Bidvest (South Africa) Odds of Future Stock Price Finishing Over 27609.00
| BVT Stock | 27,609 55.00 0.20% |
Bidvest |
Bidvest Target Price Odds to finish over 27609.00
The tendency of Bidvest 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 above the current price in 90 days |
| 27,609 | 90 days | 27,609 | about 80.05 |
Based on a normal probability distribution, the odds of Bidvest to move above the current price in 90 days from now is about 80.05 (This Bidvest Group probability density function shows the probability of Bidvest Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Bidvest Group has a beta of -0.0691 suggesting as returns on the benchmark increase, returns on holding Bidvest are expected to decrease at a much lower rate. During a bear market, however, Bidvest Group is likely to outperform the market. Additionally Bidvest Group 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. Bidvest Price Density |
| Price |
Predictive Modules for Bidvest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bidvest Group. 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.Bidvest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bidvest is not an exception. The market had few large corrections towards the Bidvest'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 Bidvest Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bidvest within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 555.50 | |
Ir | Information ratio | -0.15 |
Bidvest 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 Bidvest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bidvest Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bidvest Group generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are held by institutions such as insurance companies |
Bidvest 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 Bidvest Stock often depends not only on the future outlook of the current and potential Bidvest'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. Bidvest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 340.1 M | |
| Cash And Short Term Investments | 11.1 B |
Bidvest Technical Analysis
Bidvest's future price can be derived by breaking down and analyzing its technical indicators over time. Bidvest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bidvest Group. In general, you should focus on analyzing Bidvest Stock price patterns and their correlations with different microeconomic environments and drivers.
Bidvest Predictive Forecast Models
Bidvest's time-series forecasting models is one of many Bidvest'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 Bidvest'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 Bidvest Group
Checking the ongoing alerts about Bidvest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bidvest Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bidvest Group generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Bidvest Stock
Bidvest financial ratios help investors to determine whether Bidvest 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 Bidvest with respect to the benefits of owning Bidvest security.