BARRICK PD AUSTRALIA Odds of Future Bond Price Finishing Under 101.66

06849UAD7   101.97  0.21  0.21%   
BARRICK's future price is the expected price of BARRICK instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of BARRICK PD AUSTRALIA performance during a given time horizon utilizing its historical volatility. Check out BARRICK Backtesting, Portfolio Optimization, BARRICK Correlation, BARRICK Hype Analysis, BARRICK Volatility, BARRICK History as well as BARRICK Performance.
  
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BARRICK Target Price Odds to finish below 101.66

The tendency of BARRICK Bond 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 PriceHorizonTarget PriceOdds to drop to  101.66  or more in 90 days
 101.97 90 days 101.66 
about 5.94
Based on a normal probability distribution, the odds of BARRICK to drop to  101.66  or more in 90 days from now is about 5.94 (This BARRICK PD AUSTRALIA probability density function shows the probability of BARRICK Bond to fall within a particular range of prices over 90 days) . Probability of BARRICK PD AUSTRALIA price to stay between  101.66  and its current price of 101.97 at the end of the 90-day period is roughly 2.13 .
Assuming the 90 days trading horizon BARRICK PD AUSTRALIA has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding BARRICK are expected to decrease at a much lower rate. During a bear market, however, BARRICK PD AUSTRALIA is likely to outperform the market. Additionally BARRICK PD AUSTRALIA 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.
   BARRICK Price Density   
       Price  

Predictive Modules for BARRICK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BARRICK PD AUSTRALIA. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.
Hype
Prediction
LowEstimatedHigh
101.30101.97102.64
Details
Intrinsic
Valuation
LowRealHigh
84.9685.63112.17
Details
Naive
Forecast
LowNextHigh
102.42103.10103.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
99.83103.41107.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BARRICK. Your research has to be compared to or analyzed against BARRICK's peers to derive any actionable benefits. When done correctly, BARRICK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BARRICK PD AUSTRALIA.

BARRICK Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BARRICK is not an exception. The market had few large corrections towards the BARRICK'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 BARRICK PD AUSTRALIA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BARRICK within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.11
β
Beta against Dow Jones-0.13
σ
Overall volatility
1.98
Ir
Information ratio -0.1

BARRICK 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 BARRICK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BARRICK PD AUSTRALIA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BARRICK PD AUSTRALIA generated a negative expected return over the last 90 days

BARRICK Technical Analysis

BARRICK's future price can be derived by breaking down and analyzing its technical indicators over time. BARRICK Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BARRICK PD AUSTRALIA. In general, you should focus on analyzing BARRICK Bond price patterns and their correlations with different microeconomic environments and drivers.

BARRICK Predictive Forecast Models

BARRICK's time-series forecasting models is one of many BARRICK's bond 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 BARRICK'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 bond market movement and maximize returns from investment trading.

Things to note about BARRICK PD AUSTRALIA

Checking the ongoing alerts about BARRICK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BARRICK PD AUSTRALIA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BARRICK PD AUSTRALIA generated a negative expected return over the last 90 days

Other Information on Investing in BARRICK Bond

BARRICK financial ratios help investors to determine whether BARRICK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BARRICK with respect to the benefits of owning BARRICK security.