was (627 M) with profit before overhead, payroll, taxes, and interest of 20.63 B. |
Additional Tools for BASF Stock Analysis
When running BASF SE's price analysis, check to measure BASF SE'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 BASF SE is operating at the current time. Most of BASF SE's value examination focuses on studying past and present price action to predict the probability of BASF SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BASF SE's price. Additionally, you may evaluate how the addition of BASF SE to your portfolios can decrease your overall portfolio volatility.