Bill Com Holdings Stock Chance of Future Stock Price Finishing Under 59.3
| BILL Stock | USD 91.51 1.53 1.70% |
Bill |
Bill Target Price Odds to finish below 59.3
The tendency of Bill 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 $ 59.30 or more in 90 days |
| 91.51 | 90 days | 59.30 | about 47.83 |
Based on a normal probability distribution, the odds of Bill to drop to $ 59.30 or more in 90 days from now is about 47.83 (This Bill Com Holdings probability density function shows the probability of Bill Stock to fall within a particular range of prices over 90 days) . Probability of Bill Com Holdings price to stay between $ 59.30 and its current price of $91.51 at the end of the 90-day period is about 51.51 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.8 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, Bill will likely underperform. Additionally Bill Com Holdings has an alpha of 0.732, implying that it can generate a 0.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bill Price Density |
| Price |
Predictive Modules for Bill
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bill Com Holdings. 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.Bill Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bill is not an exception. The market had few large corrections towards the Bill'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 Bill Com Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bill within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.73 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 12.47 | |
Ir | Information ratio | 0.23 |
Bill 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 Bill for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bill Com Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bill Com Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.29 B. Net Loss for the year was (28.88 M) with profit before overhead, payroll, taxes, and interest of 536.92 M. | |
| Bill Com Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Oppenheimer Co. Inc. Invests 303,000 in BILL Holdings, Inc. - MarketBeat |
Bill 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 Bill Stock often depends not only on the future outlook of the current and potential Bill'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. Bill's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.1 M | |
| Cash And Short Term Investments | 1.6 B |
Bill Technical Analysis
Bill's future price can be derived by breaking down and analyzing its technical indicators over time. Bill Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bill Com Holdings. In general, you should focus on analyzing Bill Stock price patterns and their correlations with different microeconomic environments and drivers.
Bill Predictive Forecast Models
Bill's time-series forecasting models is one of many Bill'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 Bill'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 Bill Com Holdings
Checking the ongoing alerts about Bill for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bill Com Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bill Com Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.29 B. Net Loss for the year was (28.88 M) with profit before overhead, payroll, taxes, and interest of 536.92 M. | |
| Bill Com Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Oppenheimer Co. Inc. Invests 303,000 in BILL Holdings, Inc. - MarketBeat |
Check out Bill Backtesting, Bill Valuation, Bill Correlation, Bill Hype Analysis, Bill Volatility, Bill History as well as Bill Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Systems Software 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 Bill. If investors know Bill 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 Bill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.07 | Revenue Per Share 12.698 | Quarterly Revenue Growth 0.175 | Return On Assets (0.01) | Return On Equity 0.0019 |
The market value of Bill Com Holdings is measured differently than its book value, which is the value of Bill that is recorded on the company's balance sheet. Investors also form their own opinion of Bill's value that differs from its market value or its book value, called intrinsic value, which is Bill's 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 Bill's market value can be influenced by many factors that don't directly affect Bill's 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 Bill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bill's 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.