Boston Scientific (Brazil) Probability of Future Stock Price Finishing Under 542.19
| B1SX34 Stock | BRL 563.16 0.30 0.05% |
Boston |
Boston Scientific Target Price Odds to finish below 542.19
The tendency of Boston 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 R$ 542.19 or more in 90 days |
| 563.16 | 90 days | 542.19 | about 85.0 |
Based on a normal probability distribution, the odds of Boston Scientific to drop to R$ 542.19 or more in 90 days from now is about 85.0 (This Boston Scientific probability density function shows the probability of Boston Stock to fall within a particular range of prices over 90 days) . Probability of Boston Scientific price to stay between R$ 542.19 and its current price of R$563.16 at the end of the 90-day period is about 10.12 .
Assuming the 90 days trading horizon Boston Scientific has a beta of 0.18 suggesting as returns on the market go up, Boston Scientific average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Boston Scientific will be expected to be much smaller as well. Additionally Boston Scientific has an alpha of 0.28, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Boston Scientific Price Density |
| Price |
Predictive Modules for Boston Scientific
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boston Scientific. 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.Boston Scientific Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boston Scientific is not an exception. The market had few large corrections towards the Boston Scientific'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 Boston Scientific, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boston Scientific within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 33.44 | |
Ir | Information ratio | 0.23 |
Boston Scientific 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 Boston Stock often depends not only on the future outlook of the current and potential Boston Scientific'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. Boston Scientific's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
Boston Scientific Technical Analysis
Boston Scientific's future price can be derived by breaking down and analyzing its technical indicators over time. Boston Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boston Scientific. In general, you should focus on analyzing Boston Stock price patterns and their correlations with different microeconomic environments and drivers.
Boston Scientific Predictive Forecast Models
Boston Scientific's time-series forecasting models is one of many Boston Scientific'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 Boston Scientific'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.
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 Boston Scientific 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, Boston Scientific's short interest history, or implied volatility extrapolated from Boston Scientific options trading.
Other Information on Investing in Boston Stock
Boston Scientific financial ratios help investors to determine whether Boston Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boston with respect to the benefits of owning Boston Scientific security.