Birman Wood (Israel) Probability of Future Stock Price Finishing Under 919.66
| BIRM Stock | 976.00 18.40 1.92% |
Birman |
Birman Wood Target Price Odds to finish below 919.66
The tendency of Birman 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 919.66 or more in 90 days |
| 976.00 | 90 days | 919.66 | about 36.71 |
Based on a normal probability distribution, the odds of Birman Wood to drop to 919.66 or more in 90 days from now is about 36.71 (This Birman Wood and probability density function shows the probability of Birman Stock to fall within a particular range of prices over 90 days) . Probability of Birman Wood price to stay between 919.66 and its current price of 976.0 at the end of the 90-day period is about 24.96 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.23 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, Birman Wood will likely underperform. Additionally Birman Wood and 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. Birman Wood Price Density |
| Price |
Predictive Modules for Birman Wood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Birman Wood. 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.Birman Wood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Birman Wood is not an exception. The market had few large corrections towards the Birman Wood'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 Birman Wood and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Birman Wood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 88.52 | |
Ir | Information ratio | 0 |
Birman Wood 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 Birman Wood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Birman Wood can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Birman Wood had very high historical volatility over the last 90 days | |
| Birman Wood has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Birman Wood and has accumulated about 366 K in cash with (24.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 80.0% of the company shares are held by company insiders |
Birman Wood Technical Analysis
Birman Wood's future price can be derived by breaking down and analyzing its technical indicators over time. Birman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Birman Wood and. In general, you should focus on analyzing Birman Stock price patterns and their correlations with different microeconomic environments and drivers.
Birman Wood Predictive Forecast Models
Birman Wood's time-series forecasting models is one of many Birman Wood'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 Birman Wood'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 Birman Wood
Checking the ongoing alerts about Birman Wood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Birman Wood help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Birman Wood had very high historical volatility over the last 90 days | |
| Birman Wood has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Birman Wood and has accumulated about 366 K in cash with (24.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 80.0% of the company shares are held by company insiders |
Other Information on Investing in Birman Stock
Birman Wood financial ratios help investors to determine whether Birman 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 Birman with respect to the benefits of owning Birman Wood security.