Bp Plc Adr Stock Chance of Future Stock Price Finishing Over 40.77
| BP Stock | USD 39.44 0.21 0.53% |
Closest to current price BP PLC long CALL Option Payoff at Expiration
BP PLC |
BP PLC Target Price Odds to finish over 40.77
The tendency of BP PLC 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 over $ 40.77 or more in 90 days |
| 39.44 | 90 days | 40.77 | near 1 |
Based on a normal probability distribution, the odds of BP PLC to move over $ 40.77 or more in 90 days from now is near 1 (This BP PLC ADR probability density function shows the probability of BP PLC Stock to fall within a particular range of prices over 90 days) . Probability of BP PLC ADR price to stay between its current price of $ 39.44 and $ 40.77 at the end of the 90-day period is roughly 2.4 .
Allowing for the 90-day total investment horizon BP PLC ADR has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding BP PLC are expected to decrease at a much lower rate. During a bear market, however, BP PLC ADR is likely to outperform the market. Additionally BP PLC ADR has an alpha of 0.2116, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). BP PLC Price Density |
| Price |
Predictive Modules for BP PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BP PLC ADR. 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 BP PLC'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.
BP PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BP PLC is not an exception. The market had few large corrections towards the BP PLC'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 BP PLC ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BP PLC within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.21 | |
β | Beta against NYSE Composite | -0.2 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | 0.13 |
BP PLC 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 BP PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BP PLC ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 28th of March 2024 BP PLC paid $ 0.4362 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Big Oil vs. Big Tech Heres the Winning Trade Right Now - The Globe and Mail |
BP PLC 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 BP PLC Stock often depends not only on the future outlook of the current and potential BP PLC'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. BP PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 B | |
| Cash And Short Term Investments | 33.9 B |
BP PLC Technical Analysis
BP PLC's future price can be derived by breaking down and analyzing its technical indicators over time. BP PLC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BP PLC ADR. In general, you should focus on analyzing BP PLC Stock price patterns and their correlations with different microeconomic environments and drivers.
BP PLC Predictive Forecast Models
BP PLC's time-series forecasting models is one of many BP PLC'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 BP PLC'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 BP PLC ADR
Checking the ongoing alerts about BP PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BP PLC ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 28th of March 2024 BP PLC paid $ 0.4362 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Big Oil vs. Big Tech Heres the Winning Trade Right Now - The Globe and Mail |
Check out BP PLC Backtesting, BP PLC Valuation, BP PLC Correlation, BP PLC Hype Analysis, BP PLC Volatility, BP PLC History as well as BP PLC Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for BP PLC Stock analysis
When running BP PLC's price analysis, check to measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.
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Is BP PLC'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 BP PLC. If investors know BP PLC 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 BP PLC 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 (0.96) | Dividend Share 0.284 | Earnings Share 5.15 | Revenue Per Share 18.003 | Quarterly Revenue Growth (0.25) |
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC'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 BP PLC's market value can be influenced by many factors that don't directly affect BP PLC'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 BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC'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.