Brooge Energy Limited Stock Probability of Future Stock Price Finishing Under 0.0039
| BROGW Stock | USD 0 0.00 0.00% |
Brooge |
Brooge Energy Target Price Odds to finish below 0.0039
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 stay under $ 0 after 90 days |
| 0 | 90 days | 0 | about 76.52 |
Based on a normal probability distribution, the odds of Brooge Energy to stay under $ 0 after 90 days from now is about 76.52 (This Brooge Energy Limited probability density function shows the probability of Brooge Stock to fall within a particular range of prices over 90 days) . Probability of Brooge Energy Limited price to stay between its current price of $ 0 and $ 0 at the end of the 90-day period is about 43.31 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.67 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, Brooge Energy will likely underperform. In addition to that Brooge Energy Limited has an alpha of 5.1001, implying that it can generate a 5.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Brooge Energy Price Density |
| Price |
Predictive Modules for Brooge Energy
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 Energy Limited. 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 Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brooge Energy is not an exception. The market had few large corrections towards the Brooge Energy'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 Brooge Energy Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brooge Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.10 | |
β | Beta against Dow Jones | 2.67 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.16 |
Brooge Energy 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 Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brooge Energy Limited 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 Energy is way too risky over 90 days horizon | |
| Brooge Energy has some characteristics of a very speculative penny stock | |
| Brooge Energy appears to be risky and price may revert if volatility continues | |
| Brooge Energy has high likelihood to experience some financial distress in the next 2 years | |
| Brooge Energy Limited has accumulated 160.1 M in total debt with debt to equity ratio (D/E) of 1.17, which is about average as compared to similar companies. Brooge Energy Limited has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Brooge Energy's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 105.7 M. Net Loss for the year was (48.33 M) with profit before overhead, payroll, taxes, and interest of 0. |
Brooge Energy 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 Energy'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. Brooge Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.6 M |
Brooge Energy Technical Analysis
Brooge Energy's 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 Energy Limited. In general, you should focus on analyzing Brooge Stock price patterns and their correlations with different microeconomic environments and drivers.
Brooge Energy Predictive Forecast Models
Brooge Energy's time-series forecasting models is one of many Brooge Energy'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 Brooge Energy'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 Brooge Energy Limited
Checking the ongoing alerts about Brooge Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brooge Energy Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brooge Energy is way too risky over 90 days horizon | |
| Brooge Energy has some characteristics of a very speculative penny stock | |
| Brooge Energy appears to be risky and price may revert if volatility continues | |
| Brooge Energy has high likelihood to experience some financial distress in the next 2 years | |
| Brooge Energy Limited has accumulated 160.1 M in total debt with debt to equity ratio (D/E) of 1.17, which is about average as compared to similar companies. Brooge Energy Limited has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Brooge Energy's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 105.7 M. Net Loss for the year was (48.33 M) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Brooge Stock Analysis
When running Brooge Energy's price analysis, check to measure Brooge Energy'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 Brooge Energy is operating at the current time. Most of Brooge Energy's value examination focuses on studying past and present price action to predict the probability of Brooge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brooge Energy's price. Additionally, you may evaluate how the addition of Brooge Energy to your portfolios can decrease your overall portfolio volatility.