BINHO (Turkey) Chance of Future Stock Price Finishing Over 317.00
| BINHO Stock | 317.00 6.50 2.01% |
BINHO |
BINHO Target Price Odds to finish over 317.00
The tendency of BINHO 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 |
| 317.00 | 90 days | 317.00 | about 32.5 |
Based on a normal probability distribution, the odds of BINHO to move above the current price in 90 days from now is about 32.5 (This BINHO probability density function shows the probability of BINHO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BINHO has a beta of 0.0306 suggesting as returns on the market go up, BINHO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BINHO will be expected to be much smaller as well. Additionally BINHO 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. BINHO Price Density |
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Predictive Modules for BINHO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BINHO. 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.BINHO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BINHO is not an exception. The market had few large corrections towards the BINHO'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 BINHO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BINHO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 20.81 | |
Ir | Information ratio | -0.02 |
BINHO 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 BINHO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BINHO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BINHO had very high historical volatility over the last 90 days |
BINHO Technical Analysis
BINHO's future price can be derived by breaking down and analyzing its technical indicators over time. BINHO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BINHO. In general, you should focus on analyzing BINHO Stock price patterns and their correlations with different microeconomic environments and drivers.
BINHO Predictive Forecast Models
BINHO's time-series forecasting models is one of many BINHO'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 BINHO'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 BINHO
Checking the ongoing alerts about BINHO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BINHO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BINHO had very high historical volatility over the last 90 days |