Baird Medical Investment Stock Probability of Future Stock Price Finishing Under 0.0647
| BDMDW Stock | 0.09 0.03 24.92% |
Baird |
Baird Medical Target Price Odds to finish below 0.0647
The tendency of Baird 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 0.06 or more in 90 days |
| 0.09 | 90 days | 0.06 | about 63.53 |
Based on a normal probability distribution, the odds of Baird Medical to drop to 0.06 or more in 90 days from now is about 63.53 (This Baird Medical Investment probability density function shows the probability of Baird Stock to fall within a particular range of prices over 90 days) . Probability of Baird Medical Investment price to stay between 0.06 and its current price of 0.0901 at the end of the 90-day period is about 20.12 .
Assuming the 90 days horizon Baird Medical Investment has a beta of -2.65 suggesting as returns on its benchmark rise, returns on holding Baird Medical Investment are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Baird Medical is expected to outperform its benchmark. In addition to that Baird Medical Investment has an alpha of 10.1879, implying that it can generate a 10.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Baird Medical Price Density |
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Predictive Modules for Baird Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baird Medical Investment. 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 Baird Medical'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.
Baird Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baird Medical is not an exception. The market had few large corrections towards the Baird Medical'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 Baird Medical Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baird Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 10.19 | |
β | Beta against Dow Jones | -2.65 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.14 |
Baird Medical 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 Baird Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baird Medical Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baird Medical is way too risky over 90 days horizon | |
| Baird Medical has some characteristics of a very speculative penny stock | |
| Baird Medical appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Haimei Wu Baird Medical Investment Holdings Limiteds CEO is the most bullish insider, and their stock value gained 327last week - Simply Wall St |
Baird Medical Technical Analysis
Baird Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Baird Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baird Medical Investment. In general, you should focus on analyzing Baird Stock price patterns and their correlations with different microeconomic environments and drivers.
Baird Medical Predictive Forecast Models
Baird Medical's time-series forecasting models is one of many Baird Medical'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 Baird Medical'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 Baird Medical Investment
Checking the ongoing alerts about Baird Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baird Medical Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baird Medical is way too risky over 90 days horizon | |
| Baird Medical has some characteristics of a very speculative penny stock | |
| Baird Medical appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Haimei Wu Baird Medical Investment Holdings Limiteds CEO is the most bullish insider, and their stock value gained 327last week - Simply Wall St |
Additional Tools for Baird Stock Analysis
When running Baird Medical's price analysis, check to measure Baird Medical'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 Baird Medical is operating at the current time. Most of Baird Medical's value examination focuses on studying past and present price action to predict the probability of Baird Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baird Medical's price. Additionally, you may evaluate how the addition of Baird Medical to your portfolios can decrease your overall portfolio volatility.