Baker Hughes Co Stock Probability of Future Stock Price Finishing Under 33.5
| BKR Stock | USD 32.09 0.54 1.65% |
Closest to current price Baker long CALL Option Payoff at Expiration
Baker |
Baker Hughes Target Price Odds to finish below 33.5
The tendency of Baker 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 stay under $ 33.50 after 90 days |
| 32.09 | 90 days | 33.50 | about 83.99 |
Based on a normal probability distribution, the odds of Baker Hughes to stay under $ 33.50 after 90 days from now is about 83.99 (This Baker Hughes Co probability density function shows the probability of Baker Stock to fall within a particular range of prices over 90 days) . Probability of Baker Hughes price to stay between its current price of $ 32.09 and $ 33.50 at the end of the 90-day period is about 28.15 .
Considering the 90-day investment horizon Baker Hughes has a beta of 0.95 suggesting Baker Hughes Co market returns are sensible to returns on the market. As the market goes up or down, Baker Hughes is expected to follow. Additionally Baker Hughes Co has an alpha of 0.1154, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Baker Hughes Price Density |
| Price |
Predictive Modules for Baker Hughes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baker Hughes. 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 Baker Hughes' 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.
Baker Hughes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baker Hughes is not an exception. The market had few large corrections towards the Baker Hughes' 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 Baker Hughes Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baker Hughes within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | 0.09 |
Baker Hughes 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 Baker Hughes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baker Hughes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baker Hughes is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of May 2024 Baker Hughes paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from aol.com: CTECH wraps up second year, sends students into workforce |
Baker Hughes 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 Baker Stock often depends not only on the future outlook of the current and potential Baker Hughes' 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. Baker Hughes' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B | |
| Cash And Short Term Investments | 2.6 B |
Baker Hughes Technical Analysis
Baker Hughes' future price can be derived by breaking down and analyzing its technical indicators over time. Baker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baker Hughes Co. In general, you should focus on analyzing Baker Stock price patterns and their correlations with different microeconomic environments and drivers.
Baker Hughes Predictive Forecast Models
Baker Hughes' time-series forecasting models is one of many Baker Hughes' 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 Baker Hughes' 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 Baker Hughes
Checking the ongoing alerts about Baker Hughes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baker Hughes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baker Hughes is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of May 2024 Baker Hughes paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from aol.com: CTECH wraps up second year, sends students into workforce |
Check out Baker Hughes Backtesting, Baker Hughes Valuation, Baker Hughes Correlation, Baker Hughes Hype Analysis, Baker Hughes Volatility, Baker Hughes History as well as Baker Hughes Performance. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Baker Stock analysis
When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' 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 Baker Hughes. If investors know Baker 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 Baker Hughes 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 (0.21) | Dividend Share 0.8 | Earnings Share 1.79 | Revenue Per Share 26.078 | Quarterly Revenue Growth 0.123 |
The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' 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 Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' 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 Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' 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.