Popular Stock Odds of Future Pink Sheet Price Finishing Under 23.03
| BPOPO Stock | USD 24.27 0.01 0.04% |
Popular |
Popular Target Price Odds to finish below 23.03
The tendency of Popular 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 drop to $ 23.03 or more in 90 days |
| 24.27 | 90 days | 23.03 | near 1 |
Based on a normal probability distribution, the odds of Popular to drop to $ 23.03 or more in 90 days from now is near 1 (This Popular probability density function shows the probability of Popular Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Popular price to stay between $ 23.03 and its current price of $24.27 at the end of the 90-day period is about 15.85 .
Assuming the 90 days horizon Popular has a beta of -0.15 suggesting as returns on the benchmark increase, returns on holding Popular are expected to decrease at a much lower rate. During a bear market, however, Popular is likely to outperform the market. Additionally Popular has an alpha of 0.0033, implying that it can generate a 0.00331 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Popular Price Density |
| Price |
Predictive Modules for Popular
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Popular. 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.Popular Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Popular is not an exception. The market had few large corrections towards the Popular'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 Popular, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Popular within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.08 |
Popular 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 Popular for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Popular can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Popular generated a negative expected return over the last 90 days |
Popular 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 Popular Pink Sheet often depends not only on the future outlook of the current and potential Popular'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. Popular's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.9 M |
Popular Technical Analysis
Popular's future price can be derived by breaking down and analyzing its technical indicators over time. Popular Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Popular. In general, you should focus on analyzing Popular Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Popular Predictive Forecast Models
Popular's time-series forecasting models is one of many Popular's 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 Popular'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Popular
Checking the ongoing alerts about Popular for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Popular help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Popular generated a negative expected return over the last 90 days |
Additional Information and Resources on Investing in Popular Pink Sheet
When determining whether Popular is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Popular Pink Sheet is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Popular Stock. Highlighted below are key reports to facilitate an investment decision about Popular Stock:Check out Popular Backtesting, Popular Valuation, Popular Correlation, Popular Hype Analysis, Popular Volatility, Popular History as well as Popular Performance. To learn how to invest in Popular Pink Sheet, please use our How to Invest in Popular guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.