BP PLC (Germany) Chance of Future Stock Price Finishing Under 3.79
| BPE Stock | EUR 4.31 0.17 3.79% |
BPE |
BP PLC Target Price Odds to finish below 3.79
The tendency of BPE 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 € 3.79 or more in 90 days |
| 4.31 | 90 days | 3.79 | near 1 |
Based on a normal probability distribution, the odds of BP PLC to drop to € 3.79 or more in 90 days from now is near 1 (This BP PLC DZ1 probability density function shows the probability of BPE Stock to fall within a particular range of prices over 90 days) . Probability of BP PLC DZ1 price to stay between € 3.79 and its current price of €4.31 at the end of the 90-day period is roughly 2.03 .
Assuming the 90 days horizon BP PLC DZ1 has a beta of -0.39 suggesting as returns on the benchmark increase, returns on holding BP PLC are expected to decrease at a much lower rate. During a bear market, however, BP PLC DZ1 is likely to outperform the market. Additionally BP PLC DZ1 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. BP PLC Price Density |
| Price |
Predictive Modules for BP PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BP PLC DZ1. 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.BP PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BP PLC is not an exception. The market had few large corrections towards the BP PLC'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 BP PLC DZ1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BP PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.13 |
BP PLC 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 BP PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BP PLC DZ1 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BP PLC DZ1 generated a negative expected return over the last 90 days | |
| BP PLC DZ1 has high likelihood to experience some financial distress in the next 2 years | |
| BP PLC DZ1 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
BP PLC Technical Analysis
BP PLC's future price can be derived by breaking down and analyzing its technical indicators over time. BPE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BP PLC DZ1. In general, you should focus on analyzing BPE Stock price patterns and their correlations with different microeconomic environments and drivers.
BP PLC Predictive Forecast Models
BP PLC's time-series forecasting models is one of many BP PLC'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 BP PLC'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 BP PLC DZ1
Checking the ongoing alerts about BP PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BP PLC DZ1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BP PLC DZ1 generated a negative expected return over the last 90 days | |
| BP PLC DZ1 has high likelihood to experience some financial distress in the next 2 years | |
| BP PLC DZ1 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in BPE Stock
BP PLC financial ratios help investors to determine whether BPE 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 BPE with respect to the benefits of owning BP PLC security.