Bien Sparebank (Norway) Probability of Future Stock Price Finishing Over 89.89
| BIEN Stock | 124.00 1.00 0.81% |
Bien |
Bien Sparebank Target Price Odds to finish over 89.89
The tendency of Bien 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 stay above 89.89 in 90 days |
| 124.00 | 90 days | 89.89 | about 91.57 |
Based on a normal probability distribution, the odds of Bien Sparebank to stay above 89.89 in 90 days from now is about 91.57 (This Bien Sparebank ASA probability density function shows the probability of Bien Stock to fall within a particular range of prices over 90 days) . Probability of Bien Sparebank ASA price to stay between 89.89 and its current price of 124.0 at the end of the 90-day period is about 83.47 .
Assuming the 90 days trading horizon Bien Sparebank has a beta of 0.37 suggesting as returns on the market go up, Bien Sparebank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bien Sparebank ASA will be expected to be much smaller as well. Additionally Bien Sparebank ASA has an alpha of 0.4421, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bien Sparebank Price Density |
| Price |
Predictive Modules for Bien Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bien Sparebank ASA. 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.Bien Sparebank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bien Sparebank is not an exception. The market had few large corrections towards the Bien Sparebank'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 Bien Sparebank ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bien Sparebank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 12.29 | |
Ir | Information ratio | 0.20 |
Bien Sparebank 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 Bien Sparebank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bien Sparebank ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 74.0% of the company shares are held by company insiders |
Bien Sparebank 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 Bien Stock often depends not only on the future outlook of the current and potential Bien Sparebank'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. Bien Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 M |
Bien Sparebank Technical Analysis
Bien Sparebank's future price can be derived by breaking down and analyzing its technical indicators over time. Bien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bien Sparebank ASA. In general, you should focus on analyzing Bien Stock price patterns and their correlations with different microeconomic environments and drivers.
Bien Sparebank Predictive Forecast Models
Bien Sparebank's time-series forecasting models is one of many Bien Sparebank'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 Bien Sparebank'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 Bien Sparebank ASA
Checking the ongoing alerts about Bien Sparebank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bien Sparebank ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 74.0% of the company shares are held by company insiders |
Other Information on Investing in Bien Stock
Bien Sparebank financial ratios help investors to determine whether Bien 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 Bien with respect to the benefits of owning Bien Sparebank security.