Brooge Holdings Stock Probability of Future Stock Price Finishing Over 1.572
| BROG Stock | USD 1.39 0.02 1.42% |
Brooge |
Brooge Holdings Target Price Odds to finish over 1.572
The tendency of Brooge 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 $ 1.57 or more in 90 days |
| 1.39 | 90 days | 1.57 | about 37.81 |
Based on a normal probability distribution, the odds of Brooge Holdings to move over $ 1.57 or more in 90 days from now is about 37.81 (This Brooge Holdings probability density function shows the probability of Brooge Stock to fall within a particular range of prices over 90 days) . Probability of Brooge Holdings price to stay between its current price of $ 1.39 and $ 1.57 at the end of the 90-day period is about 24.37 .
Given the investment horizon of 90 days Brooge Holdings has a beta of 0.24 suggesting as returns on the market go up, Brooge Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brooge Holdings will be expected to be much smaller as well. Additionally Brooge Holdings has an alpha of 0.8197, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Brooge Holdings Price Density |
| Price |
Predictive Modules for Brooge Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brooge Holdings. 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.Brooge Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brooge Holdings is not an exception. The market had few large corrections towards the Brooge Holdings' 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 Brooge Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brooge Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | 0.10 |
Brooge Holdings 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 Brooge Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brooge Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brooge Holdings is way too risky over 90 days horizon | |
| Brooge Holdings may become a speculative penny stock | |
| Brooge Holdings appears to be risky and price may revert if volatility continues | |
| Brooge Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Brooge Holdings currently holds 160.1 M in liabilities with Debt to Equity (D/E) ratio of 2.0, which is about average as compared to similar companies. Brooge Holdings has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Brooge Holdings' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 105.7 M. Net Loss for the year was (48.33 M) with profit before overhead, payroll, taxes, and interest of 56.85 M. |
Brooge Holdings 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 Brooge Stock often depends not only on the future outlook of the current and potential Brooge Holdings' 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. Brooge Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.6 M |
Brooge Holdings Technical Analysis
Brooge Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Brooge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brooge Holdings. In general, you should focus on analyzing Brooge Stock price patterns and their correlations with different microeconomic environments and drivers.
Brooge Holdings Predictive Forecast Models
Brooge Holdings' time-series forecasting models is one of many Brooge Holdings' 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 Brooge Holdings' 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 Brooge Holdings
Checking the ongoing alerts about Brooge Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brooge Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brooge Holdings is way too risky over 90 days horizon | |
| Brooge Holdings may become a speculative penny stock | |
| Brooge Holdings appears to be risky and price may revert if volatility continues | |
| Brooge Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Brooge Holdings currently holds 160.1 M in liabilities with Debt to Equity (D/E) ratio of 2.0, which is about average as compared to similar companies. Brooge Holdings has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Brooge Holdings' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 105.7 M. Net Loss for the year was (48.33 M) with profit before overhead, payroll, taxes, and interest of 56.85 M. |
Check out Brooge Holdings Backtesting, Brooge Holdings Valuation, Brooge Holdings Correlation, Brooge Holdings Hype Analysis, Brooge Holdings Volatility, Brooge Holdings History as well as Brooge Holdings Performance. For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Oil & Gas Storage & Transportation 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 Brooge Holdings. If investors know Brooge 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 Brooge Holdings 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 8.596 | Earnings Share (0.55) | Revenue Per Share 1.203 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0363 |
The market value of Brooge Holdings is measured differently than its book value, which is the value of Brooge that is recorded on the company's balance sheet. Investors also form their own opinion of Brooge Holdings' value that differs from its market value or its book value, called intrinsic value, which is Brooge Holdings' 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 Brooge Holdings' market value can be influenced by many factors that don't directly affect Brooge Holdings' 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 Brooge Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brooge Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooge Holdings' 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.