Bird Construction Stock Probability of Future Pink Sheet Price Finishing Over 5.99
| BIRDF Stock | USD 13.22 0.08 0.60% |
Bird |
Bird Construction Target Price Odds to finish over 5.99
The tendency of Bird 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 stay above $ 5.99 in 90 days |
| 13.22 | 90 days | 5.99 | close to 99 |
Based on a normal probability distribution, the odds of Bird Construction to stay above $ 5.99 in 90 days from now is close to 99 (This Bird Construction probability density function shows the probability of Bird Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bird Construction price to stay between $ 5.99 and its current price of $13.22 at the end of the 90-day period is about 69.12 .
Assuming the 90 days horizon Bird Construction has a beta of 0.94 suggesting Bird Construction market returns are reactive to returns on the market. As the market goes up or down, Bird Construction is expected to follow. Additionally Bird Construction has an alpha of 0.3105, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bird Construction Price Density |
| Price |
Predictive Modules for Bird Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bird Construction. 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 Bird Construction'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.
Bird Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bird Construction is not an exception. The market had few large corrections towards the Bird Construction'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 Bird Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bird Construction within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.31 | |
β | Beta against NYSE Composite | 0.94 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | 0.17 |
Bird Construction 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 Bird Pink Sheet often depends not only on the future outlook of the current and potential Bird Construction'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. Bird Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.7 M |
Bird Construction Technical Analysis
Bird Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Bird Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bird Construction. In general, you should focus on analyzing Bird Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bird Construction Predictive Forecast Models
Bird Construction's time-series forecasting models is one of many Bird Construction'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 Bird Construction'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bird Construction in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bird Construction's short interest history, or implied volatility extrapolated from Bird Construction options trading.
Check out Bird Construction Backtesting, Bird Construction Valuation, Bird Construction Correlation, Bird Construction Hype Analysis, Bird Construction Volatility, Bird Construction History as well as Bird Construction Performance. Note that the Bird Construction information on this page should be used as a complementary analysis to other Bird Construction'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Bird Pink Sheet analysis
When running Bird Construction's price analysis, check to measure Bird Construction'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 Bird Construction is operating at the current time. Most of Bird Construction's value examination focuses on studying past and present price action to predict the probability of Bird Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bird Construction's price. Additionally, you may evaluate how the addition of Bird Construction to your portfolios can decrease your overall portfolio volatility.
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