Bank of Ireland Group PLC (UK) Probability of Future Stock Price Finishing Over 11.23
| BIRG Stock | 11.23 0.17 1.54% |
Bank |
Bank of Ireland Group PLC Target Price Odds to finish over 11.23
The tendency of Bank 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 |
| 11.23 | 90 days | 11.23 | near 1 |
Based on a normal probability distribution, the odds of Bank of Ireland Group PLC to move above the current price in 90 days from now is near 1 (This Bank of Ireland probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Bank of Ireland has a beta of -0.0859 suggesting as returns on the benchmark increase, returns on holding Bank of Ireland Group PLC are expected to decrease at a much lower rate. During a bear market, however, Bank of Ireland is likely to outperform the market. Additionally Bank of Ireland has an alpha of 0.427, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bank of Ireland Group PLC Price Density |
| Price |
Predictive Modules for Bank of Ireland Group PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Ireland Group PLC. 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.Bank of Ireland Group PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Ireland Group PLC is not an exception. The market had few large corrections towards the Bank of Ireland Group PLC'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 Bank of Ireland, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Ireland Group PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | 0.24 |
Bank of Ireland Group PLC 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 Bank of Ireland Group PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Ireland Group PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bank of Ireland Group PLC is unlikely to experience financial distress in the next 2 years | |
| About 61.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Bank of Ireland Group plc Appoints Billy Oconnell as Chief Strategy Officer and to Its Group Executive Committee - Marketscreener.com |
Bank of Ireland Group PLC 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 Bank Stock often depends not only on the future outlook of the current and potential Bank of Ireland Group PLC'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. Bank of Ireland Group PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B | |
| Cash And Short Term Investments | 33.5 B |
Bank of Ireland Group PLC Technical Analysis
Bank of Ireland Group PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Ireland. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Ireland Group PLC Predictive Forecast Models
Bank of Ireland Group PLC's time-series forecasting models is one of many Bank of Ireland Group PLC'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 Bank of Ireland Group PLC'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 Bank of Ireland Group PLC
Checking the ongoing alerts about Bank of Ireland Group PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Ireland Group PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of Ireland Group PLC is unlikely to experience financial distress in the next 2 years | |
| About 61.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Bank of Ireland Group plc Appoints Billy Oconnell as Chief Strategy Officer and to Its Group Executive Committee - Marketscreener.com |
Additional Tools for Bank Stock Analysis
When running Bank of Ireland Group PLC's price analysis, check to measure Bank of Ireland Group PLC'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 Bank of Ireland Group PLC is operating at the current time. Most of Bank of Ireland Group PLC's value examination focuses on studying past and present price action to predict the probability of Bank of Ireland Group PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Ireland Group PLC's price. Additionally, you may evaluate how the addition of Bank of Ireland Group PLC to your portfolios can decrease your overall portfolio volatility.