Billy Goat Brands Stock Probability of Future Pink Sheet Price Finishing Over 66.62
| BGTTF Stock | USD 0.23 0.03 15.00% |
Billy |
Billy Goat Target Price Odds to finish over 66.62
The tendency of Billy Pink Sheet 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 $ 66.62 or more in 90 days |
| 0.23 | 90 days | 66.62 | close to zero percent |
Based on a normal probability distribution, the odds of Billy Goat to move over $ 66.62 or more in 90 days from now is close to zero percent (This Billy Goat Brands probability density function shows the probability of Billy Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Billy Goat Brands price to stay between its current price of $ 0.23 and $ 66.62 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Billy Goat Brands has a beta of -5.47 suggesting as returns on its benchmark rise, returns on holding Billy Goat Brands are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Billy Goat is expected to outperform its benchmark. In addition to that Billy Goat Brands has an alpha of 4.0709, implying that it can generate a 4.07 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Billy Goat Price Density |
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Predictive Modules for Billy Goat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Billy Goat Brands. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Billy Goat's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Billy Goat Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Billy Goat is not an exception. The market had few large corrections towards the Billy Goat'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 Billy Goat Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Billy Goat within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 4.07 | |
β | Beta against Dow Jones | -5.47 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.16 |
Billy Goat 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 Billy Goat for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Billy Goat Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Billy Goat Brands is way too risky over 90 days horizon | |
| Billy Goat Brands has some characteristics of a very speculative penny stock | |
| Billy Goat Brands appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (6.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Billy Goat Brands has accumulated about 430.13 K in cash with (4.17 M) of positive cash flow from operations. |
Billy Goat 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 Billy Pink Sheet often depends not only on the future outlook of the current and potential Billy Goat'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. Billy Goat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 102.2 M | |
| Shares Float | 223.9 M |
Billy Goat Technical Analysis
Billy Goat's future price can be derived by breaking down and analyzing its technical indicators over time. Billy Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Billy Goat Brands. In general, you should focus on analyzing Billy Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Billy Goat Predictive Forecast Models
Billy Goat's time-series forecasting models is one of many Billy Goat's pink sheet 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 Billy Goat'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Billy Goat Brands
Checking the ongoing alerts about Billy Goat for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Billy Goat Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Billy Goat Brands is way too risky over 90 days horizon | |
| Billy Goat Brands has some characteristics of a very speculative penny stock | |
| Billy Goat Brands appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (6.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Billy Goat Brands has accumulated about 430.13 K in cash with (4.17 M) of positive cash flow from operations. |
Other Information on Investing in Billy Pink Sheet
Billy Goat financial ratios help investors to determine whether Billy Pink Sheet 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 Billy with respect to the benefits of owning Billy Goat security.