Boc Hong Kong Stock Odds of Future Pink Sheet Price Finishing Under 64.77
| BHKLY Stock | USD 62.85 0.45 0.72% |
BOC |
BOC Hong Target Price Odds to finish below 64.77
The tendency of BOC 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 Price | Horizon | Target Price | Odds to stay under $ 64.77 after 90 days |
| 62.85 | 90 days | 64.77 | about 62.65 |
Based on a normal probability distribution, the odds of BOC Hong to stay under $ 64.77 after 90 days from now is about 62.65 (This BOC Hong Kong probability density function shows the probability of BOC Pink Sheet to fall within a particular range of prices over 90 days) . Probability of BOC Hong Kong price to stay between its current price of $ 62.85 and $ 64.77 at the end of the 90-day period is about 27.48 .
Assuming the 90 days horizon BOC Hong Kong has a beta of -0.0042 suggesting as returns on the benchmark increase, returns on holding BOC Hong are expected to decrease at a much lower rate. During a bear market, however, BOC Hong Kong is likely to outperform the market. Additionally BOC Hong Kong has an alpha of 0.1051, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BOC Hong Price Density |
| Price |
Predictive Modules for BOC Hong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BOC Hong Kong. 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.BOC Hong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BOC Hong is not an exception. The market had few large corrections towards the BOC Hong'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 BOC Hong Kong, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BOC Hong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.0042 | |
σ | Overall volatility | 2.73 | |
Ir | Information ratio | -0.0062 |
BOC Hong 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 BOC Hong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BOC Hong Kong can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BOC Hong Kong has accumulated about 391.19 B in cash with (219.01 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 739.98. |
BOC Hong 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 BOC Pink Sheet often depends not only on the future outlook of the current and potential BOC Hong'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. BOC Hong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.6 B |
BOC Hong Technical Analysis
BOC Hong's future price can be derived by breaking down and analyzing its technical indicators over time. BOC Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BOC Hong Kong. In general, you should focus on analyzing BOC Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
BOC Hong Predictive Forecast Models
BOC Hong's time-series forecasting models is one of many BOC Hong'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 BOC Hong'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 BOC Hong Kong
Checking the ongoing alerts about BOC Hong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BOC Hong Kong help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BOC Hong Kong has accumulated about 391.19 B in cash with (219.01 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 739.98. |
Additional Tools for BOC Pink Sheet Analysis
When running BOC Hong's price analysis, check to measure BOC Hong'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 BOC Hong is operating at the current time. Most of BOC Hong's value examination focuses on studying past and present price action to predict the probability of BOC Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BOC Hong's price. Additionally, you may evaluate how the addition of BOC Hong to your portfolios can decrease your overall portfolio volatility.