Benchmark Electronics Stock Probability of Future Stock Price Finishing Under 47.32
| BHE Stock | USD 48.49 0.44 0.92% |
Closest to current price Benchmark long CALL Option Payoff at Expiration
Benchmark |
Benchmark Electronics Target Price Odds to finish below 47.32
The tendency of Benchmark 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 $ 47.32 or more in 90 days |
| 48.49 | 90 days | 47.32 | about 82.23 |
Based on a normal probability distribution, the odds of Benchmark Electronics to drop to $ 47.32 or more in 90 days from now is about 82.23 (This Benchmark Electronics probability density function shows the probability of Benchmark Stock to fall within a particular range of prices over 90 days) . Probability of Benchmark Electronics price to stay between $ 47.32 and its current price of $48.49 at the end of the 90-day period is about 8.37 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.24 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, Benchmark Electronics will likely underperform. Additionally Benchmark Electronics 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. Benchmark Electronics Price Density |
| Price |
Predictive Modules for Benchmark Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Benchmark Electronics. 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.Benchmark Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Benchmark Electronics is not an exception. The market had few large corrections towards the Benchmark Electronics' 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 Benchmark Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Benchmark Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 2.24 | |
σ | Overall volatility | 2.96 | |
Ir | Information ratio | 0.04 |
Benchmark Electronics 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 Benchmark Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Benchmark Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Benchmark Electronics is unlikely to experience financial distress in the next 2 years | |
| Benchmark Electronics has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 11th of October 2024 Benchmark Electronics paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Electronics Demand at Best Buy WanesBut People Are Still Buying Laptops |
Benchmark Electronics 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 Benchmark Stock often depends not only on the future outlook of the current and potential Benchmark Electronics' 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. Benchmark Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36 M | |
| Cash And Short Term Investments | 277.4 M |
Benchmark Electronics Technical Analysis
Benchmark Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Benchmark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Benchmark Electronics. In general, you should focus on analyzing Benchmark Stock price patterns and their correlations with different microeconomic environments and drivers.
Benchmark Electronics Predictive Forecast Models
Benchmark Electronics' time-series forecasting models is one of many Benchmark Electronics' 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 Benchmark Electronics' 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 Benchmark Electronics
Checking the ongoing alerts about Benchmark Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Benchmark Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Benchmark Electronics is unlikely to experience financial distress in the next 2 years | |
| Benchmark Electronics has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 11th of October 2024 Benchmark Electronics paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Electronics Demand at Best Buy WanesBut People Are Still Buying Laptops |
Check out Benchmark Electronics Backtesting, Benchmark Electronics Valuation, Benchmark Electronics Correlation, Benchmark Electronics Hype Analysis, Benchmark Electronics Volatility, Benchmark Electronics History as well as Benchmark Electronics Performance. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components 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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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 (0.26) | Dividend Share 0.665 | Earnings Share 1.72 | Revenue Per Share 74.962 | Quarterly Revenue Growth (0.09) |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.