Bragg Gaming Group Stock Probability of Future Stock Price Finishing Under 3.31
| BRAG Stock | USD 3.28 0.06 1.80% |
Bragg |
Bragg Gaming Target Price Odds to finish below 3.31
The tendency of Bragg 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 $ 3.31 after 90 days |
| 3.28 | 90 days | 3.31 | about 1.72 |
Based on a normal probability distribution, the odds of Bragg Gaming to stay under $ 3.31 after 90 days from now is about 1.72 (This Bragg Gaming Group probability density function shows the probability of Bragg Stock to fall within a particular range of prices over 90 days) . Probability of Bragg Gaming Group price to stay between its current price of $ 3.28 and $ 3.31 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Bragg Gaming has a beta of 0.59 suggesting as returns on the market go up, Bragg Gaming average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bragg Gaming Group will be expected to be much smaller as well. Additionally Bragg Gaming Group 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. Bragg Gaming Price Density |
| Price |
Predictive Modules for Bragg Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bragg Gaming Group. 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.Bragg Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bragg Gaming is not an exception. The market had few large corrections towards the Bragg Gaming'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 Bragg Gaming Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bragg Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.57 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.15 |
Bragg Gaming 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 Bragg Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bragg Gaming Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bragg Gaming Group generated a negative expected return over the last 90 days | |
| Bragg Gaming Group has high historical volatility and very poor performance | |
| Bragg Gaming Group currently holds 3.28 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Bragg Gaming Group has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bragg Gaming's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 93.52 M. Net Loss for the year was (3.84 M) with profit before overhead, payroll, taxes, and interest of 45.08 M. | |
| Bragg Gaming Group has a poor financial position based on the latest SEC disclosures | |
| About 27.0% of Bragg Gaming shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Southern Black Girls and Womens Consortium Release 2024 Brag Report and Launch 25M Initiative |
Bragg Gaming 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 Bragg Stock often depends not only on the future outlook of the current and potential Bragg Gaming'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. Bragg Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.6 M | |
| Cash And Short Term Investments | 8.8 M |
Bragg Gaming Technical Analysis
Bragg Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Bragg Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bragg Gaming Group. In general, you should focus on analyzing Bragg Stock price patterns and their correlations with different microeconomic environments and drivers.
Bragg Gaming Predictive Forecast Models
Bragg Gaming's time-series forecasting models is one of many Bragg Gaming'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 Bragg Gaming'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 Bragg Gaming Group
Checking the ongoing alerts about Bragg Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bragg Gaming Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bragg Gaming Group generated a negative expected return over the last 90 days | |
| Bragg Gaming Group has high historical volatility and very poor performance | |
| Bragg Gaming Group currently holds 3.28 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Bragg Gaming Group has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bragg Gaming's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 93.52 M. Net Loss for the year was (3.84 M) with profit before overhead, payroll, taxes, and interest of 45.08 M. | |
| Bragg Gaming Group has a poor financial position based on the latest SEC disclosures | |
| About 27.0% of Bragg Gaming shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Southern Black Girls and Womens Consortium Release 2024 Brag Report and Launch 25M Initiative |
Check out Bragg Gaming Backtesting, Bragg Gaming Valuation, Bragg Gaming Correlation, Bragg Gaming Hype Analysis, Bragg Gaming Volatility, Bragg Gaming History as well as Bragg Gaming Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bragg Gaming. If investors know Bragg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bragg Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.095 | Earnings Share (0.23) | Revenue Per Share 4.043 | Quarterly Revenue Growth 0.005 | Return On Assets (0.02) |
The market value of Bragg Gaming Group is measured differently than its book value, which is the value of Bragg that is recorded on the company's balance sheet. Investors also form their own opinion of Bragg Gaming's value that differs from its market value or its book value, called intrinsic value, which is Bragg Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bragg Gaming's market value can be influenced by many factors that don't directly affect Bragg Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bragg Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bragg Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bragg Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.