Bright Kindle (Philippines) Probability of Future Stock Price Finishing Under 0.71
| BKR Stock | 0.70 0.01 1.41% |
Bright |
Bright Kindle Target Price Odds to finish below 0.71
The tendency of Bright 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 stay under 0.71 after 90 days |
| 0.70 | 90 days | 0.71 | about 10.51 |
Based on a normal probability distribution, the odds of Bright Kindle to stay under 0.71 after 90 days from now is about 10.51 (This Bright Kindle Resources probability density function shows the probability of Bright Stock to fall within a particular range of prices over 90 days) . Probability of Bright Kindle Resources price to stay between its current price of 0.70 and 0.71 at the end of the 90-day period is about 1.44 .
Assuming the 90 days trading horizon Bright Kindle Resources has a beta of -0.0373 suggesting as returns on the benchmark increase, returns on holding Bright Kindle are expected to decrease at a much lower rate. During a bear market, however, Bright Kindle Resources is likely to outperform the market. Additionally Bright Kindle Resources 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. Bright Kindle Price Density |
| Price |
Predictive Modules for Bright Kindle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bright Kindle Resources. 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.Bright Kindle Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bright Kindle is not an exception. The market had few large corrections towards the Bright Kindle'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 Bright Kindle Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bright Kindle within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.18 |
Bright Kindle 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 Bright Kindle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bright Kindle Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bright Kindle generated a negative expected return over the last 90 days | |
| Bright Kindle has some characteristics of a very speculative penny stock | |
| Bright Kindle has high historical volatility and very poor performance | |
| Bright Kindle Resources has accumulated about 425.56 K in cash with (10.76 M) of positive cash flow from operations. |
Bright Kindle 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 Bright Stock often depends not only on the future outlook of the current and potential Bright Kindle'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. Bright Kindle's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 425.6 K |
Bright Kindle Technical Analysis
Bright Kindle's future price can be derived by breaking down and analyzing its technical indicators over time. Bright Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bright Kindle Resources. In general, you should focus on analyzing Bright Stock price patterns and their correlations with different microeconomic environments and drivers.
Bright Kindle Predictive Forecast Models
Bright Kindle's time-series forecasting models is one of many Bright Kindle'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 Bright Kindle'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 Bright Kindle Resources
Checking the ongoing alerts about Bright Kindle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bright Kindle Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bright Kindle generated a negative expected return over the last 90 days | |
| Bright Kindle has some characteristics of a very speculative penny stock | |
| Bright Kindle has high historical volatility and very poor performance | |
| Bright Kindle Resources has accumulated about 425.56 K in cash with (10.76 M) of positive cash flow from operations. |
Other Information on Investing in Bright Stock
Bright Kindle financial ratios help investors to determine whether Bright Stock 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 Bright with respect to the benefits of owning Bright Kindle security.