Becton Dickinson (Germany) Probability of Future Stock Price Finishing Over 210.6
| BOX Stock | EUR 211.20 0.60 0.28% |
Becton |
Becton Dickinson Target Price Odds to finish over 210.6
The tendency of Becton 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 € 210.60 in 90 days |
| 211.20 | 90 days | 210.60 | about 86.41 |
Based on a normal probability distribution, the odds of Becton Dickinson to stay above € 210.60 in 90 days from now is about 86.41 (This Becton Dickinson and probability density function shows the probability of Becton Stock to fall within a particular range of prices over 90 days) . Probability of Becton Dickinson price to stay between € 210.60 and its current price of €211.2 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Becton Dickinson has a beta of 0.62 suggesting as returns on the market go up, Becton Dickinson average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Becton Dickinson and will be expected to be much smaller as well. Additionally Becton Dickinson 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. Becton Dickinson Price Density |
| Price |
Predictive Modules for Becton Dickinson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Becton Dickinson. 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.Becton Dickinson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Becton Dickinson is not an exception. The market had few large corrections towards the Becton Dickinson'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 Becton Dickinson and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Becton Dickinson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 4.35 | |
Ir | Information ratio | -0.1 |
Becton Dickinson 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 Becton Dickinson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Becton Dickinson can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Becton Dickinson generated a negative expected return over the last 90 days | |
| Becton Dickinson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Becton Dickinson and has accumulated 13.89 B in total debt with debt to equity ratio (D/E) of 96.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Becton Dickinson has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Becton Dickinson until it has trouble settling it off, either with new capital or with free cash flow. So, Becton Dickinson's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Becton Dickinson sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Becton to invest in growth at high rates of return. When we think about Becton Dickinson's use of debt, we should always consider it together with cash and equity. | |
| Over 90.0% of Becton Dickinson shares are held by institutions such as insurance companies |
Becton Dickinson 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 Becton Stock often depends not only on the future outlook of the current and potential Becton Dickinson'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. Becton Dickinson's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 285.2 M |
Becton Dickinson Technical Analysis
Becton Dickinson's future price can be derived by breaking down and analyzing its technical indicators over time. Becton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Becton Dickinson and. In general, you should focus on analyzing Becton Stock price patterns and their correlations with different microeconomic environments and drivers.
Becton Dickinson Predictive Forecast Models
Becton Dickinson's time-series forecasting models is one of many Becton Dickinson'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 Becton Dickinson'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 Becton Dickinson
Checking the ongoing alerts about Becton Dickinson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Becton Dickinson help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Becton Dickinson generated a negative expected return over the last 90 days | |
| Becton Dickinson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Becton Dickinson and has accumulated 13.89 B in total debt with debt to equity ratio (D/E) of 96.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Becton Dickinson has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Becton Dickinson until it has trouble settling it off, either with new capital or with free cash flow. So, Becton Dickinson's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Becton Dickinson sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Becton to invest in growth at high rates of return. When we think about Becton Dickinson's use of debt, we should always consider it together with cash and equity. | |
| Over 90.0% of Becton Dickinson shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Becton Stock
When determining whether Becton Dickinson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock:Check out Becton Dickinson Backtesting, Becton Dickinson Valuation, Becton Dickinson Correlation, Becton Dickinson Hype Analysis, Becton Dickinson Volatility, Becton Dickinson History as well as Becton Dickinson Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.