Boat Rocker Media Stock Probability of Future Stock Price Finishing Under 0.63
| BRMI Stock | CAD 0.69 0.04 6.15% |
Boat |
Boat Rocker Target Price Odds to finish below 0.63
The tendency of Boat 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 C$ 0.63 or more in 90 days |
| 0.69 | 90 days | 0.63 | near 1 |
Based on a normal probability distribution, the odds of Boat Rocker to drop to C$ 0.63 or more in 90 days from now is near 1 (This Boat Rocker Media probability density function shows the probability of Boat Stock to fall within a particular range of prices over 90 days) . Probability of Boat Rocker Media price to stay between C$ 0.63 and its current price of C$0.69 at the end of the 90-day period is about 1.06 .
Assuming the 90 days trading horizon Boat Rocker has a beta of 0.51 suggesting as returns on the market go up, Boat Rocker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Boat Rocker Media will be expected to be much smaller as well. Additionally Boat Rocker Media 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. Boat Rocker Price Density |
| Price |
Predictive Modules for Boat Rocker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boat Rocker Media. 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.Boat Rocker Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boat Rocker is not an exception. The market had few large corrections towards the Boat Rocker'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 Boat Rocker Media, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boat Rocker within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.15 |
Boat Rocker 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 Boat Rocker for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boat Rocker Media can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boat Rocker Media generated a negative expected return over the last 90 days | |
| Boat Rocker Media has some characteristics of a very speculative penny stock | |
| Boat Rocker Media has high historical volatility and very poor performance | |
| Boat Rocker Media has high likelihood to experience some financial distress in the next 2 years | |
| Boat Rocker Media has accumulated 162.89 M in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Boat Rocker Media has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Boat Rocker until it has trouble settling it off, either with new capital or with free cash flow. So, Boat Rocker's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Boat Rocker Media sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Boat to invest in growth at high rates of return. When we think about Boat Rocker's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 475.41 M. Net Loss for the year was (32.11 M) with profit before overhead, payroll, taxes, and interest of 122.49 M. | |
| About 36.0% of Boat Rocker shares are held by company insiders | |
| Latest headline from news.google.com: Boat Rocker Media Third Quarter 2024 Earnings Misses Expectations - Yahoo Finance |
Boat Rocker 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 Boat Stock often depends not only on the future outlook of the current and potential Boat Rocker'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. Boat Rocker's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.3 M | |
| Cash And Short Term Investments | 74.1 M |
Boat Rocker Technical Analysis
Boat Rocker's future price can be derived by breaking down and analyzing its technical indicators over time. Boat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boat Rocker Media. In general, you should focus on analyzing Boat Stock price patterns and their correlations with different microeconomic environments and drivers.
Boat Rocker Predictive Forecast Models
Boat Rocker's time-series forecasting models is one of many Boat Rocker'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 Boat Rocker'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 Boat Rocker Media
Checking the ongoing alerts about Boat Rocker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boat Rocker Media help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boat Rocker Media generated a negative expected return over the last 90 days | |
| Boat Rocker Media has some characteristics of a very speculative penny stock | |
| Boat Rocker Media has high historical volatility and very poor performance | |
| Boat Rocker Media has high likelihood to experience some financial distress in the next 2 years | |
| Boat Rocker Media has accumulated 162.89 M in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Boat Rocker Media has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Boat Rocker until it has trouble settling it off, either with new capital or with free cash flow. So, Boat Rocker's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Boat Rocker Media sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Boat to invest in growth at high rates of return. When we think about Boat Rocker's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 475.41 M. Net Loss for the year was (32.11 M) with profit before overhead, payroll, taxes, and interest of 122.49 M. | |
| About 36.0% of Boat Rocker shares are held by company insiders | |
| Latest headline from news.google.com: Boat Rocker Media Third Quarter 2024 Earnings Misses Expectations - Yahoo Finance |
Other Information on Investing in Boat Stock
Boat Rocker financial ratios help investors to determine whether Boat 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 Boat with respect to the benefits of owning Boat Rocker security.