Bank Of Cyprus Stock Probability of Future Pink Sheet Price Finishing Under 5.43
| BKCYF Stock | USD 4.53 0.27 5.62% |
Bank |
Bank Of Cyprus Target Price Odds to finish below 5.43
The tendency of Bank Pink Sheet 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 stay under $ 5.43 after 90 days |
| 4.53 | 90 days | 5.43 | close to 99 |
Based on a normal probability distribution, the odds of Bank Of Cyprus to stay under $ 5.43 after 90 days from now is close to 99 (This Bank Of Cyprus probability density function shows the probability of Bank Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bank Of Cyprus price to stay between its current price of $ 4.53 and $ 5.43 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Bank Of Cyprus has a beta of 0.36 suggesting as returns on the market go up, Bank Of Cyprus average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank Of Cyprus will be expected to be much smaller as well. Additionally Bank Of Cyprus 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. Bank Of Cyprus Price Density |
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Predictive Modules for Bank Of Cyprus
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 Cyprus. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Bank Of Cyprus' 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.
Bank Of Cyprus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank Of Cyprus is not an exception. The market had few large corrections towards the Bank Of Cyprus' 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 Cyprus, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank Of Cyprus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.16 |
Bank Of Cyprus 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 Cyprus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank Of Cyprus 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 Cyprus generated a negative expected return over the last 90 days | |
| About 19.0% of the company shares are held by company insiders |
Bank Of Cyprus 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 Pink Sheet often depends not only on the future outlook of the current and potential Bank Of Cyprus' 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 Cyprus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 446.1 M |
Bank Of Cyprus Technical Analysis
Bank Of Cyprus' future price can be derived by breaking down and analyzing its technical indicators over time. Bank Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank Of Cyprus. In general, you should focus on analyzing Bank Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bank Of Cyprus Predictive Forecast Models
Bank Of Cyprus' time-series forecasting models is one of many Bank Of Cyprus' pink sheet 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 Cyprus' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Bank Of Cyprus
Checking the ongoing alerts about Bank Of Cyprus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank Of Cyprus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank Of Cyprus generated a negative expected return over the last 90 days | |
| About 19.0% of the company shares are held by company insiders |
Other Information on Investing in Bank Pink Sheet
Bank Of Cyprus financial ratios help investors to determine whether Bank Pink Sheet 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 Bank with respect to the benefits of owning Bank Of Cyprus security.