Bank of Queensland Ltd Pr (Australia) Probability of Future Preferred Stock Price Finishing Over 97.11
| BOQPF Preferred Stock | 103.85 0.01 0.01% |
Bank |
Bank of Queensland Ltd Pr Target Price Odds to finish over 97.11
The tendency of Bank Preferred 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 stay above 97.11 in 90 days |
| 103.85 | 90 days | 97.11 | close to 99 |
Based on a normal probability distribution, the odds of Bank of Queensland Ltd Pr to stay above 97.11 in 90 days from now is close to 99 (This Bank of Queensland probability density function shows the probability of Bank Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Bank of Queensland Ltd Pr price to stay between 97.11 and its current price of 103.85 at the end of the 90-day period is about 72.23 .
Assuming the 90 days trading horizon Bank of Queensland has a beta of -0.16 suggesting as returns on the benchmark increase, returns on holding Bank of Queensland Ltd Pr are expected to decrease at a much lower rate. During a bear market, however, Bank of Queensland is likely to outperform the market. Additionally Bank of Queensland 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 Queensland Ltd Pr Price Density |
| Price |
Predictive Modules for Bank of Queensland Ltd Pr
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 Queensland Ltd Pr. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Bank of Queensland Ltd Pr Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Queensland Ltd Pr is not an exception. The market had few large corrections towards the Bank of Queensland Ltd Pr'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 Bank of Queensland, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Queensland Ltd Pr within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0003 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | 0.21 |
Bank of Queensland Ltd Pr 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 Queensland Ltd Pr for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Queensland Ltd Pr 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 Queensland Ltd Pr generates negative cash flow from operations | |
| Latest headline from news.google.com: Lykos Metals Limited Releases Interim Financial Report for 2024 - TipRanks |
Bank of Queensland Ltd Pr 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 Preferred Stock often depends not only on the future outlook of the current and potential Bank of Queensland Ltd Pr'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. Bank of Queensland Ltd Pr's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 645.1 M |
Bank of Queensland Ltd Pr Technical Analysis
Bank of Queensland Ltd Pr's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Queensland. In general, you should focus on analyzing Bank Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Queensland Ltd Pr Predictive Forecast Models
Bank of Queensland Ltd Pr's time-series forecasting models is one of many Bank of Queensland Ltd Pr's preferred 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 Bank of Queensland Ltd Pr'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Bank of Queensland Ltd Pr
Checking the ongoing alerts about Bank of Queensland Ltd Pr for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Queensland Ltd Pr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of Queensland Ltd Pr generates negative cash flow from operations | |
| Latest headline from news.google.com: Lykos Metals Limited Releases Interim Financial Report for 2024 - TipRanks |
Other Information on Investing in Bank Preferred Stock
Bank of Queensland Ltd Pr financial ratios help investors to determine whether Bank Preferred 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 Bank with respect to the benefits of owning Bank of Queensland Ltd Pr security.