Blue Ridge Bankshares Stock Probability of Future Stock Price Finishing Under 2.84
| BRBS Stock | USD 3.43 0.05 1.44% |
Blue |
Blue Ridge Target Price Odds to finish below 2.84
The tendency of Blue 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 $ 2.84 or more in 90 days |
| 3.43 | 90 days | 2.84 | about 28.27 |
Based on a normal probability distribution, the odds of Blue Ridge to drop to $ 2.84 or more in 90 days from now is about 28.27 (This Blue Ridge Bankshares probability density function shows the probability of Blue Stock to fall within a particular range of prices over 90 days) . Probability of Blue Ridge Bankshares price to stay between $ 2.84 and its current price of $3.43 at the end of the 90-day period is about 58.35 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.0 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, Blue Ridge will likely underperform. Additionally Blue Ridge Bankshares has an alpha of 0.1633, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blue Ridge Price Density |
| Price |
Predictive Modules for Blue Ridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Ridge Bankshares. 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.Blue Ridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Ridge is not an exception. The market had few large corrections towards the Blue Ridge'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 Blue Ridge Bankshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Ridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 2.00 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.10 |
Blue Ridge 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 Blue Ridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Ridge Bankshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blue Ridge has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 158.48 M. Net Loss for the year was (51.77 M) with profit before overhead, payroll, taxes, and interest of 140.6 M. | |
| Blue Ridge Bankshares currently holds about 111.62 M in cash with (4.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BRBS Momentum Rank 5 - GuruFocus.com |
Blue Ridge 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 Blue Stock often depends not only on the future outlook of the current and potential Blue Ridge'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. Blue Ridge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.9 M | |
| Cash And Short Term Investments | 114.9 M |
Blue Ridge Technical Analysis
Blue Ridge's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Ridge Bankshares. In general, you should focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environments and drivers.
Blue Ridge Predictive Forecast Models
Blue Ridge's time-series forecasting models is one of many Blue Ridge'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 Blue Ridge'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 Blue Ridge Bankshares
Checking the ongoing alerts about Blue Ridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Ridge Bankshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blue Ridge has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 158.48 M. Net Loss for the year was (51.77 M) with profit before overhead, payroll, taxes, and interest of 140.6 M. | |
| Blue Ridge Bankshares currently holds about 111.62 M in cash with (4.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BRBS Momentum Rank 5 - GuruFocus.com |
Additional Tools for Blue Stock Analysis
When running Blue Ridge's price analysis, check to measure Blue Ridge'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 Blue Ridge is operating at the current time. Most of Blue Ridge's value examination focuses on studying past and present price action to predict the probability of Blue Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Ridge's price. Additionally, you may evaluate how the addition of Blue Ridge to your portfolios can decrease your overall portfolio volatility.