Bank of Ireland (UK) Probability of Future Stock Price Finishing Under 9.54
| BIRG Stock | 8.66 0.17 2.00% |
Bank |
Bank of Ireland Target Price Odds to finish below 9.54
The tendency of Bank 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 stay under 9.54 after 90 days |
| 8.66 | 90 days | 9.54 | about 86.74 |
Based on a normal probability distribution, the odds of Bank of Ireland to stay under 9.54 after 90 days from now is about 86.74 (This Bank of Ireland probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of Ireland price to stay between its current price of 8.66 and 9.54 at the end of the 90-day period is about 60.75 .
Assuming the 90 days trading horizon Bank of Ireland has a beta of 0.32 suggesting as returns on the market go up, Bank of Ireland average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank of Ireland will be expected to be much smaller as well. Additionally Bank of Ireland 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. Bank of Ireland Price Density |
| Price |
Predictive Modules for Bank of Ireland
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 Ireland. 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.Bank of Ireland Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Ireland is not an exception. The market had few large corrections towards the Bank of Ireland'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 Bank of Ireland, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Ireland within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.08 |
Bank of Ireland 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 Ireland for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Ireland 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 Ireland generated a negative expected return over the last 90 days | |
| Bank of Ireland is unlikely to experience financial distress in the next 2 years | |
| Bank of Ireland generates negative cash flow from operations | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Bank of Ireland Group Stock Price Up 0.4 percent - Heres What Happened - MarketBeat |
Bank of Ireland 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 Stock often depends not only on the future outlook of the current and potential Bank of Ireland'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. Bank of Ireland's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 31.5 B |
Bank of Ireland Technical Analysis
Bank of Ireland's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Ireland. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Ireland Predictive Forecast Models
Bank of Ireland's time-series forecasting models is one of many Bank of Ireland'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 Bank of Ireland'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 Bank of Ireland
Checking the ongoing alerts about Bank of Ireland for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Ireland help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank of Ireland generated a negative expected return over the last 90 days | |
| Bank of Ireland is unlikely to experience financial distress in the next 2 years | |
| Bank of Ireland generates negative cash flow from operations | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Bank of Ireland Group Stock Price Up 0.4 percent - Heres What Happened - MarketBeat |
Additional Tools for Bank Stock Analysis
When running Bank of Ireland's price analysis, check to measure Bank of Ireland'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 Bank of Ireland is operating at the current time. Most of Bank of Ireland's value examination focuses on studying past and present price action to predict the probability of Bank of Ireland's 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 Ireland's price. Additionally, you may evaluate how the addition of Bank of Ireland to your portfolios can decrease your overall portfolio volatility.