Basler Kantonalbank (Switzerland) Probability of Future Stock Price Finishing Under 66.4
| BSKP Stock | CHF 66.40 0.20 0.30% |
Basler |
Basler Kantonalbank Target Price Odds to finish below 66.4
The tendency of Basler 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 below current price in 90 days |
| 66.40 | 90 days | 66.40 | about 80.05 |
Based on a normal probability distribution, the odds of Basler Kantonalbank to move below current price in 90 days from now is about 80.05 (This Basler Kantonalbank probability density function shows the probability of Basler Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Basler Kantonalbank has a beta of -0.0619 suggesting as returns on the benchmark increase, returns on holding Basler Kantonalbank are expected to decrease at a much lower rate. During a bear market, however, Basler Kantonalbank is likely to outperform the market. Additionally Basler Kantonalbank has an alpha of 0.0085, implying that it can generate a 0.008547 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Basler Kantonalbank Price Density |
| Price |
Predictive Modules for Basler Kantonalbank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basler Kantonalbank. 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.Basler Kantonalbank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Basler Kantonalbank is not an exception. The market had few large corrections towards the Basler Kantonalbank'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 Basler Kantonalbank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Basler Kantonalbank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.19 |
Basler Kantonalbank 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 Basler Kantonalbank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Basler Kantonalbank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Basler Kantonalbank has accumulated about 9.92 B in cash with (4.06 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 238.17. |
Basler Kantonalbank 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 Basler Stock often depends not only on the future outlook of the current and potential Basler Kantonalbank'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. Basler Kantonalbank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 M | |
| Cash And Short Term Investments | 10.4 B |
Basler Kantonalbank Technical Analysis
Basler Kantonalbank's future price can be derived by breaking down and analyzing its technical indicators over time. Basler Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Basler Kantonalbank. In general, you should focus on analyzing Basler Stock price patterns and their correlations with different microeconomic environments and drivers.
Basler Kantonalbank Predictive Forecast Models
Basler Kantonalbank's time-series forecasting models is one of many Basler Kantonalbank'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 Basler Kantonalbank'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 Basler Kantonalbank
Checking the ongoing alerts about Basler Kantonalbank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Basler Kantonalbank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Basler Kantonalbank has accumulated about 9.92 B in cash with (4.06 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 238.17. |
Additional Tools for Basler Stock Analysis
When running Basler Kantonalbank's price analysis, check to measure Basler Kantonalbank'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 Basler Kantonalbank is operating at the current time. Most of Basler Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Basler Kantonalbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basler Kantonalbank's price. Additionally, you may evaluate how the addition of Basler Kantonalbank to your portfolios can decrease your overall portfolio volatility.