Boss Energy (Australia) Probability of Future Stock Price Finishing Over 4.11
| BOE Stock | 2.55 0.03 1.16% |
Boss |
Boss Energy Target Price Odds to finish over 4.11
The tendency of Boss 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 move over 4.11 or more in 90 days |
| 2.55 | 90 days | 4.11 | near 1 |
Based on a normal probability distribution, the odds of Boss Energy to move over 4.11 or more in 90 days from now is near 1 (This Boss Energy Limited probability density function shows the probability of Boss Stock to fall within a particular range of prices over 90 days) . Probability of Boss Energy Limited price to stay between its current price of 2.55 and 4.11 at the end of the 90-day period is over 95.14 .
Assuming the 90 days trading horizon Boss Energy Limited has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Boss Energy are expected to decrease at a much lower rate. During a bear market, however, Boss Energy Limited is likely to outperform the market. Additionally Boss Energy Limited has an alpha of 0.0545, implying that it can generate a 0.0545 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Boss Energy Price Density |
| Price |
Predictive Modules for Boss Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boss Energy Limited. 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.Boss Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boss Energy is not an exception. The market had few large corrections towards the Boss Energy'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 Boss Energy Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boss Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.02 |
Boss Energy 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 Boss Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boss Energy Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boss Energy Limited generated a negative expected return over the last 90 days | |
| Boss Energy Limited has high historical volatility and very poor performance | |
| Boss Energy Limited has high likelihood to experience some financial distress in the next 2 years | |
| Boss Energy Limited has accumulated about 73 M in cash with (11.67 M) of positive cash flow from operations. | |
| Roughly 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Boss Energy Stakeholder Reduces Voting Power - TipRanks |
Boss Energy 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 Boss Stock often depends not only on the future outlook of the current and potential Boss Energy'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. Boss Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 385.1 M | |
| Cash And Short Term Investments | 67.3 M |
Boss Energy Technical Analysis
Boss Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Boss Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boss Energy Limited. In general, you should focus on analyzing Boss Stock price patterns and their correlations with different microeconomic environments and drivers.
Boss Energy Predictive Forecast Models
Boss Energy's time-series forecasting models is one of many Boss Energy'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 Boss Energy'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 Boss Energy Limited
Checking the ongoing alerts about Boss Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boss Energy Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boss Energy Limited generated a negative expected return over the last 90 days | |
| Boss Energy Limited has high historical volatility and very poor performance | |
| Boss Energy Limited has high likelihood to experience some financial distress in the next 2 years | |
| Boss Energy Limited has accumulated about 73 M in cash with (11.67 M) of positive cash flow from operations. | |
| Roughly 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Boss Energy Stakeholder Reduces Voting Power - TipRanks |
Additional Tools for Boss Stock Analysis
When running Boss Energy's price analysis, check to measure Boss Energy'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 Boss Energy is operating at the current time. Most of Boss Energy's value examination focuses on studying past and present price action to predict the probability of Boss Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boss Energy's price. Additionally, you may evaluate how the addition of Boss Energy to your portfolios can decrease your overall portfolio volatility.