Bonheur (Norway) Odds of Future Stock Price Finishing Over 269.35
BONHR Stock | NOK 275.50 5.50 2.04% |
Bonheur |
Bonheur Target Price Odds to finish over 269.35
The tendency of Bonheur 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 269.35 in 90 days |
275.50 | 90 days | 269.35 | about 64.52 |
Based on a normal probability distribution, the odds of Bonheur to stay above 269.35 in 90 days from now is about 64.52 (This Bonheur probability density function shows the probability of Bonheur Stock to fall within a particular range of prices over 90 days) . Probability of Bonheur price to stay between 269.35 and its current price of 275.5 at the end of the 90-day period is about 35.82 .
Assuming the 90 days trading horizon Bonheur has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding Bonheur are expected to decrease at a much lower rate. During a bear market, however, Bonheur is likely to outperform the market. Additionally Bonheur has an alpha of 0.021, implying that it can generate a 0.021 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bonheur Price Density |
Price |
Predictive Modules for Bonheur
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bonheur. 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.Bonheur Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bonheur is not an exception. The market had few large corrections towards the Bonheur'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 Bonheur, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bonheur within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 6.58 | |
Ir | Information ratio | -0.09 |
Bonheur 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 Bonheur for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bonheur can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The company reported the revenue of 7.54 B. Net Loss for the year was (111.9 M) with profit before overhead, payroll, taxes, and interest of 1.94 B. | |
About 56.0% of the company shares are held by company insiders |
Bonheur 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 Bonheur Stock often depends not only on the future outlook of the current and potential Bonheur'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. Bonheur's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 42.5 M | |
Cash And Short Term Investments | 4 B |
Bonheur Technical Analysis
Bonheur's future price can be derived by breaking down and analyzing its technical indicators over time. Bonheur Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bonheur. In general, you should focus on analyzing Bonheur Stock price patterns and their correlations with different microeconomic environments and drivers.
Bonheur Predictive Forecast Models
Bonheur's time-series forecasting models is one of many Bonheur'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 Bonheur'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 Bonheur
Checking the ongoing alerts about Bonheur for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bonheur help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company reported the revenue of 7.54 B. Net Loss for the year was (111.9 M) with profit before overhead, payroll, taxes, and interest of 1.94 B. | |
About 56.0% of the company shares are held by company insiders |
Other Information on Investing in Bonheur Stock
Bonheur financial ratios help investors to determine whether Bonheur 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 Bonheur with respect to the benefits of owning Bonheur security.