Believe SAS (France) Probability of Future Stock Price Finishing Under 14.01
| BLV Stock | 14.38 0.02 0.14% |
Believe |
Believe SAS Target Price Odds to finish below 14.01
The tendency of Believe 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 14.01 or more in 90 days |
| 14.38 | 90 days | 14.01 | about 1.66 |
Based on a normal probability distribution, the odds of Believe SAS to drop to 14.01 or more in 90 days from now is about 1.66 (This Believe SAS probability density function shows the probability of Believe Stock to fall within a particular range of prices over 90 days) . Probability of Believe SAS price to stay between 14.01 and its current price of 14.38 at the end of the 90-day period is about 13.45 .
Assuming the 90 days trading horizon Believe SAS has a beta of -0.49 suggesting as returns on the benchmark increase, returns on holding Believe SAS are expected to decrease at a much lower rate. During a bear market, however, Believe SAS is likely to outperform the market. Additionally Believe SAS 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. Believe SAS Price Density |
| Price |
Predictive Modules for Believe SAS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Believe SAS. 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.Believe SAS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Believe SAS is not an exception. The market had few large corrections towards the Believe SAS'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 Believe SAS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Believe SAS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0032 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.1 |
Believe SAS 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 Believe SAS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Believe SAS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Believe SAS generated a negative expected return over the last 90 days | |
| The company reported the revenue of 577.15 M. Net Loss for the year was (30.05 M) with profit before overhead, payroll, taxes, and interest of 193.69 M. | |
| Believe SAS has accumulated about 262.7 M in cash with (7.67 M) of positive cash flow from operations. |
Believe SAS 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 Believe Stock often depends not only on the future outlook of the current and potential Believe SAS'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. Believe SAS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.8 M | |
| Cash And Short Term Investments | 262.7 M |
Believe SAS Technical Analysis
Believe SAS's future price can be derived by breaking down and analyzing its technical indicators over time. Believe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Believe SAS. In general, you should focus on analyzing Believe Stock price patterns and their correlations with different microeconomic environments and drivers.
Believe SAS Predictive Forecast Models
Believe SAS's time-series forecasting models is one of many Believe SAS'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 Believe SAS'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 Believe SAS
Checking the ongoing alerts about Believe SAS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Believe SAS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Believe SAS generated a negative expected return over the last 90 days | |
| The company reported the revenue of 577.15 M. Net Loss for the year was (30.05 M) with profit before overhead, payroll, taxes, and interest of 193.69 M. | |
| Believe SAS has accumulated about 262.7 M in cash with (7.67 M) of positive cash flow from operations. |
Other Information on Investing in Believe Stock
Believe SAS financial ratios help investors to determine whether Believe 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 Believe with respect to the benefits of owning Believe SAS security.