How Markets Reacted To Anheuser-Busch InBev’s Proposed Entry Into Biotech?

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Anheuser-Busch InBev Stock (NYSE:BUD) gained 4% over the past week, outperforming the S&P 500, which was down 2% during the period. If you look at the change over the past ten days and one month, the BUD stock has risen (4.4 percent and 7%, respectively) and outperformed the broader market on both occasions. The stock has risen in recent weeks after the company announced a surprise push into the biotech world. Instead of giving away the malted barley byproducts of the beer-making process, the company will convert these into plant-based proteins that can be sold to the food and beverage industry. It could generate an additional US$20 million in revenue next year, and is set to grow rapidly in the future. At a time when more people are moving from beer to other spirits, this kind of thinking has excited investors.

Now, is the BUD stock set to rise further or can we expect some correction? We believe that BUD stock has a 60% chance of growth in the next month (21 trading days) based on our Machine Learning analysis of stock price trends over the past ten years. View our analysis BUD stock growth potential,

Twenty One Days: BUD 6.9%, versus the S&P500 2.1%; best performing market

(14% chance event; 60% chance of increase in the next 21 days)

  • BUD Stock 6.9% increase Over the past twenty one trading days (one month), an increase of 2.1% over the broader market (S&P500)
  • A change of 6.9% or more in twenty one business days is a 14% probability event, having happened 350 times out of 2515 in the past ten years.
  • Out of these 350 cases, the stock has seen positive momentum on 209 occasions in the next twenty one trading days
  • it indicates a 60% chance of the stock rising in the next twenty one trading days

Day 10: BUD 4.4%, versus the S&P500 1.1%; best performing market

(19% chance event; 47% chance of increase in the next 10 days)

  • BUD Stock 4.4% growth Over the past ten trading days (two weeks), the broader market (S&P500) is up 1.1%
  • A change of 4.4% or more in ten trading days is a 19% probability event, having happened 483 times out of 2515 in the past ten years.
  • Out of these 483 cases, the stock has seen positive momentum on 227 occasions in the next ten trading days
  • it indicates a 47% chance of the stock rising in the next ten trading days

Day Five: BUD 3.9%, versus the S&P500 -1.9%; underperforming market

(9% chance event; 50% increase chance over the next five days)

  • BUD Stock increased by 3.9% in the five-day trading period ended 01/05/2021, compared to a 1.9% decline in the broader market (S&P500)
  • A change of 3.9% or more in five business days (one week) is a 9% probability event, having happened 236 times out of 2516 in the past ten years.
  • Out of these 236 instances, the stock has seen positive momentum on 119 occasions over the next five trading days
  • it indicates a 50% chance of the stock rising in the next five trading days

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