Brown-Forman Corp (Germany) Probability of Future Stock Price Finishing Over 37.76
| BF5B Stock | 37.76 0.75 2.03% |
Brown-Forman |
Brown-Forman Corp Target Price Odds to finish over 37.76
The tendency of Brown-Forman 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 move above the current price in 90 days |
| 37.76 | 90 days | 37.76 | about 92.58 |
Based on a normal probability distribution, the odds of Brown-Forman Corp to move above the current price in 90 days from now is about 92.58 (This Brown Forman Corp probability density function shows the probability of Brown-Forman Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Brown Forman Corp has a beta of -0.36 suggesting as returns on the benchmark increase, returns on holding Brown-Forman Corp are expected to decrease at a much lower rate. During a bear market, however, Brown Forman Corp is likely to outperform the market. Additionally Brown Forman Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Brown-Forman Corp Price Density |
| Price |
Predictive Modules for Brown-Forman Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brown Forman Corp. 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.Brown-Forman Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brown-Forman Corp is not an exception. The market had few large corrections towards the Brown-Forman Corp'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 Brown Forman Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brown-Forman Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | -0.06 |
Brown-Forman Corp 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 Brown-Forman Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brown Forman Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brown Forman Corp is not yet fully synchronised with the market data | |
| Brown Forman Corp generated a negative expected return over the last 90 days |
Brown-Forman Corp 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 Brown-Forman Stock often depends not only on the future outlook of the current and potential Brown-Forman Corp'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. Brown-Forman Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 479 M | |
| Dividends Paid | 831 M | |
| Short Long Term Debt | 250 M |
Brown-Forman Corp Technical Analysis
Brown-Forman Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Brown-Forman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brown Forman Corp. In general, you should focus on analyzing Brown-Forman Stock price patterns and their correlations with different microeconomic environments and drivers.
Brown-Forman Corp Predictive Forecast Models
Brown-Forman Corp's time-series forecasting models is one of many Brown-Forman Corp'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 Brown-Forman Corp'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 Brown Forman Corp
Checking the ongoing alerts about Brown-Forman Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brown Forman Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brown Forman Corp is not yet fully synchronised with the market data | |
| Brown Forman Corp generated a negative expected return over the last 90 days |
Additional Tools for Brown-Forman Stock Analysis
When running Brown-Forman Corp's price analysis, check to measure Brown-Forman Corp'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 Brown-Forman Corp is operating at the current time. Most of Brown-Forman Corp's value examination focuses on studying past and present price action to predict the probability of Brown-Forman Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown-Forman Corp's price. Additionally, you may evaluate how the addition of Brown-Forman Corp to your portfolios can decrease your overall portfolio volatility.