Bakkt Holdings Stock Probability of Future Stock Price Finishing Under 18.92
| BKKT Stock | USD 27.71 2.31 9.09% |
Bakkt |
Bakkt Holdings Target Price Odds to finish below 18.92
The tendency of Bakkt 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 $ 18.92 or more in 90 days |
| 27.71 | 90 days | 18.92 | about 71.2 |
Based on a normal probability distribution, the odds of Bakkt Holdings to drop to $ 18.92 or more in 90 days from now is about 71.2 (This Bakkt Holdings probability density function shows the probability of Bakkt Stock to fall within a particular range of prices over 90 days) . Probability of Bakkt Holdings price to stay between $ 18.92 and its current price of $27.71 at the end of the 90-day period is about 24.77 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.16 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bakkt Holdings will likely underperform. In addition to that Bakkt Holdings has an alpha of 2.0959, implying that it can generate a 2.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bakkt Holdings Price Density |
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Predictive Modules for Bakkt Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bakkt Holdings. 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.Bakkt Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bakkt Holdings is not an exception. The market had few large corrections towards the Bakkt Holdings' 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 Bakkt Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bakkt Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.10 | |
β | Beta against Dow Jones | 2.16 | |
σ | Overall volatility | 7.36 | |
Ir | Information ratio | 0.11 |
Bakkt Holdings 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 Bakkt Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bakkt Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bakkt Holdings is way too risky over 90 days horizon | |
| Bakkt Holdings appears to be risky and price may revert if volatility continues | |
| Bakkt Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 780.14 M. Net Loss for the year was (74.85 M) with loss before overhead, payroll, taxes, and interest of (113.04 M). | |
| Bakkt Holdings currently holds about 273.72 M in cash with (60.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.48. | |
| Bakkt Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Bakkt Holdings Inc Shares Gap Down to 24.26 on Dec 3 |
Bakkt Holdings 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 Bakkt Stock often depends not only on the future outlook of the current and potential Bakkt Holdings' 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. Bakkt Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.6 M | |
| Cash And Short Term Investments | 70.3 M |
Bakkt Holdings Technical Analysis
Bakkt Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Bakkt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bakkt Holdings. In general, you should focus on analyzing Bakkt Stock price patterns and their correlations with different microeconomic environments and drivers.
Bakkt Holdings Predictive Forecast Models
Bakkt Holdings' time-series forecasting models is one of many Bakkt Holdings' 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 Bakkt Holdings' 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 Bakkt Holdings
Checking the ongoing alerts about Bakkt Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bakkt Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bakkt Holdings is way too risky over 90 days horizon | |
| Bakkt Holdings appears to be risky and price may revert if volatility continues | |
| Bakkt Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 780.14 M. Net Loss for the year was (74.85 M) with loss before overhead, payroll, taxes, and interest of (113.04 M). | |
| Bakkt Holdings currently holds about 273.72 M in cash with (60.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.48. | |
| Bakkt Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Bakkt Holdings Inc Shares Gap Down to 24.26 on Dec 3 |
Additional Tools for Bakkt Stock Analysis
When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.