Baker Hughes (Germany) Probability of Future Stock Price Finishing Under 35.81
| 68V Stock | EUR 38.04 0.50 1.30% |
Baker |
Baker Hughes Target Price Odds to finish below 35.81
The tendency of Baker 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 € 35.81 or more in 90 days |
| 38.04 | 90 days | 35.81 | about 38.99 |
Based on a normal probability distribution, the odds of Baker Hughes to drop to € 35.81 or more in 90 days from now is about 38.99 (This Baker Hughes Co probability density function shows the probability of Baker Stock to fall within a particular range of prices over 90 days) . Probability of Baker Hughes price to stay between € 35.81 and its current price of €38.04 at the end of the 90-day period is about 23.92 .
Assuming the 90 days horizon Baker Hughes has a beta of 0.55. This suggests as returns on the market go up, Baker Hughes average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baker Hughes Co will be expected to be much smaller as well. Additionally Baker Hughes Co has an alpha of 0.2769, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Baker Hughes Price Density |
| Price |
Predictive Modules for Baker Hughes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baker Hughes. 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.Baker Hughes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baker Hughes is not an exception. The market had few large corrections towards the Baker Hughes' 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 Baker Hughes Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baker Hughes within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 3.66 | |
Ir | Information ratio | 0.13 |
Baker Hughes 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 Baker Hughes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baker Hughes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 21.16 B. Net Loss for the year was (601 M) with profit before overhead, payroll, taxes, and interest of 4.43 B. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Baker Hughes 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 Baker Stock often depends not only on the future outlook of the current and potential Baker Hughes' 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. Baker Hughes' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B |
Baker Hughes Technical Analysis
Baker Hughes' future price can be derived by breaking down and analyzing its technical indicators over time. Baker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baker Hughes Co. In general, you should focus on analyzing Baker Stock price patterns and their correlations with different microeconomic environments and drivers.
Baker Hughes Predictive Forecast Models
Baker Hughes' time-series forecasting models is one of many Baker Hughes' 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 Baker Hughes' 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 Baker Hughes
Checking the ongoing alerts about Baker Hughes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baker Hughes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 21.16 B. Net Loss for the year was (601 M) with profit before overhead, payroll, taxes, and interest of 4.43 B. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Baker Stock
When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' 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 Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:Check out Baker Hughes Backtesting, Baker Hughes Valuation, Baker Hughes Correlation, Baker Hughes Hype Analysis, Baker Hughes Volatility, Baker Hughes History as well as Baker Hughes Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.