BNK Banking (Australia) Probability of Future Stock Price Finishing Over 0.34
| BBC Stock | 0.33 0.01 2.94% |
BNK |
BNK Banking Target Price Odds to finish over 0.34
The tendency of BNK 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 over 0.34 or more in 90 days |
| 0.33 | 90 days | 0.34 | about 50.0 |
Based on a normal probability distribution, the odds of BNK Banking to move over 0.34 or more in 90 days from now is about 50.0 (This BNK Banking probability density function shows the probability of BNK Stock to fall within a particular range of prices over 90 days) . Probability of BNK Banking price to stay between its current price of 0.33 and 0.34 at the end of the 90-day period is about 24.61 .
Assuming the 90 days trading horizon BNK Banking has a beta of -0.28 suggesting as returns on the benchmark increase, returns on holding BNK Banking are expected to decrease at a much lower rate. During a bear market, however, BNK Banking is likely to outperform the market. Additionally BNK Banking 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. BNK Banking Price Density |
| Price |
Predictive Modules for BNK Banking
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BNK Banking. 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.BNK Banking Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BNK Banking is not an exception. The market had few large corrections towards the BNK Banking'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 BNK Banking, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BNK Banking within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.04 |
BNK Banking 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 BNK Banking for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BNK Banking can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BNK Banking generated a negative expected return over the last 90 days | |
| BNK Banking has some characteristics of a very speculative penny stock | |
| BNK Banking has high historical volatility and very poor performance | |
| BNK Banking has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 20.84 M. Net Loss for the year was (6.7 M) with profit before overhead, payroll, taxes, and interest of 17.9 M. | |
| BNK Banking generates negative cash flow from operations | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BNK Banking Corporation Passes All AGM Resolutions - TipRanks |
BNK Banking 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 BNK Stock often depends not only on the future outlook of the current and potential BNK Banking'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. BNK Banking's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.7 M | |
| Cash And Short Term Investments | 118.4 M |
BNK Banking Technical Analysis
BNK Banking's future price can be derived by breaking down and analyzing its technical indicators over time. BNK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BNK Banking. In general, you should focus on analyzing BNK Stock price patterns and their correlations with different microeconomic environments and drivers.
BNK Banking Predictive Forecast Models
BNK Banking's time-series forecasting models is one of many BNK Banking'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 BNK Banking'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 BNK Banking
Checking the ongoing alerts about BNK Banking for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BNK Banking help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BNK Banking generated a negative expected return over the last 90 days | |
| BNK Banking has some characteristics of a very speculative penny stock | |
| BNK Banking has high historical volatility and very poor performance | |
| BNK Banking has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 20.84 M. Net Loss for the year was (6.7 M) with profit before overhead, payroll, taxes, and interest of 17.9 M. | |
| BNK Banking generates negative cash flow from operations | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BNK Banking Corporation Passes All AGM Resolutions - TipRanks |
Additional Tools for BNK Stock Analysis
When running BNK Banking's price analysis, check to measure BNK Banking'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 BNK Banking is operating at the current time. Most of BNK Banking's value examination focuses on studying past and present price action to predict the probability of BNK Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BNK Banking's price. Additionally, you may evaluate how the addition of BNK Banking to your portfolios can decrease your overall portfolio volatility.