BG Foods (Germany) Odds of Future Stock Price Finishing Under 11.69
| DHR Stock | EUR 6.90 0.04 0.58% |
DHR |
BG Foods Target Price Odds to finish below 11.69
The tendency of DHR 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 under € 11.69 after 90 days |
| 6.90 | 90 days | 11.69 | close to 99 |
Based on a normal probability distribution, the odds of BG Foods to stay under € 11.69 after 90 days from now is close to 99 (This BG Foods probability density function shows the probability of DHR Stock to fall within a particular range of prices over 90 days) . Probability of BG Foods price to stay between its current price of € 6.90 and € 11.69 at the end of the 90-day period is about 60.27 .
Assuming the 90 days trading horizon BG Foods has a beta of -0.88 suggesting Additionally BG Foods 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. BG Foods Price Density |
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Predictive Modules for BG Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BG Foods. 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.BG Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BG Foods is not an exception. The market had few large corrections towards the BG Foods' 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 BG Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BG Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.88 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.07 |
BG Foods 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 BG Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BG Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BG Foods generated a negative expected return over the last 90 days | |
| BG Foods has high historical volatility and very poor performance |
BG Foods 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 DHR Stock often depends not only on the future outlook of the current and potential BG Foods' 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. BG Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.5 M | |
| Dividends Paid | 122.9 M |
BG Foods Technical Analysis
BG Foods' future price can be derived by breaking down and analyzing its technical indicators over time. DHR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BG Foods. In general, you should focus on analyzing DHR Stock price patterns and their correlations with different microeconomic environments and drivers.
BG Foods Predictive Forecast Models
BG Foods' time-series forecasting models is one of many BG Foods' 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 BG Foods' 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 BG Foods
Checking the ongoing alerts about BG Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BG Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BG Foods generated a negative expected return over the last 90 days | |
| BG Foods has high historical volatility and very poor performance |
Additional Information and Resources on Investing in DHR Stock
When determining whether BG Foods is a strong investment it is important to analyze BG Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Foods' future performance. For an informed investment choice regarding DHR Stock, refer to the following important reports:Check out BG Foods Backtesting, BG Foods Valuation, BG Foods Correlation, BG Foods Hype Analysis, BG Foods Volatility, BG Foods History as well as BG Foods Performance. For information on how to trade DHR Stock refer to our How to Trade DHR Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.