BANK OF QUEENSLAND (BXZSG (Germany) Probability of Future Stock Price Finishing Over 3.98
| BXZ Stock | 3.98 0.02 0.50% |
BANK |
BANK OF QUEENSLAND (BXZSG Target Price Odds to finish over 3.98
The tendency of BANK 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 move above the current price in 90 days |
| 3.98 | 90 days | 3.98 | about 48.01 |
Based on a normal probability distribution, the odds of BANK OF QUEENSLAND (BXZSG to move above the current price in 90 days from now is about 48.01 (This BANK OF QUEENSLAND probability density function shows the probability of BANK Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BANK OF QUEENSLAND has a beta of -0.23 suggesting as returns on the benchmark increase, returns on holding BANK OF QUEENSLAND (BXZSG 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 an alpha of 0.1517, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BANK OF QUEENSLAND (BXZSG Price Density |
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Predictive Modules for BANK OF QUEENSLAND (BXZSG
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 (BXZSG. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BANK OF QUEENSLAND (BXZSG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BANK OF QUEENSLAND (BXZSG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BANK OF QUEENSLAND (BXZSG is not an exception. The market had few large corrections towards the BANK OF QUEENSLAND (BXZSG'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 (BXZSG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.09 |
BANK OF QUEENSLAND (BXZSG Technical Analysis
BANK OF QUEENSLAND (BXZSG's future price can be derived by breaking down and analyzing its technical indicators over time. BANK 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 Stock price patterns and their correlations with different microeconomic environments and drivers.
BANK OF QUEENSLAND (BXZSG Predictive Forecast Models
BANK OF QUEENSLAND (BXZSG's time-series forecasting models is one of many BANK OF QUEENSLAND (BXZSG'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 BANK OF QUEENSLAND (BXZSG'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BANK OF QUEENSLAND (BXZSG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BANK OF QUEENSLAND (BXZSG's short interest history, or implied volatility extrapolated from BANK OF QUEENSLAND (BXZSG options trading.
Additional Tools for BANK Stock Analysis
When running BANK OF QUEENSLAND (BXZSG's price analysis, check to measure BANK OF QUEENSLAND (BXZSG's 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 BANK OF QUEENSLAND (BXZSG is operating at the current time. Most of BANK OF QUEENSLAND (BXZSG's value examination focuses on studying past and present price action to predict the probability of BANK OF QUEENSLAND (BXZSG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANK OF QUEENSLAND (BXZSG's price. Additionally, you may evaluate how the addition of BANK OF QUEENSLAND (BXZSG to your portfolios can decrease your overall portfolio volatility.