Byd Co Ltd Stock Chance of Future Pink Sheet Price Finishing Under 55.04
| BYDDY Stock | USD 67.86 0.23 0.34% |
BYD |
BYD Co Target Price Odds to finish below 55.04
The tendency of BYD Pink Sheet 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 $ 55.04 or more in 90 days |
| 67.86 | 90 days | 55.04 | roughly 2.87 |
Based on a normal probability distribution, the odds of BYD Co to drop to $ 55.04 or more in 90 days from now is roughly 2.87 (This BYD Co Ltd probability density function shows the probability of BYD Pink Sheet to fall within a particular range of prices over 90 days) . Probability of BYD Co price to stay between $ 55.04 and its current price of $67.86 at the end of the 90-day period is about 46.29 .
Assuming the 90 days horizon BYD Co Ltd has a beta of -0.63 suggesting as returns on the benchmark increase, returns on holding BYD Co are expected to decrease at a much lower rate. During a bear market, however, BYD Co Ltd is likely to outperform the market. Additionally BYD Co Ltd has an alpha of 0.3698, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BYD Co Price Density |
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Predictive Modules for BYD Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BYD Co. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 BYD Co's 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.
BYD Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BYD Co is not an exception. The market had few large corrections towards the BYD Co'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 BYD Co Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BYD Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 6.83 | |
Ir | Information ratio | 0.07 |
BYD Co 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 BYD Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BYD Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BYD Co Ltd has accumulated 10.79 B in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. BYD Co has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BYD Co until it has trouble settling it off, either with new capital or with free cash flow. So, BYD Co's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BYD Co sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BYD to invest in growth at high rates of return. When we think about BYD Co's use of debt, we should always consider it together with cash and equity. |
BYD Co 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 BYD Pink Sheet often depends not only on the future outlook of the current and potential BYD Co'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. BYD Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B |
BYD Co Technical Analysis
BYD Co's future price can be derived by breaking down and analyzing its technical indicators over time. BYD Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BYD Co Ltd. In general, you should focus on analyzing BYD Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
BYD Co Predictive Forecast Models
BYD Co's time-series forecasting models is one of many BYD Co's pink sheet 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 BYD Co'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 pink sheet market movement and maximize returns from investment trading.
Things to note about BYD Co
Checking the ongoing alerts about BYD Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BYD Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BYD Co Ltd has accumulated 10.79 B in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. BYD Co has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BYD Co until it has trouble settling it off, either with new capital or with free cash flow. So, BYD Co's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BYD Co sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BYD to invest in growth at high rates of return. When we think about BYD Co's use of debt, we should always consider it together with cash and equity. |
Additional Tools for BYD Pink Sheet Analysis
When running BYD Co's price analysis, check to measure BYD Co'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 BYD Co is operating at the current time. Most of BYD Co's value examination focuses on studying past and present price action to predict the probability of BYD Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD Co's price. Additionally, you may evaluate how the addition of BYD Co to your portfolios can decrease your overall portfolio volatility.