BeiGene (Brazil) Odds of Future Stock Price Finishing Under 39.69
| B1GN34 Stock | BRL 44.65 2.35 5.56% |
BeiGene |
BeiGene Target Price Odds to finish below 39.69
The tendency of BeiGene 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 R$ 39.69 or more in 90 days |
| 44.65 | 90 days | 39.69 | near 1 |
Based on a normal probability distribution, the odds of BeiGene to drop to R$ 39.69 or more in 90 days from now is near 1 (This BeiGene probability density function shows the probability of BeiGene Stock to fall within a particular range of prices over 90 days) . Probability of BeiGene price to stay between R$ 39.69 and its current price of R$44.65 at the end of the 90-day period is about 15.51 .
Assuming the 90 days trading horizon BeiGene has a beta of -0.17 suggesting as returns on the benchmark increase, returns on holding BeiGene are expected to decrease at a much lower rate. During a bear market, however, BeiGene is likely to outperform the market. Additionally BeiGene 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. BeiGene Price Density |
| Price |
Predictive Modules for BeiGene
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BeiGene. 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.BeiGene Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BeiGene is not an exception. The market had few large corrections towards the BeiGene'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 BeiGene, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BeiGene within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 3.14 | |
Ir | Information ratio | -0.02 |
BeiGene 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 BeiGene for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BeiGene can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BeiGene generated a negative expected return over the last 90 days | |
| BeiGene has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.18 B. Net Loss for the year was (1.41 B) with loss before overhead, payroll, taxes, and interest of (447.86 M). | |
| BeiGene generates negative cash flow from operations |
BeiGene 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 BeiGene Stock often depends not only on the future outlook of the current and potential BeiGene'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. BeiGene's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
BeiGene Technical Analysis
BeiGene's future price can be derived by breaking down and analyzing its technical indicators over time. BeiGene Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BeiGene. In general, you should focus on analyzing BeiGene Stock price patterns and their correlations with different microeconomic environments and drivers.
BeiGene Predictive Forecast Models
BeiGene's time-series forecasting models is one of many BeiGene'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 BeiGene'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.
Things to note about BeiGene
Checking the ongoing alerts about BeiGene for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BeiGene help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BeiGene generated a negative expected return over the last 90 days | |
| BeiGene has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.18 B. Net Loss for the year was (1.41 B) with loss before overhead, payroll, taxes, and interest of (447.86 M). | |
| BeiGene generates negative cash flow from operations |
Additional Information and Resources on Investing in BeiGene Stock
When determining whether BeiGene is a strong investment it is important to analyze BeiGene's 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 BeiGene's future performance. For an informed investment choice regarding BeiGene Stock, refer to the following important reports:Check out BeiGene Backtesting, BeiGene Valuation, BeiGene Correlation, BeiGene Hype Analysis, BeiGene Volatility, BeiGene History as well as BeiGene Performance. For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.