Bendigo (Australia) Odds of Future Preferred Stock Price Finishing Over 106.84
| BENPH Preferred Stock | 105.43 1.37 1.28% |
Bendigo |
Bendigo Target Price Odds to finish over 106.84
The tendency of Bendigo Preferred 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 over 106.84 or more in 90 days |
| 105.43 | 90 days | 106.84 | near 1 |
Based on a normal probability distribution, the odds of Bendigo to move over 106.84 or more in 90 days from now is near 1 (This Bendigo and Adelaide probability density function shows the probability of Bendigo Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Bendigo and Adelaide price to stay between its current price of 105.43 and 106.84 at the end of the 90-day period is about 9.98 .
Assuming the 90 days trading horizon Bendigo has a beta of 0.0422 suggesting as returns on the market go up, Bendigo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bendigo and Adelaide will be expected to be much smaller as well. Additionally Bendigo and Adelaide 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. Bendigo Price Density |
| Price |
Predictive Modules for Bendigo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bendigo and Adelaide. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Bendigo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bendigo is not an exception. The market had few large corrections towards the Bendigo'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 Bendigo and Adelaide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bendigo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0062 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.33 |
Bendigo 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 Bendigo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bendigo and Adelaide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bendigo generates negative cash flow from operations |
Bendigo 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 Bendigo Preferred Stock often depends not only on the future outlook of the current and potential Bendigo'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. Bendigo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 563.1 M |
Bendigo Technical Analysis
Bendigo's future price can be derived by breaking down and analyzing its technical indicators over time. Bendigo Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bendigo and Adelaide. In general, you should focus on analyzing Bendigo Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Bendigo Predictive Forecast Models
Bendigo's time-series forecasting models is one of many Bendigo's preferred 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 Bendigo'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Bendigo and Adelaide
Checking the ongoing alerts about Bendigo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bendigo and Adelaide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bendigo generates negative cash flow from operations |
Other Information on Investing in Bendigo Preferred Stock
Bendigo financial ratios help investors to determine whether Bendigo Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bendigo with respect to the benefits of owning Bendigo security.