Becton Dickinson And Stock Probability of Future Stock Price Finishing Under 113.7

BDX Stock  USD 246.53  4.65  1.92%   
Becton Dickinson's implied volatility is one of the determining factors in the pricing options written on Becton Dickinson And. Implied volatility approximates the future value of Becton Dickinson based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Becton Dickinson And over a specific time period. For example, 2024-04-19 CALL at $245.0 is a CALL option contract on Becton Dickinson's common stock with a strick price of 245.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 14:29:46 for $4.7 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $5.1, and an ask price of $5.6. The implied volatility as of the 28th of March is 17.59. View All Becton options

Closest to current price Becton long CALL Option Payoff at Expiration

Becton Dickinson's future price is the expected price of Becton Dickinson instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Becton Dickinson And performance during a given time horizon utilizing its historical volatility. Check out Becton Dickinson Backtesting, Becton Dickinson Valuation, Becton Dickinson Correlation, Becton Dickinson Hype Analysis, Becton Dickinson Volatility, Becton Dickinson History as well as Becton Dickinson Performance.
  
At this time, Becton Dickinson's Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 23.40 in 2024, whereas Price Earnings Ratio is likely to drop 23.21 in 2024. Please specify Becton Dickinson's target price for which you would like Becton Dickinson odds to be computed.

Becton Dickinson Target Price Odds to finish below 113.7

The tendency of Becton 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 PriceHorizonTarget PriceOdds to drop to $ 113.70  or more in 90 days
 246.53 90 days 113.70 
near 1
Based on a normal probability distribution, the odds of Becton Dickinson to drop to $ 113.70  or more in 90 days from now is near 1 (This Becton Dickinson And probability density function shows the probability of Becton Stock to fall within a particular range of prices over 90 days) . Probability of Becton Dickinson And price to stay between $ 113.70  and its current price of $246.53 at the end of the 90-day period is about 98.0 .
Considering the 90-day investment horizon Becton Dickinson has a beta of 0.91 suggesting Becton Dickinson And market returns are sensitive to returns on the market. As the market goes up or down, Becton Dickinson is expected to follow. Additionally Becton Dickinson And has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Becton Dickinson Price Density   
       Price  

Predictive Modules for Becton Dickinson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Becton Dickinson And. 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 Becton Dickinson'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.
Hype
Prediction
LowEstimatedHigh
245.41246.60247.79
Details
Intrinsic
Valuation
LowRealHigh
221.88250.43251.62
Details
Naive
Forecast
LowNextHigh
249.63250.82252.01
Details
17 Analysts
Consensus
LowTargetHigh
274.06301.17334.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Becton Dickinson. Your research has to be compared to or analyzed against Becton Dickinson's peers to derive any actionable benefits. When done correctly, Becton Dickinson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Becton Dickinson And.

Becton Dickinson Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Becton Dickinson is not an exception. The market had few large corrections towards the Becton Dickinson'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 Becton Dickinson And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Becton Dickinson within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.09
β
Beta against NYSE Composite0.91
σ
Overall volatility
3.55
Ir
Information ratio -0.09

Becton Dickinson 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 Becton Dickinson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Becton Dickinson And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Becton Dickinson And has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are held by institutions such as insurance companies
Latest headline from investing.com: BD Named Among Fortunes Most Innovative Companies

Becton Dickinson 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 Becton Stock often depends not only on the future outlook of the current and potential Becton Dickinson'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. Becton Dickinson's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding288.4 M
Cash And Short Term Investments1.4 B

Becton Dickinson Technical Analysis

Becton Dickinson's future price can be derived by breaking down and analyzing its technical indicators over time. Becton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Becton Dickinson And. In general, you should focus on analyzing Becton Stock price patterns and their correlations with different microeconomic environments and drivers.

Becton Dickinson Predictive Forecast Models

Becton Dickinson's time-series forecasting models is one of many Becton Dickinson'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 Becton Dickinson'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 Becton Dickinson And

Checking the ongoing alerts about Becton Dickinson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Becton Dickinson And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Becton Dickinson And has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are held by institutions such as insurance companies
Latest headline from investing.com: BD Named Among Fortunes Most Innovative Companies
When determining whether Becton Dickinson And offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock:
Check out Becton Dickinson Backtesting, Becton Dickinson Valuation, Becton Dickinson Correlation, Becton Dickinson Hype Analysis, Becton Dickinson Volatility, Becton Dickinson History as well as Becton Dickinson Performance.
Note that the Becton Dickinson And information on this page should be used as a complementary analysis to other Becton Dickinson'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Becton Stock analysis

When running Becton Dickinson's price analysis, check to measure Becton Dickinson'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 Becton Dickinson is operating at the current time. Most of Becton Dickinson's value examination focuses on studying past and present price action to predict the probability of Becton Dickinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Becton Dickinson's price. Additionally, you may evaluate how the addition of Becton Dickinson to your portfolios can decrease your overall portfolio volatility.
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Is Becton Dickinson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Becton Dickinson. If investors know Becton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Becton Dickinson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
3.68
Earnings Share
4.35
Revenue Per Share
67.719
Quarterly Revenue Growth
0.026
The market value of Becton Dickinson And is measured differently than its book value, which is the value of Becton that is recorded on the company's balance sheet. Investors also form their own opinion of Becton Dickinson's value that differs from its market value or its book value, called intrinsic value, which is Becton Dickinson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Becton Dickinson's market value can be influenced by many factors that don't directly affect Becton Dickinson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Becton Dickinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.