Bendigo And Adelaide Stock Odds of Future Pink Sheet Price Finishing Under 8.96
| BXRBF Stock | USD 6.30 0.00 0.00% |
Bendigo |
Bendigo Target Price Odds to finish below 8.96
The tendency of Bendigo 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 under $ 8.96 after 90 days |
| 6.30 | 90 days | 8.96 | close to 99 |
Based on a normal probability distribution, the odds of Bendigo to stay under $ 8.96 after 90 days from now is close to 99 (This Bendigo and Adelaide probability density function shows the probability of Bendigo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bendigo and Adelaide price to stay between its current price of $ 6.30 and $ 8.96 at the end of the 90-day period is about 23.75 .
Assuming the 90 days horizon Bendigo has a beta of 0.0358 suggesting as returns on the market go up, Bendigo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bendigo and Adelaide will be expected to be much smaller as well. Additionally Bendigo and Adelaide has an alpha of 0.0574, implying that it can generate a 0.0574 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bendigo Price Density |
| Price |
Predictive Modules for Bendigo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bendigo and Adelaide. 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 Bendigo'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.
Bendigo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bendigo is not an exception. The market had few large corrections towards the Bendigo'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 Bendigo and Adelaide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bendigo within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.04 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.04 |
Bendigo 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 Bendigo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bendigo and Adelaide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bendigo and Adelaide has accumulated about 9 B in cash with (11.62 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.51, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Bendigo 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 Bendigo Pink Sheet often depends not only on the future outlook of the current and potential Bendigo'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. Bendigo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 563.1 M |
Bendigo Technical Analysis
Bendigo's future price can be derived by breaking down and analyzing its technical indicators over time. Bendigo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bendigo and Adelaide. In general, you should focus on analyzing Bendigo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bendigo Predictive Forecast Models
Bendigo's time-series forecasting models is one of many Bendigo'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 Bendigo'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.
Things to note about Bendigo and Adelaide
Checking the ongoing alerts about Bendigo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bendigo and Adelaide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bendigo and Adelaide has accumulated about 9 B in cash with (11.62 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.51, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Bendigo Backtesting, Bendigo Valuation, Bendigo Correlation, Bendigo Hype Analysis, Bendigo Volatility, Bendigo History as well as Bendigo Performance. Note that the Bendigo and Adelaide information on this page should be used as a complementary analysis to other Bendigo'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Bendigo Pink Sheet analysis
When running Bendigo's price analysis, check to measure Bendigo'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 Bendigo is operating at the current time. Most of Bendigo's value examination focuses on studying past and present price action to predict the probability of Bendigo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bendigo's price. Additionally, you may evaluate how the addition of Bendigo to your portfolios can decrease your overall portfolio volatility.
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