Bath Body (Brazil) Probability of Future Stock Price Finishing Under 50.42
| B1BW34 Stock | 58.62 0.37 0.63% |
Bath |
Bath Body Target Price Odds to finish below 50.42
The tendency of Bath 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 50.42 or more in 90 days |
| 58.62 | 90 days | 50.42 | about 75.82 |
Based on a normal probability distribution, the odds of Bath Body to drop to 50.42 or more in 90 days from now is about 75.82 (This Bath Body Works probability density function shows the probability of Bath Stock to fall within a particular range of prices over 90 days) . Probability of Bath Body Works price to stay between 50.42 and its current price of 58.62 at the end of the 90-day period is about 21.82 .
Assuming the 90 days trading horizon Bath Body Works has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding Bath Body are expected to decrease at a much lower rate. During a bear market, however, Bath Body Works is likely to outperform the market. Additionally Bath Body Works has an alpha of 0.6286, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bath Body Price Density |
| Price |
Predictive Modules for Bath Body
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bath Body Works. 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.Bath Body Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bath Body is not an exception. The market had few large corrections towards the Bath Body'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 Bath Body Works, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bath Body within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 6.31 | |
Ir | Information ratio | 0.22 |
Bath Body 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 Bath Stock often depends not only on the future outlook of the current and potential Bath Body'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. Bath Body's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 253.9 M |
Bath Body Technical Analysis
Bath Body's future price can be derived by breaking down and analyzing its technical indicators over time. Bath Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bath Body Works. In general, you should focus on analyzing Bath Stock price patterns and their correlations with different microeconomic environments and drivers.
Bath Body Predictive Forecast Models
Bath Body's time-series forecasting models is one of many Bath Body'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 Bath Body'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 Bath Body 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, Bath Body's short interest history, or implied volatility extrapolated from Bath Body options trading.
Additional Information and Resources on Investing in Bath Stock
When determining whether Bath Body Works offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bath Body's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bath Body Works Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bath Body Works Stock:Check out Bath Body Backtesting, Bath Body Valuation, Bath Body Correlation, Bath Body Hype Analysis, Bath Body Volatility, Bath Body History as well as Bath Body Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.