Popular Stock Odds of Future Stock Price Finishing Over 108.88
| BPOP Stock | USD 93.86 1.88 1.96% |
Popular |
Popular Target Price Odds to finish over 108.88
The tendency of Popular 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 $ 108.88 or more in 90 days |
| 93.86 | 90 days | 108.88 | near 1 |
Based on a normal probability distribution, the odds of Popular to move over $ 108.88 or more in 90 days from now is near 1 (This Popular probability density function shows the probability of Popular Stock to fall within a particular range of prices over 90 days) . Probability of Popular price to stay between its current price of $ 93.86 and $ 108.88 at the end of the 90-day period is about 79.94 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.28 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Popular will likely underperform. Additionally Popular 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. Popular Price Density |
| Price |
Predictive Modules for Popular
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Popular. 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.Popular Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Popular is not an exception. The market had few large corrections towards the Popular'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 Popular, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Popular within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 2.28 | |
σ | Overall volatility | 3.74 | |
Ir | Information ratio | -0.04 |
Popular 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 Popular for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Popular can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Popular generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Cineverse Launches Popular Dog Whisperer Channel On Samsung TV Plus |
Popular 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 Popular Stock often depends not only on the future outlook of the current and potential Popular'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. Popular's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.8 M | |
| Cash And Short Term Investments | 7.4 B |
Popular Technical Analysis
Popular's future price can be derived by breaking down and analyzing its technical indicators over time. Popular Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Popular. In general, you should focus on analyzing Popular Stock price patterns and their correlations with different microeconomic environments and drivers.
Popular Predictive Forecast Models
Popular's time-series forecasting models is one of many Popular'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 Popular'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 Popular
Checking the ongoing alerts about Popular for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Popular help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Popular generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Cineverse Launches Popular Dog Whisperer Channel On Samsung TV Plus |
Additional Tools for Popular Stock Analysis
When running Popular's price analysis, check to measure Popular'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 Popular is operating at the current time. Most of Popular's value examination focuses on studying past and present price action to predict the probability of Popular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Popular's price. Additionally, you may evaluate how the addition of Popular to your portfolios can decrease your overall portfolio volatility.