Boliden Ab Adr Stock Probability of Future Pink Sheet Price Finishing Under 55.38

BDNNY Stock  USD 57.89  0.14  0.24%   
Boliden AB's future price is the expected price of Boliden AB instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Boliden AB ADR performance during a given time horizon utilizing its historical volatility. Check out Boliden AB Backtesting, Boliden AB Valuation, Boliden AB Correlation, Boliden AB Hype Analysis, Boliden AB Volatility, Boliden AB History as well as Boliden AB Performance.
  
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Boliden AB Target Price Odds to finish below 55.38

The tendency of Boliden Pink Sheet 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 PriceHorizonTarget PriceOdds to drop to $ 55.38  or more in 90 days
 57.89 90 days 55.38 
under 4
Based on a normal probability distribution, the odds of Boliden AB to drop to $ 55.38  or more in 90 days from now is under 4 (This Boliden AB ADR probability density function shows the probability of Boliden Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Boliden AB ADR price to stay between $ 55.38  and its current price of $57.89 at the end of the 90-day period is about 11.04 .
Assuming the 90 days horizon Boliden AB has a beta of 0.56 suggesting as returns on the market go up, Boliden AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Boliden AB ADR will be expected to be much smaller as well. Additionally Boliden AB ADR 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.
   Boliden AB Price Density   
       Price  

Predictive Modules for Boliden AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boliden AB ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Hype
Prediction
LowEstimatedHigh
55.4057.8960.38
Details
Intrinsic
Valuation
LowRealHigh
57.3759.8662.35
Details
Naive
Forecast
LowNextHigh
52.0654.5557.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.7157.8457.98
Details

Boliden AB Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Boliden AB is not an exception. The market had few large corrections towards the Boliden AB'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 Boliden AB ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boliden AB within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.1
β
Beta against Dow Jones0.56
σ
Overall volatility
3.51
Ir
Information ratio -0.06

Boliden AB 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 Boliden AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boliden AB ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Boliden AB ADR generated a negative expected return over the last 90 days
Latest headline from news.google.com: Snow Lake Resources Reports Promising Uranium Drilling Results - TipRanks

Boliden AB 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 Boliden Pink Sheet often depends not only on the future outlook of the current and potential Boliden AB'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. Boliden AB's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding136.8 M
Cash And Short Term Investments8.3 B

Boliden AB Technical Analysis

Boliden AB's future price can be derived by breaking down and analyzing its technical indicators over time. Boliden Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boliden AB ADR. In general, you should focus on analyzing Boliden Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Boliden AB Predictive Forecast Models

Boliden AB's time-series forecasting models is one of many Boliden AB's pink sheet 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 Boliden AB'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 pink sheet market movement and maximize returns from investment trading.

Things to note about Boliden AB ADR

Checking the ongoing alerts about Boliden AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boliden AB ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Boliden AB ADR generated a negative expected return over the last 90 days
Latest headline from news.google.com: Snow Lake Resources Reports Promising Uranium Drilling Results - TipRanks

Additional Tools for Boliden Pink Sheet Analysis

When running Boliden AB's price analysis, check to measure Boliden AB'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 Boliden AB is operating at the current time. Most of Boliden AB's value examination focuses on studying past and present price action to predict the probability of Boliden AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boliden AB's price. Additionally, you may evaluate how the addition of Boliden AB to your portfolios can decrease your overall portfolio volatility.