Bitdeer Technologies Group Stock Probability of Future Stock Price Finishing Under 6.91
| BTDR Stock | 19.38 0.48 2.54% |
Bitdeer |
Bitdeer Technologies Target Price Odds to finish below 6.91
The tendency of Bitdeer 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 6.91 or more in 90 days |
| 19.38 | 90 days | 6.91 | about 22.48 |
Based on a normal probability distribution, the odds of Bitdeer Technologies to drop to 6.91 or more in 90 days from now is about 22.48 (This Bitdeer Technologies Group probability density function shows the probability of Bitdeer Stock to fall within a particular range of prices over 90 days) . Probability of Bitdeer Technologies price to stay between 6.91 and its current price of 19.38 at the end of the 90-day period is about 77.28 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.63 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitdeer Technologies will likely underperform. Moreover Bitdeer Technologies Group has an alpha of 1.6688, implying that it can generate a 1.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitdeer Technologies Price Density |
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Predictive Modules for Bitdeer Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitdeer Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitdeer Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bitdeer Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitdeer Technologies is not an exception. The market had few large corrections towards the Bitdeer Technologies' 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 Bitdeer Technologies Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitdeer Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.67 | |
β | Beta against Dow Jones | 3.63 | |
σ | Overall volatility | 3.42 | |
Ir | Information ratio | 0.26 |
Bitdeer Technologies 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 Bitdeer Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitdeer Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitdeer Technologies is way too risky over 90 days horizon | |
| Bitdeer Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 368.55 M. Net Loss for the year was (56.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bitdeer Technologies generates negative cash flow from operations | |
| Bitdeer Technologies has a frail financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from benzinga.com: Bitdeer Technologies Group Overcame Short-Term Challenges In Q3, Setting Its Sights On The Long Game |
Bitdeer Technologies 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 Bitdeer Stock often depends not only on the future outlook of the current and potential Bitdeer Technologies' 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. Bitdeer Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.5 M | |
| Cash And Short Term Investments | 144.7 M |
Bitdeer Technologies Technical Analysis
Bitdeer Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Bitdeer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitdeer Technologies Group. In general, you should focus on analyzing Bitdeer Stock price patterns and their correlations with different microeconomic environments and drivers.
Bitdeer Technologies Predictive Forecast Models
Bitdeer Technologies' time-series forecasting models is one of many Bitdeer Technologies' 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 Bitdeer Technologies' 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 Bitdeer Technologies
Checking the ongoing alerts about Bitdeer Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitdeer Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitdeer Technologies is way too risky over 90 days horizon | |
| Bitdeer Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 368.55 M. Net Loss for the year was (56.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bitdeer Technologies generates negative cash flow from operations | |
| Bitdeer Technologies has a frail financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from benzinga.com: Bitdeer Technologies Group Overcame Short-Term Challenges In Q3, Setting Its Sights On The Long Game |
Additional Tools for Bitdeer Stock Analysis
When running Bitdeer Technologies' price analysis, check to measure Bitdeer Technologies' 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 Bitdeer Technologies is operating at the current time. Most of Bitdeer Technologies' value examination focuses on studying past and present price action to predict the probability of Bitdeer Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitdeer Technologies' price. Additionally, you may evaluate how the addition of Bitdeer Technologies to your portfolios can decrease your overall portfolio volatility.