Baker Hughes Co Stock Probability of Future Stock Price Finishing Over 41.85

BKR Stock  USD 40.80  0.65  1.62%   
Baker Hughes' future price is the expected price of Baker Hughes instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Baker Hughes Co performance during a given time horizon utilizing its historical volatility. Check out Baker Hughes Backtesting, Baker Hughes Valuation, Baker Hughes Correlation, Baker Hughes Hype Analysis, Baker Hughes Volatility, Baker Hughes History as well as Baker Hughes Performance.
  
At this time, Baker Hughes' Price Earnings Ratio is relatively stable compared to the past year. As of 12/24/2024, Price Book Value Ratio is likely to grow to 2.35, though Price Earnings To Growth Ratio is likely to grow to (0.04). Please specify Baker Hughes' target price for which you would like Baker Hughes odds to be computed.

Baker Hughes Target Price Odds to finish over 41.85

The tendency of Baker 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 PriceHorizonTarget PriceOdds to move over $ 41.85  or more in 90 days
 40.80 90 days 41.85 
about 24.77
Based on a normal probability distribution, the odds of Baker Hughes to move over $ 41.85  or more in 90 days from now is about 24.77 (This Baker Hughes Co probability density function shows the probability of Baker Stock to fall within a particular range of prices over 90 days) . Probability of Baker Hughes price to stay between its current price of $ 40.80  and $ 41.85  at the end of the 90-day period is about 11.77 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.17 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, Baker Hughes will likely underperform. Additionally Baker Hughes Co has an alpha of 0.154, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Baker Hughes Price Density   
       Price  

Predictive Modules for Baker Hughes

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baker Hughes. 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.
Hype
Prediction
LowEstimatedHigh
38.1040.1342.16
Details
Intrinsic
Valuation
LowRealHigh
36.1443.2745.30
Details
27 Analysts
Consensus
LowTargetHigh
37.0140.6745.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.560.630.59
Details

Baker Hughes Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Baker Hughes is not an exception. The market had few large corrections towards the Baker Hughes' 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 Baker Hughes Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baker Hughes within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.15
β
Beta against Dow Jones1.17
σ
Overall volatility
3.11
Ir
Information ratio 0.08

Baker Hughes 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 Baker Hughes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baker Hughes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Baker Hughes is unlikely to experience financial distress in the next 2 years
Over 98.0% of the company shares are held by institutions such as insurance companies
On 14th of November 2024 Baker Hughes paid $ 0.21 per share dividend to its current shareholders
Latest headline from aol.com: Tottenhams sliding doors moment which saw them miss out on control and embrace chaos

Baker Hughes 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 Baker Stock often depends not only on the future outlook of the current and potential Baker Hughes' 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. Baker Hughes' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingB
Cash And Short Term Investments2.6 B

Baker Hughes Technical Analysis

Baker Hughes' future price can be derived by breaking down and analyzing its technical indicators over time. Baker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baker Hughes Co. In general, you should focus on analyzing Baker Stock price patterns and their correlations with different microeconomic environments and drivers.

Baker Hughes Predictive Forecast Models

Baker Hughes' time-series forecasting models is one of many Baker Hughes' 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 Baker Hughes' 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 Baker Hughes

Checking the ongoing alerts about Baker Hughes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baker Hughes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Baker Hughes is unlikely to experience financial distress in the next 2 years
Over 98.0% of the company shares are held by institutions such as insurance companies
On 14th of November 2024 Baker Hughes paid $ 0.21 per share dividend to its current shareholders
Latest headline from aol.com: Tottenhams sliding doors moment which saw them miss out on control and embrace chaos

Additional Tools for Baker Stock Analysis

When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.