Henry Boot (UK) Probability of Future Stock Price Finishing Over 0.76
| BD82 Stock | 0.76 0.00 0.00% |
Henry |
Henry Boot Target Price Odds to finish over 0.76
The tendency of Henry 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 move above the current price in 90 days |
| 0.76 | 90 days | 0.76 | about 18.81 |
Based on a normal probability distribution, the odds of Henry Boot to move above the current price in 90 days from now is about 18.81 (This Henry Boot PLC probability density function shows the probability of Henry Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Henry Boot has a beta of 0.11 suggesting as returns on the market go up, Henry Boot average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Henry Boot PLC will be expected to be much smaller as well. Additionally Henry Boot PLC has an alpha of 0.0384, implying that it can generate a 0.0384 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Henry Boot Price Density |
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Predictive Modules for Henry Boot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Henry Boot PLC. 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.Henry Boot Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Henry Boot is not an exception. The market had few large corrections towards the Henry Boot'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 Henry Boot PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Henry Boot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.14 |
Henry Boot 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 Henry Boot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Henry Boot PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Henry Boot PLC has some characteristics of a very speculative penny stock | |
| Henry Boot generates negative cash flow from operations | |
| Latest headline from news.google.com: 3 UK Stocks That May Be Undervalued Based On Current Estimates In November 2024 - Yahoo Finance |
Henry Boot 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 Henry Stock often depends not only on the future outlook of the current and potential Henry Boot'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. Henry Boot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.3 M | |
| Cash And Short Term Investments | 13 M |
Henry Boot Technical Analysis
Henry Boot's future price can be derived by breaking down and analyzing its technical indicators over time. Henry Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Henry Boot PLC. In general, you should focus on analyzing Henry Stock price patterns and their correlations with different microeconomic environments and drivers.
Henry Boot Predictive Forecast Models
Henry Boot's time-series forecasting models is one of many Henry Boot'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 Henry Boot'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 Henry Boot PLC
Checking the ongoing alerts about Henry Boot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Henry Boot PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Henry Boot PLC has some characteristics of a very speculative penny stock | |
| Henry Boot generates negative cash flow from operations | |
| Latest headline from news.google.com: 3 UK Stocks That May Be Undervalued Based On Current Estimates In November 2024 - Yahoo Finance |
Additional Tools for Henry Stock Analysis
When running Henry Boot's price analysis, check to measure Henry Boot'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 Henry Boot is operating at the current time. Most of Henry Boot's value examination focuses on studying past and present price action to predict the probability of Henry Boot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henry Boot's price. Additionally, you may evaluate how the addition of Henry Boot to your portfolios can decrease your overall portfolio volatility.