Brilliant Future (Sweden) Probability of Future Stock Price Finishing Under 1.51
| BRILL Stock | 4.70 0.04 0.84% |
Brilliant |
Brilliant Future Target Price Odds to finish below 1.51
The tendency of Brilliant 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 1.51 or more in 90 days |
| 4.70 | 90 days | 1.51 | near 1 |
Based on a normal probability distribution, the odds of Brilliant Future to drop to 1.51 or more in 90 days from now is near 1 (This Brilliant Future AB probability density function shows the probability of Brilliant Stock to fall within a particular range of prices over 90 days) . Probability of Brilliant Future price to stay between 1.51 and its current price of 4.7 at the end of the 90-day period is about 1.16 .
Assuming the 90 days trading horizon Brilliant Future has a beta of 0.0529 suggesting as returns on the market go up, Brilliant Future average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brilliant Future AB will be expected to be much smaller as well. Additionally Brilliant Future AB 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. Brilliant Future Price Density |
| Price |
Predictive Modules for Brilliant Future
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brilliant Future. 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.Brilliant Future Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brilliant Future is not an exception. The market had few large corrections towards the Brilliant Future'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 Brilliant Future AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brilliant Future within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.19 |
Brilliant Future 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 Brilliant Future for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brilliant Future can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brilliant Future generated a negative expected return over the last 90 days | |
| Brilliant Future has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 98.88 M. Net Loss for the year was (25.92 M) with profit before overhead, payroll, taxes, and interest of 10.95 M. | |
| Brilliant Future generates negative cash flow from operations | |
| About 70.0% of the company shares are held by company insiders |
Brilliant Future 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 Brilliant Stock often depends not only on the future outlook of the current and potential Brilliant Future'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. Brilliant Future's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.4 M | |
| Cash And Short Term Investments | 17.3 M |
Brilliant Future Technical Analysis
Brilliant Future's future price can be derived by breaking down and analyzing its technical indicators over time. Brilliant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brilliant Future AB. In general, you should focus on analyzing Brilliant Stock price patterns and their correlations with different microeconomic environments and drivers.
Brilliant Future Predictive Forecast Models
Brilliant Future's time-series forecasting models is one of many Brilliant Future'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 Brilliant Future'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 Brilliant Future
Checking the ongoing alerts about Brilliant Future for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brilliant Future help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brilliant Future generated a negative expected return over the last 90 days | |
| Brilliant Future has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 98.88 M. Net Loss for the year was (25.92 M) with profit before overhead, payroll, taxes, and interest of 10.95 M. | |
| Brilliant Future generates negative cash flow from operations | |
| About 70.0% of the company shares are held by company insiders |
Additional Tools for Brilliant Stock Analysis
When running Brilliant Future's price analysis, check to measure Brilliant Future'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 Brilliant Future is operating at the current time. Most of Brilliant Future's value examination focuses on studying past and present price action to predict the probability of Brilliant Future's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brilliant Future's price. Additionally, you may evaluate how the addition of Brilliant Future to your portfolios can decrease your overall portfolio volatility.