Better Home Finance Stock Probability of Future Stock Price Finishing Under 0.0976
| BETRW Stock | 0.08 0.01 13.96% |
Better |
Better Home Target Price Odds to finish below 0.0976
The tendency of Better 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 0.1 after 90 days |
| 0.08 | 90 days | 0.1 | about 55.79 |
Based on a normal probability distribution, the odds of Better Home to stay under 0.1 after 90 days from now is about 55.79 (This Better Home Finance probability density function shows the probability of Better Stock to fall within a particular range of prices over 90 days) . Probability of Better Home Finance price to stay between its current price of 0.08 and 0.1 at the end of the 90-day period is about 29.81 .
Assuming the 90 days horizon Better Home Finance has a beta of -2.47 suggesting as returns on its benchmark rise, returns on holding Better Home Finance are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Better Home is expected to outperform its benchmark. Additionally Better Home Finance has an alpha of 0.9918, implying that it can generate a 0.99 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Better Home Price Density |
| Price |
Predictive Modules for Better Home
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Better Home Finance. 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.Better Home Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Better Home is not an exception. The market had few large corrections towards the Better Home'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 Better Home Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Better Home within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.99 | |
β | Beta against Dow Jones | -2.47 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.03 |
Better Home 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 Better Home for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Better Home Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Better Home Finance is way too risky over 90 days horizon | |
| Better Home Finance has some characteristics of a very speculative penny stock | |
| Better Home Finance appears to be risky and price may revert if volatility continues | |
| Better Home Finance has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 88.5 M. Net Loss for the year was (536.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Better Home generates negative cash flow from operations | |
| Better Home Finance has a frail financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: Better.com Expands Mortgage Offerings for Veterans through VA Interest Rate Reduction Refinance Loan |
Better Home 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 Better Stock often depends not only on the future outlook of the current and potential Better Home'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. Better Home's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 461.7 M | |
| Cash And Short Term Investments | 529.2 M |
Better Home Technical Analysis
Better Home's future price can be derived by breaking down and analyzing its technical indicators over time. Better Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Better Home Finance. In general, you should focus on analyzing Better Stock price patterns and their correlations with different microeconomic environments and drivers.
Better Home Predictive Forecast Models
Better Home's time-series forecasting models is one of many Better Home'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 Better Home'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 Better Home Finance
Checking the ongoing alerts about Better Home for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Better Home Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Better Home Finance is way too risky over 90 days horizon | |
| Better Home Finance has some characteristics of a very speculative penny stock | |
| Better Home Finance appears to be risky and price may revert if volatility continues | |
| Better Home Finance has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 88.5 M. Net Loss for the year was (536.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Better Home generates negative cash flow from operations | |
| Better Home Finance has a frail financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: Better.com Expands Mortgage Offerings for Veterans through VA Interest Rate Reduction Refinance Loan |
Additional Tools for Better Stock Analysis
When running Better Home's price analysis, check to measure Better Home'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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.