Business First Bancshares Stock Probability of Future Stock Price Finishing Under 13.41
| BFST Stock | USD 25.71 0.47 1.80% |
Business |
Business First Target Price Odds to finish below 13.41
The tendency of Business 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 $ 13.41 or more in 90 days |
| 25.71 | 90 days | 13.41 | near 1 |
Based on a normal probability distribution, the odds of Business First to drop to $ 13.41 or more in 90 days from now is near 1 (This Business First Bancshares probability density function shows the probability of Business Stock to fall within a particular range of prices over 90 days) . Probability of Business First Bancshares price to stay between $ 13.41 and its current price of $25.71 at the end of the 90-day period is about 26.92 .
Given the investment horizon of 90 days Business First has a beta of 0.14 suggesting as returns on the market go up, Business First average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Business First Bancshares will be expected to be much smaller as well. Additionally Business First Bancshares has an alpha of 0.0461, implying that it can generate a 0.0461 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Business First Price Density |
| Price |
Predictive Modules for Business First
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Business First Bancshares. 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 Business First'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.
Business First Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Business First is not an exception. The market had few large corrections towards the Business First'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 Business First Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Business First within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | 0.01 |
Business First 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 Business First for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Business First Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Business First has a poor financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Acquisition by Melville David R. Iii of 14966 shares of Business First subject to Rule 16b-3 |
Business First 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 Business Stock often depends not only on the future outlook of the current and potential Business First'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. Business First's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.3 M | |
| Cash And Short Term Investments | 377.2 M |
Business First Technical Analysis
Business First's future price can be derived by breaking down and analyzing its technical indicators over time. Business Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Business First Bancshares. In general, you should focus on analyzing Business Stock price patterns and their correlations with different microeconomic environments and drivers.
Business First Predictive Forecast Models
Business First's time-series forecasting models is one of many Business First'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 Business First'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 Business First Bancshares
Checking the ongoing alerts about Business First for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Business First Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Business First has a poor financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Acquisition by Melville David R. Iii of 14966 shares of Business First subject to Rule 16b-3 |
Additional Tools for Business Stock Analysis
When running Business First's price analysis, check to measure Business First'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 Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.