Best Inc Stock Chance of Future Stock Price Finishing Under 2.2
| BEST Stock | USD 2.66 0.01 0.37% |
Closest to current price BEST long PUT Option Payoff at Expiration
BEST |
BEST Target Price Odds to finish below 2.2
The tendency of BEST 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 $ 2.20 or more in 90 days |
| 2.66 | 90 days | 2.20 | near 1 |
Based on a normal probability distribution, the odds of BEST to drop to $ 2.20 or more in 90 days from now is near 1 (This BEST Inc probability density function shows the probability of BEST Stock to fall within a particular range of prices over 90 days) . Probability of BEST Inc price to stay between $ 2.20 and its current price of $2.66 at the end of the 90-day period is about 6.0 .
Given the investment horizon of 90 days BEST Inc has a beta of -0.0696 suggesting as returns on the benchmark increase, returns on holding BEST are expected to decrease at a much lower rate. During a bear market, however, BEST Inc is likely to outperform the market. Additionally BEST Inc 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. BEST Price Density |
| Price |
Predictive Modules for BEST
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BEST Inc. 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 BEST's 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.
BEST Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BEST is not an exception. The market had few large corrections towards the BEST'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 BEST Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BEST within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.47 |
BEST 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 BEST for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BEST Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BEST Inc generated a negative expected return over the last 90 days | |
| BEST Inc has high likelihood to experience some financial distress in the next 2 years | |
| BEST Inc currently holds 3.28 B in liabilities with Debt to Equity (D/E) ratio of 3.18, implying the company greatly relies on financing operations through barrowing. BEST Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about BEST's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 8.32 B. Net Loss for the year was (814.4 M) with loss before overhead, payroll, taxes, and interest of (263.56 M). | |
| BEST Inc currently holds about 2.56 B in cash with (545.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
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BEST 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 BEST Stock often depends not only on the future outlook of the current and potential BEST'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. BEST's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.1 M | |
| Cash And Short Term Investments | 461.9 M |
BEST Technical Analysis
BEST's future price can be derived by breaking down and analyzing its technical indicators over time. BEST Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BEST Inc. In general, you should focus on analyzing BEST Stock price patterns and their correlations with different microeconomic environments and drivers.
BEST Predictive Forecast Models
BEST's time-series forecasting models is one of many BEST'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 BEST'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 BEST Inc
Checking the ongoing alerts about BEST for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BEST Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BEST Inc generated a negative expected return over the last 90 days | |
| BEST Inc has high likelihood to experience some financial distress in the next 2 years | |
| BEST Inc currently holds 3.28 B in liabilities with Debt to Equity (D/E) ratio of 3.18, implying the company greatly relies on financing operations through barrowing. BEST Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about BEST's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 8.32 B. Net Loss for the year was (814.4 M) with loss before overhead, payroll, taxes, and interest of (263.56 M). | |
| BEST Inc currently holds about 2.56 B in cash with (545.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
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Additional Tools for BEST Stock Analysis
When running BEST's price analysis, check to measure BEST'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 BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.