Brightcove Stock Probability of Future Stock Price Finishing Under 2.14
| BCOV Stock | USD 4.27 0.02 0.47% |
Brightcove |
Brightcove Target Price Odds to finish below 2.14
The tendency of Brightcove 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 drop to $ 2.14 or more in 90 days |
| 4.27 | 90 days | 2.14 | about 29.79 |
Based on a normal probability distribution, the odds of Brightcove to drop to $ 2.14 or more in 90 days from now is about 29.79 (This Brightcove probability density function shows the probability of Brightcove Stock to fall within a particular range of prices over 90 days) . Probability of Brightcove price to stay between $ 2.14 and its current price of $4.27 at the end of the 90-day period is about 70.11 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.89 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, Brightcove will likely underperform. Additionally Brightcove has an alpha of 0.8393, implying that it can generate a 0.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Brightcove Price Density |
| Price |
Predictive Modules for Brightcove
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brightcove. 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.Brightcove Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brightcove is not an exception. The market had few large corrections towards the Brightcove'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 Brightcove, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brightcove within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.84 | |
β | Beta against Dow Jones | 1.89 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.17 |
Brightcove 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 Brightcove for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brightcove can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brightcove is way too risky over 90 days horizon | |
| Brightcove appears to be risky and price may revert if volatility continues | |
| Brightcove currently holds 21.84 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Brightcove has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Brightcove's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 201.19 M. Net Loss for the year was (22.89 M) with profit before overhead, payroll, taxes, and interest of 133.94 M. | |
| About 67.0% of Brightcove shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Brightcove Downgraded to Hold Rating by Lake Street Capital |
Brightcove 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 Brightcove Stock often depends not only on the future outlook of the current and potential Brightcove'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. Brightcove's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.1 M | |
| Cash And Short Term Investments | 18.6 M |
Brightcove Technical Analysis
Brightcove's future price can be derived by breaking down and analyzing its technical indicators over time. Brightcove Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brightcove. In general, you should focus on analyzing Brightcove Stock price patterns and their correlations with different microeconomic environments and drivers.
Brightcove Predictive Forecast Models
Brightcove's time-series forecasting models is one of many Brightcove'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 Brightcove'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 Brightcove
Checking the ongoing alerts about Brightcove for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brightcove help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brightcove is way too risky over 90 days horizon | |
| Brightcove appears to be risky and price may revert if volatility continues | |
| Brightcove currently holds 21.84 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Brightcove has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Brightcove's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 201.19 M. Net Loss for the year was (22.89 M) with profit before overhead, payroll, taxes, and interest of 133.94 M. | |
| About 67.0% of Brightcove shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Brightcove Downgraded to Hold Rating by Lake Street Capital |
Additional Tools for Brightcove Stock Analysis
When running Brightcove's price analysis, check to measure Brightcove'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 Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.