BKI Investment (Australia) Probability of Future Stock Price Finishing Over 1.68
| BKI Stock | 1.72 0.01 0.58% |
BKI |
BKI Investment Target Price Odds to finish over 1.68
The tendency of BKI 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 1.68 in 90 days |
| 1.72 | 90 days | 1.68 | close to 99 |
Based on a normal probability distribution, the odds of BKI Investment to stay above 1.68 in 90 days from now is close to 99 (This BKI Investment probability density function shows the probability of BKI Stock to fall within a particular range of prices over 90 days) . Probability of BKI Investment price to stay between 1.68 and its current price of 1.72 at the end of the 90-day period is about 49.47 .
Assuming the 90 days trading horizon BKI Investment has a beta of -0.0989 suggesting as returns on the benchmark increase, returns on holding BKI Investment are expected to decrease at a much lower rate. During a bear market, however, BKI Investment is likely to outperform the market. Additionally BKI Investment has an alpha of 0.0314, implying that it can generate a 0.0314 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BKI Investment Price Density |
| Price |
Predictive Modules for BKI Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BKI Investment. 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.BKI Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BKI Investment is not an exception. The market had few large corrections towards the BKI Investment'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 BKI Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BKI Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.13 |
BKI Investment 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 BKI Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BKI Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BKI Investment may become a speculative penny stock | |
| BKI Investment is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Discover 3 ASX Penny Stocks With Market Caps Over A100M - Simply Wall St |
BKI Investment 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 BKI Stock often depends not only on the future outlook of the current and potential BKI Investment'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. BKI Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 801.4 M | |
| Cash And Short Term Investments | 99.4 M |
BKI Investment Technical Analysis
BKI Investment's future price can be derived by breaking down and analyzing its technical indicators over time. BKI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BKI Investment. In general, you should focus on analyzing BKI Stock price patterns and their correlations with different microeconomic environments and drivers.
BKI Investment Predictive Forecast Models
BKI Investment's time-series forecasting models is one of many BKI Investment'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 BKI Investment'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 BKI Investment
Checking the ongoing alerts about BKI Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BKI Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BKI Investment may become a speculative penny stock | |
| BKI Investment is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Discover 3 ASX Penny Stocks With Market Caps Over A100M - Simply Wall St |
Additional Tools for BKI Stock Analysis
When running BKI Investment's price analysis, check to measure BKI Investment'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 BKI Investment is operating at the current time. Most of BKI Investment's value examination focuses on studying past and present price action to predict the probability of BKI Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BKI Investment's price. Additionally, you may evaluate how the addition of BKI Investment to your portfolios can decrease your overall portfolio volatility.