Bombardier Stock Forecast - Day Typical Price
| BBD-B Stock | CAD 71.21 1.41 2.02% |
Bombardier Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bombardier stock prices and determine the direction of Bombardier's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bombardier's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Bombardier's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bombardier's systematic risk associated with finding meaningful patterns of Bombardier fundamentals over time.
Check out Historical Fundamental Analysis of Bombardier to cross-verify your projections. Bombardier |
Most investors in Bombardier cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Bombardier's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bombardier's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 70.87 | 70.87 |
| Check Bombardier Volatility | Backtest Bombardier | Information Ratio |
Bombardier Trading Date Momentum
| On May 04 2024 Bombardier was traded for 71.21 at the closing time. The highest price during the trading period was 71.49 and the lowest recorded bid was listed for 69.90 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 did not affect price variability. The overall trading delta to the current price is 1.80% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Bombardier to competition |
Other Forecasting Options for Bombardier
For every potential investor in Bombardier, whether a beginner or expert, Bombardier's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bombardier Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bombardier. Basic forecasting techniques help filter out the noise by identifying Bombardier's price trends.Bombardier Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bombardier stock to make a market-neutral strategy. Peer analysis of Bombardier could also be used in its relative valuation, which is a method of valuing Bombardier by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bombardier Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bombardier's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Bombardier's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bombardier Market Strength Events
Market strength indicators help investors to evaluate how Bombardier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bombardier shares will generate the highest return on investment. By undertsting and applying Bombardier stock market strength indicators, traders can identify Bombardier entry and exit signals to maximize returns.
Bombardier Risk Indicators
The analysis of Bombardier's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bombardier's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bombardier stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.82 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.85 | |||
| Downside Variance | 12.28 | |||
| Semi Variance | 7.95 | |||
| Expected Short fall | (2.49) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Bombardier
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bombardier position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bombardier will appreciate offsetting losses from the drop in the long position's value.Moving against Bombardier Stock
| 0.89 | BP | Backstageplay | PairCorr |
| 0.82 | AEMC | Alaska Energy Metals | PairCorr |
| 0.76 | MGRO | MustGrow Biologics Corp | PairCorr |
The ability to find closely correlated positions to Bombardier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bombardier when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bombardier - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bombardier to buy it.
The correlation of Bombardier is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bombardier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bombardier moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bombardier can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Bombardier to cross-verify your projections. Note that the Bombardier information on this page should be used as a complementary analysis to other Bombardier's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Bombardier Stock analysis
When running Bombardier's price analysis, check to measure Bombardier'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 Bombardier is operating at the current time. Most of Bombardier's value examination focuses on studying past and present price action to predict the probability of Bombardier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bombardier's price. Additionally, you may evaluate how the addition of Bombardier to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |