Bioscience Animal (Thailand) Probability of Future Stock Price Finishing Under 1.13
| BIS Stock | 2.68 0.12 4.29% |
Bioscience |
Bioscience Animal Target Price Odds to finish below 1.13
The tendency of Bioscience 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 1.13 or more in 90 days |
| 2.68 | 90 days | 1.13 | near 1 |
Based on a normal probability distribution, the odds of Bioscience Animal to drop to 1.13 or more in 90 days from now is near 1 (This Bioscience Animal Health probability density function shows the probability of Bioscience Stock to fall within a particular range of prices over 90 days) . Probability of Bioscience Animal Health price to stay between 1.13 and its current price of 2.68 at the end of the 90-day period is about 15.84 .
Assuming the 90 days trading horizon Bioscience Animal has a beta of 0.37 suggesting as returns on the market go up, Bioscience Animal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bioscience Animal Health will be expected to be much smaller as well. Additionally Bioscience Animal Health 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. Bioscience Animal Price Density |
| Price |
Predictive Modules for Bioscience Animal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bioscience Animal Health. 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.Bioscience Animal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bioscience Animal is not an exception. The market had few large corrections towards the Bioscience Animal'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 Bioscience Animal Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bioscience Animal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.06 |
Bioscience Animal 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 Bioscience Animal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bioscience Animal Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bioscience Animal generated a negative expected return over the last 90 days | |
| Bioscience Animal has high historical volatility and very poor performance | |
| About 84.0% of the company shares are held by company insiders |
Bioscience Animal Technical Analysis
Bioscience Animal's future price can be derived by breaking down and analyzing its technical indicators over time. Bioscience Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bioscience Animal Health. In general, you should focus on analyzing Bioscience Stock price patterns and their correlations with different microeconomic environments and drivers.
Bioscience Animal Predictive Forecast Models
Bioscience Animal's time-series forecasting models is one of many Bioscience Animal'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 Bioscience Animal'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 Bioscience Animal Health
Checking the ongoing alerts about Bioscience Animal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bioscience Animal Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bioscience Animal generated a negative expected return over the last 90 days | |
| Bioscience Animal has high historical volatility and very poor performance | |
| About 84.0% of the company shares are held by company insiders |
Other Information on Investing in Bioscience Stock
Bioscience Animal financial ratios help investors to determine whether Bioscience Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bioscience with respect to the benefits of owning Bioscience Animal security.