Baird Medical Investment Stock Probability of Future Stock Price Finishing Over 10.72
| BDMD Stock | 2.40 0.05 2.04% |
Baird |
Baird Medical Target Price Odds to finish over 10.72
The tendency of Baird 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 10.72 or more in 90 days |
| 2.40 | 90 days | 10.72 | near 1 |
Based on a normal probability distribution, the odds of Baird Medical to move over 10.72 or more in 90 days from now is near 1 (This Baird Medical Investment probability density function shows the probability of Baird Stock to fall within a particular range of prices over 90 days) . Probability of Baird Medical Investment price to stay between its current price of 2.40 and 10.72 at the end of the 90-day period is about 71.87 .
Given the investment horizon of 90 days Baird Medical has a beta of 0.0837 suggesting as returns on the market go up, Baird Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baird Medical Investment will be expected to be much smaller as well. Additionally Baird Medical Investment 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. Baird Medical Price Density |
| Price |
Predictive Modules for Baird Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baird Medical Investment. 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.Baird Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baird Medical is not an exception. The market had few large corrections towards the Baird Medical'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 Baird Medical Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baird Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.9 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | -0.36 |
Baird Medical 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 Baird Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baird Medical Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baird Medical generated a negative expected return over the last 90 days | |
| Baird Medical has high historical volatility and very poor performance | |
| Baird Medical has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Baird Medical Sponsored and Showcased Microwave Ablation Technology at the 7th Thyroid Disease Forum in China |
Baird Medical Technical Analysis
Baird Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Baird Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baird Medical Investment. In general, you should focus on analyzing Baird Stock price patterns and their correlations with different microeconomic environments and drivers.
Baird Medical Predictive Forecast Models
Baird Medical's time-series forecasting models is one of many Baird Medical'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 Baird Medical'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 Baird Medical Investment
Checking the ongoing alerts about Baird Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baird Medical Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baird Medical generated a negative expected return over the last 90 days | |
| Baird Medical has high historical volatility and very poor performance | |
| Baird Medical has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Baird Medical Sponsored and Showcased Microwave Ablation Technology at the 7th Thyroid Disease Forum in China |
Check out Baird Medical Backtesting, Baird Medical Valuation, Baird Medical Correlation, Baird Medical Hype Analysis, Baird Medical Volatility, Baird Medical History as well as Baird Medical Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Medical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baird Medical. If investors know Baird will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baird Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Baird Medical Investment is measured differently than its book value, which is the value of Baird that is recorded on the company's balance sheet. Investors also form their own opinion of Baird Medical's value that differs from its market value or its book value, called intrinsic value, which is Baird Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baird Medical's market value can be influenced by many factors that don't directly affect Baird Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baird Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baird Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baird Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.