Big Bird (Pakistan) Odds of Future Stock Price Finishing Over 59.36
| BBFL Stock | 61.83 1.89 2.97% |
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Big Bird Target Price Odds to finish over 59.36
The tendency of Big 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 stay above 59.36 in 90 days |
| 61.83 | 90 days | 59.36 | close to 99 |
Based on a normal probability distribution, the odds of Big Bird to stay above 59.36 in 90 days from now is close to 99 (This Big Bird Foods probability density function shows the probability of Big Stock to fall within a particular range of prices over 90 days) . Probability of Big Bird Foods price to stay between 59.36 and its current price of 61.83 at the end of the 90-day period is about 1.15 .
Assuming the 90 days trading horizon Big Bird has a beta of 0.0563 suggesting as returns on the market go up, Big Bird average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Big Bird Foods will be expected to be much smaller as well. Additionally Big Bird Foods 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. Big Bird Price Density |
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Predictive Modules for Big Bird
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Big Bird Foods. 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.Big Bird Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Big Bird is not an exception. The market had few large corrections towards the Big Bird'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 Big Bird Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Big Bird within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 4.76 | |
Ir | Information ratio | -0.14 |
Big Bird 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 Big Bird for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Big Bird Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Big Bird Foods generated a negative expected return over the last 90 days | |
| Big Bird Foods has high historical volatility and very poor performance |
Big Bird Technical Analysis
Big Bird's future price can be derived by breaking down and analyzing its technical indicators over time. Big Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Big Bird Foods. In general, you should focus on analyzing Big Stock price patterns and their correlations with different microeconomic environments and drivers.
Big Bird Predictive Forecast Models
Big Bird's time-series forecasting models is one of many Big Bird'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 Big Bird'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 Big Bird Foods
Checking the ongoing alerts about Big Bird for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Big Bird Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Big Bird Foods generated a negative expected return over the last 90 days | |
| Big Bird Foods has high historical volatility and very poor performance |