Brimstone Investment (South Africa) Probability of Future Stock Price Finishing Over 507.63
| BRN Stock | 505.00 3.00 0.60% |
Brimstone |
Brimstone Investment Target Price Odds to finish over 507.63
The tendency of Brimstone 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 move over 507.63 or more in 90 days |
| 505.00 | 90 days | 507.63 | about 87.63 |
Based on a normal probability distribution, the odds of Brimstone Investment to move over 507.63 or more in 90 days from now is about 87.63 (This Brimstone Investment probability density function shows the probability of Brimstone Stock to fall within a particular range of prices over 90 days) . Probability of Brimstone Investment price to stay between its current price of 505.00 and 507.63 at the end of the 90-day period is roughly 2.55 .
Assuming the 90 days trading horizon Brimstone Investment has a beta of 0.27 suggesting as returns on the market go up, Brimstone Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brimstone Investment will be expected to be much smaller as well. Additionally Brimstone Investment 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. Brimstone Investment Price Density |
| Price |
Predictive Modules for Brimstone Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brimstone Investment. 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.Brimstone Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brimstone Investment is not an exception. The market had few large corrections towards the Brimstone Investment'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 Brimstone Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brimstone Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 19.46 | |
Ir | Information ratio | -0.07 |
Brimstone Investment 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 Brimstone Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brimstone Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brimstone Investment generated a negative expected return over the last 90 days | |
| Brimstone Investment has high historical volatility and very poor performance | |
| About 47.0% of the company shares are held by company insiders |
Brimstone Investment 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 Brimstone Stock often depends not only on the future outlook of the current and potential Brimstone Investment'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. Brimstone Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 250.9 M | |
| Cash And Short Term Investments | 234.9 M |
Brimstone Investment Technical Analysis
Brimstone Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Brimstone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brimstone Investment. In general, you should focus on analyzing Brimstone Stock price patterns and their correlations with different microeconomic environments and drivers.
Brimstone Investment Predictive Forecast Models
Brimstone Investment's time-series forecasting models is one of many Brimstone Investment'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 Brimstone Investment'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 Brimstone Investment
Checking the ongoing alerts about Brimstone Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brimstone Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brimstone Investment generated a negative expected return over the last 90 days | |
| Brimstone Investment has high historical volatility and very poor performance | |
| About 47.0% of the company shares are held by company insiders |
Other Information on Investing in Brimstone Stock
Brimstone Investment financial ratios help investors to determine whether Brimstone 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 Brimstone with respect to the benefits of owning Brimstone Investment security.