Basic Energy (Philippines) Probability of Future Stock Price Finishing Under 0.01
| BSC Stock | 0.13 0.01 8.33% |
Basic |
Basic Energy Target Price Odds to finish below 0.01
The tendency of Basic 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 0.01 or more in 90 days |
| 0.13 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Basic Energy to drop to 0.01 or more in 90 days from now is near 1 (This Basic Energy Corp probability density function shows the probability of Basic Stock to fall within a particular range of prices over 90 days) . Probability of Basic Energy Corp price to stay between 0.01 and its current price of 0.13 at the end of the 90-day period is roughly 2.54 .
Assuming the 90 days trading horizon Basic Energy Corp has a beta of -0.0581 suggesting as returns on the benchmark increase, returns on holding Basic Energy are expected to decrease at a much lower rate. During a bear market, however, Basic Energy Corp is likely to outperform the market. Additionally Basic Energy Corp 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. Basic Energy Price Density |
| Price |
Predictive Modules for Basic 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 Basic Energy Corp. 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.Basic Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Basic Energy is not an exception. The market had few large corrections towards the Basic 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 Basic Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Basic Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.11 |
Basic 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 Basic Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Basic Energy Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Basic Energy Corp generated a negative expected return over the last 90 days | |
| Basic Energy Corp has some characteristics of a very speculative penny stock | |
| Basic Energy Corp has high likelihood to experience some financial distress in the next 2 years |
Basic 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 Basic Stock often depends not only on the future outlook of the current and potential Basic 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. Basic Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 B | |
| Cash And Short Term Investments | 1.8 B |
Basic Energy Technical Analysis
Basic Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Basic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Basic Energy Corp. In general, you should focus on analyzing Basic Stock price patterns and their correlations with different microeconomic environments and drivers.
Basic Energy Predictive Forecast Models
Basic Energy's time-series forecasting models is one of many Basic 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 Basic 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 Basic Energy Corp
Checking the ongoing alerts about Basic Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Basic Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Basic Energy Corp generated a negative expected return over the last 90 days | |
| Basic Energy Corp has some characteristics of a very speculative penny stock | |
| Basic Energy Corp has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in Basic Stock
Basic Energy financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Energy security.