Birkenstock Holding Plc Stock Probability of Future Stock Price Finishing Under 53.8
| BIRK Stock | 50.51 0.45 0.90% |
Birkenstock |
Birkenstock Holding Target Price Odds to finish below 53.8
The tendency of Birkenstock 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 under 53.80 after 90 days |
| 50.51 | 90 days | 53.80 | roughly 96.0 |
Based on a normal probability distribution, the odds of Birkenstock Holding to stay under 53.80 after 90 days from now is roughly 96.0 (This Birkenstock Holding plc probability density function shows the probability of Birkenstock Stock to fall within a particular range of prices over 90 days) . Probability of Birkenstock Holding plc price to stay between its current price of 50.51 and 53.80 at the end of the 90-day period is about 21.14 .
Given the investment horizon of 90 days Birkenstock Holding has a beta of 0.73 suggesting as returns on the market go up, Birkenstock Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Birkenstock Holding plc will be expected to be much smaller as well. Additionally Birkenstock Holding plc 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. Birkenstock Holding Price Density |
| Price |
Predictive Modules for Birkenstock Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Birkenstock Holding plc. 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.Birkenstock Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Birkenstock Holding is not an exception. The market had few large corrections towards the Birkenstock Holding'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 Birkenstock Holding plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Birkenstock Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 3.01 | |
Ir | Information ratio | -0.14 |
Birkenstock Holding 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 Birkenstock Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Birkenstock Holding plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Birkenstock Holding 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 | |
| Latest headline from thelincolnianonline.com: 21,265 Shares in Birkenstock Holding plc Purchased by Dynamic Technology Lab Private Ltd |
Birkenstock Holding 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 Birkenstock Stock often depends not only on the future outlook of the current and potential Birkenstock Holding'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. Birkenstock Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 182.7 M | |
| Cash And Short Term Investments | 354.1 M |
Birkenstock Holding Technical Analysis
Birkenstock Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Birkenstock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Birkenstock Holding plc. In general, you should focus on analyzing Birkenstock Stock price patterns and their correlations with different microeconomic environments and drivers.
Birkenstock Holding Predictive Forecast Models
Birkenstock Holding's time-series forecasting models is one of many Birkenstock Holding'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 Birkenstock Holding'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 Birkenstock Holding plc
Checking the ongoing alerts about Birkenstock Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Birkenstock Holding plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Birkenstock Holding 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 | |
| Latest headline from thelincolnianonline.com: 21,265 Shares in Birkenstock Holding plc Purchased by Dynamic Technology Lab Private Ltd |
Check out Birkenstock Holding Backtesting, Birkenstock Holding Valuation, Birkenstock Holding Correlation, Birkenstock Holding Hype Analysis, Birkenstock Holding Volatility, Birkenstock Holding History as well as Birkenstock Holding Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Textiles, Apparel & Luxury Goods 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 Birkenstock Holding. If investors know Birkenstock 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 Birkenstock Holding 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 0.151 | Earnings Share 0.62 | Revenue Per Share 9.25 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0453 |
The market value of Birkenstock Holding plc is measured differently than its book value, which is the value of Birkenstock that is recorded on the company's balance sheet. Investors also form their own opinion of Birkenstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Birkenstock Holding'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 Birkenstock Holding's market value can be influenced by many factors that don't directly affect Birkenstock Holding'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 Birkenstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Birkenstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birkenstock Holding'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.