Bombardier Stock Probability of Future Stock Price Finishing Under 3.97
| BBD-B Stock | CAD 56.95 1.65 2.82% |
Bombardier |
Bombardier Target Price Odds to finish below 3.97
The tendency of Bombardier 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 C$ 3.97 or more in 90 days |
| 56.95 | 90 days | 3.97 | near 1 |
Based on a normal probability distribution, the odds of Bombardier to drop to C$ 3.97 or more in 90 days from now is near 1 (This Bombardier probability density function shows the probability of Bombardier Stock to fall within a particular range of prices over 90 days) . Probability of Bombardier price to stay between C$ 3.97 and its current price of C$56.95 at the end of the 90-day period is about 82.55 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.71 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, Bombardier will likely underperform. Additionally Bombardier has an alpha of 0.0096, implying that it can generate a 0.009584 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bombardier Price Density |
| Price |
Predictive Modules for Bombardier
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bombardier. 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 Bombardier'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.
Bombardier Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bombardier is not an exception. The market had few large corrections towards the Bombardier'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 Bombardier, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bombardier within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 4.05 | |
Ir | Information ratio | 0.01 |
Bombardier 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 Bombardier for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bombardier can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bombardier had very high historical volatility over the last 90 days | |
| The company has accumulated 5.98 B in total debt with debt to equity ratio (D/E) of 6.18, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bombardier has a current ratio of 0.85, 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 Bombardier until it has trouble settling it off, either with new capital or with free cash flow. So, Bombardier'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 Bombardier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bombardier to invest in growth at high rates of return. When we think about Bombardier's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Bombardier, Inc. Class B Price Target Cut to C83.00 by Analysts at Scotiabank - Defense World |
Bombardier 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 Bombardier Stock often depends not only on the future outlook of the current and potential Bombardier'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. Bombardier's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.7 M |
Bombardier Technical Analysis
Bombardier's future price can be derived by breaking down and analyzing its technical indicators over time. Bombardier Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bombardier. In general, you should focus on analyzing Bombardier Stock price patterns and their correlations with different microeconomic environments and drivers.
Bombardier Predictive Forecast Models
Bombardier's time-series forecasting models is one of many Bombardier'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 Bombardier'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 Bombardier
Checking the ongoing alerts about Bombardier for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bombardier help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bombardier had very high historical volatility over the last 90 days | |
| The company has accumulated 5.98 B in total debt with debt to equity ratio (D/E) of 6.18, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bombardier has a current ratio of 0.85, 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 Bombardier until it has trouble settling it off, either with new capital or with free cash flow. So, Bombardier'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 Bombardier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bombardier to invest in growth at high rates of return. When we think about Bombardier's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Bombardier, Inc. Class B Price Target Cut to C83.00 by Analysts at Scotiabank - Defense World |
Check out Bombardier Backtesting, Bombardier Valuation, Bombardier Correlation, Bombardier Hype Analysis, Bombardier Volatility, Bombardier History as well as Bombardier Performance. Note that the Bombardier information on this page should be used as a complementary analysis to other Bombardier's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Bombardier Stock analysis
When running Bombardier's price analysis, check to measure Bombardier'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 Bombardier is operating at the current time. Most of Bombardier's value examination focuses on studying past and present price action to predict the probability of Bombardier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bombardier's price. Additionally, you may evaluate how the addition of Bombardier to your portfolios can decrease your overall portfolio volatility.
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