Boohoocom Plc Adr Stock Probability of Future Pink Sheet Price Finishing Under 7.47
| BHOOY Stock | USD 7.68 0.00 0.00% |
Boohoo |
Boohoo PLC Target Price Odds to finish below 7.47
The tendency of Boohoo 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 drop to $ 7.47 or more in 90 days |
| 7.68 | 90 days | 7.47 | about 90.98 |
Based on a normal probability distribution, the odds of Boohoo PLC to drop to $ 7.47 or more in 90 days from now is about 90.98 (This BoohooCom PLC ADR probability density function shows the probability of Boohoo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of BoohooCom PLC ADR price to stay between $ 7.47 and its current price of $7.68 at the end of the 90-day period is about 8.03 .
Assuming the 90 days horizon Boohoo PLC has a beta of 0.12 suggesting as returns on the market go up, Boohoo PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BoohooCom PLC ADR will be expected to be much smaller as well. Additionally BoohooCom PLC ADR has an alpha of 0.0952, implying that it can generate a 0.0952 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Boohoo PLC Price Density |
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Predictive Modules for Boohoo PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BoohooCom PLC 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.Boohoo PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boohoo PLC is not an exception. The market had few large corrections towards the Boohoo PLC'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 BoohooCom PLC ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boohoo PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.01 |
Boohoo PLC 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 Boohoo PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BoohooCom PLC 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.| The company reported the revenue of 1.98 B. Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 1.04 B. |
Boohoo PLC 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 Boohoo Pink Sheet often depends not only on the future outlook of the current and potential Boohoo PLC'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. Boohoo PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Boohoo PLC Technical Analysis
Boohoo PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Boohoo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BoohooCom PLC ADR. In general, you should focus on analyzing Boohoo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Boohoo PLC Predictive Forecast Models
Boohoo PLC's time-series forecasting models is one of many Boohoo PLC'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 Boohoo PLC'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 BoohooCom PLC ADR
Checking the ongoing alerts about Boohoo PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BoohooCom PLC ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 1.98 B. Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 1.04 B. |
Additional Tools for Boohoo Pink Sheet Analysis
When running Boohoo PLC's price analysis, check to measure Boohoo PLC'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 Boohoo PLC is operating at the current time. Most of Boohoo PLC's value examination focuses on studying past and present price action to predict the probability of Boohoo PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boohoo PLC's price. Additionally, you may evaluate how the addition of Boohoo PLC to your portfolios can decrease your overall portfolio volatility.