Bank Of Communications Stock Probability of Future Pink Sheet Price Finishing Over 18.09
| BCMXY Stock | USD 19.33 0.30 1.53% |
Bank |
Bank of Communications Target Price Odds to finish over 18.09
The tendency of Bank Pink Sheet 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 above $ 18.09 in 90 days |
| 19.33 | 90 days | 18.09 | about 51.32 |
Based on a normal probability distribution, the odds of Bank of Communications to stay above $ 18.09 in 90 days from now is about 51.32 (This Bank of Communications probability density function shows the probability of Bank Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bank of Communications price to stay between $ 18.09 and its current price of $19.33 at the end of the 90-day period is about 29.79 .
Assuming the 90 days horizon Bank of Communications has a beta of -0.0023 suggesting as returns on the benchmark increase, returns on holding Bank of Communications are expected to decrease at a much lower rate. During a bear market, however, Bank of Communications is likely to outperform the market. Additionally Bank of Communications has an alpha of 0.3791, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bank of Communications Price Density |
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Predictive Modules for Bank of Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Communications. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank of Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank of Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Communications is not an exception. The market had few large corrections towards the Bank of Communications' 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 Bank of Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.0023 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.09 |
Bank of Communications 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 Bank of Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bank of Communications had very high historical volatility over the last 90 days | |
| Bank of Communications has high likelihood to experience some financial distress in the next 2 years | |
| Bank of Communications has accumulated about 904.36 B in cash with (34.77 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 304.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from thelincolnianonline.com: THOR Industries Issues FY25 Earnings Guidance |
Bank of Communications 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 Bank Pink Sheet often depends not only on the future outlook of the current and potential Bank of Communications' 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. Bank of Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 74.3 B | |
| Dividends Paid | 44.5 B |
Bank of Communications Technical Analysis
Bank of Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Bank Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Communications. In general, you should focus on analyzing Bank Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bank of Communications Predictive Forecast Models
Bank of Communications' time-series forecasting models is one of many Bank of Communications' pink sheet 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 Bank of Communications' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Bank of Communications
Checking the ongoing alerts about Bank of Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of Communications had very high historical volatility over the last 90 days | |
| Bank of Communications has high likelihood to experience some financial distress in the next 2 years | |
| Bank of Communications has accumulated about 904.36 B in cash with (34.77 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 304.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from thelincolnianonline.com: THOR Industries Issues FY25 Earnings Guidance |
Additional Tools for Bank Pink Sheet Analysis
When running Bank of Communications' price analysis, check to measure Bank of Communications' 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 Bank of Communications is operating at the current time. Most of Bank of Communications' value examination focuses on studying past and present price action to predict the probability of Bank of Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Communications' price. Additionally, you may evaluate how the addition of Bank of Communications to your portfolios can decrease your overall portfolio volatility.