Box Inc Stock Chance of Future Stock Price Finishing Under 16.78
BOX Stock | USD 26.47 0.22 0.84% |
Closest to current price Box long CALL Option Payoff at Expiration
Box |
Box Target Price Odds to finish below 16.78
The tendency of Box 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 $ 16.78 or more in 90 days |
26.47 | 90 days | 16.78 | near 1 |
Based on a normal probability distribution, the odds of Box to drop to $ 16.78 or more in 90 days from now is near 1 (This Box Inc probability density function shows the probability of Box Stock to fall within a particular range of prices over 90 days) . Probability of Box Inc price to stay between $ 16.78 and its current price of $26.47 at the end of the 90-day period is about 30.57 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.26 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, Box will likely underperform. Additionally Box Inc has an alpha of 0.0029, implying that it can generate a 0.002948 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Box Price Density |
Price |
Predictive Modules for Box
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Box Inc. 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 Box'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.
Box Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Box is not an exception. The market had few large corrections towards the Box'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 Box Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Box within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | 1.26 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.01 |
Box 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 Box for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Box Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Box Inc is unlikely to experience financial distress in the next 2 years | |
Box Inc has a strong financial position based on the latest SEC filings | |
Over 88.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from globenewswire.com: Businesses Increasingly Searching for AI Influencers and Trademark Attorneys, According to Fiverrs Latest Business Trends Index |
Box 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 Box Stock often depends not only on the future outlook of the current and potential Box'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. Box's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 148.6 M | |
Cash And Short Term Investments | 481.2 M |
Box Technical Analysis
Box's future price can be derived by breaking down and analyzing its technical indicators over time. Box Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Box Inc. In general, you should focus on analyzing Box Stock price patterns and their correlations with different microeconomic environments and drivers.
Box Predictive Forecast Models
Box's time-series forecasting models is one of many Box'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 Box'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 Box Inc
Checking the ongoing alerts about Box for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Box Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Box Inc is unlikely to experience financial distress in the next 2 years | |
Box Inc has a strong financial position based on the latest SEC filings | |
Over 88.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from globenewswire.com: Businesses Increasingly Searching for AI Influencers and Trademark Attorneys, According to Fiverrs Latest Business Trends Index |
Check out Box Backtesting, Box Valuation, Box Correlation, Box Hype Analysis, Box Volatility, Box History as well as Box Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Box Stock analysis
When running Box's price analysis, check to measure Box'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 Box is operating at the current time. Most of Box's value examination focuses on studying past and present price action to predict the probability of Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Box's price. Additionally, you may evaluate how the addition of Box to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is Box'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 Box. If investors know Box 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 Box 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 4.493 | Earnings Share 0.67 | Revenue Per Share 7.196 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0259 |
The market value of Box Inc is measured differently than its book value, which is the value of Box that is recorded on the company's balance sheet. Investors also form their own opinion of Box's value that differs from its market value or its book value, called intrinsic value, which is Box'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 Box's market value can be influenced by many factors that don't directly affect Box'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 Box's value and its price as these two are different measures arrived at by different means. Investors typically determine if Box is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Box'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.