Barrett Business Services Stock Probability of Future Stock Price Finishing Under 32.25
| BBSI Stock | USD 42.91 0.13 0.30% |
Barrett |
Barrett Business Target Price Odds to finish below 32.25
The tendency of Barrett 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 $ 32.25 or more in 90 days |
| 42.91 | 90 days | 32.25 | about 1.28 |
Based on a normal probability distribution, the odds of Barrett Business to drop to $ 32.25 or more in 90 days from now is about 1.28 (This Barrett Business Services probability density function shows the probability of Barrett Stock to fall within a particular range of prices over 90 days) . Probability of Barrett Business Services price to stay between $ 32.25 and its current price of $42.91 at the end of the 90-day period is over 95.85 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.47 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, Barrett Business will likely underperform. Additionally Barrett Business Services has an alpha of 0.0804, implying that it can generate a 0.0804 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Barrett Business Price Density |
| Price |
Predictive Modules for Barrett Business
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Barrett Business Services. 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 Barrett Business' 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.
Barrett Business Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Barrett Business is not an exception. The market had few large corrections towards the Barrett Business' 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 Barrett Business Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Barrett Business within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 1.47 | |
σ | Overall volatility | 2.58 | |
Ir | Information ratio | 0.09 |
Barrett Business 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 Barrett Business for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Barrett Business Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Barrett Business is unlikely to experience financial distress in the next 2 years | |
| Barrett Business has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by James Potts of 3003 shares of Barrett Business subject to Rule 16b-3 |
Barrett Business 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 Barrett Stock often depends not only on the future outlook of the current and potential Barrett Business' 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. Barrett Business' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.4 M | |
| Cash And Short Term Investments | 152.2 M |
Barrett Business Technical Analysis
Barrett Business' future price can be derived by breaking down and analyzing its technical indicators over time. Barrett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Barrett Business Services. In general, you should focus on analyzing Barrett Stock price patterns and their correlations with different microeconomic environments and drivers.
Barrett Business Predictive Forecast Models
Barrett Business' time-series forecasting models is one of many Barrett Business' 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 Barrett Business' 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 Barrett Business Services
Checking the ongoing alerts about Barrett Business for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Barrett Business Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Barrett Business is unlikely to experience financial distress in the next 2 years | |
| Barrett Business has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by James Potts of 3003 shares of Barrett Business subject to Rule 16b-3 |
Check out Barrett Business Backtesting, Barrett Business Valuation, Barrett Business Correlation, Barrett Business Hype Analysis, Barrett Business Volatility, Barrett Business History as well as Barrett Business Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Human Resource & Employment 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 Barrett Business. If investors know Barrett 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 Barrett Business listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.509 | Dividend Share 0.305 | Earnings Share 1.89 | Revenue Per Share 42.598 | Quarterly Revenue Growth 0.1 |
The market value of Barrett Business Services is measured differently than its book value, which is the value of Barrett that is recorded on the company's balance sheet. Investors also form their own opinion of Barrett Business' value that differs from its market value or its book value, called intrinsic value, which is Barrett Business' 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 Barrett Business' market value can be influenced by many factors that don't directly affect Barrett Business' 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 Barrett Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrett Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrett Business' 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.