Brownies Marine Group Stock Probability of Future Pink Sheet Price Finishing Under 0.005517
| BWMG Stock | USD 0.01 0 33.33% |
Brownies |
Brownies Marine Target Price Odds to finish below 0.005517
The tendency of Brownies Pink Sheet 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 $ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 11.29 |
Based on a normal probability distribution, the odds of Brownies Marine to drop to $ 0.01 or more in 90 days from now is about 11.29 (This Brownies Marine Group probability density function shows the probability of Brownies Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Brownies Marine Group price to stay between $ 0.01 and its current price of $0.008 at the end of the 90-day period is about 16.72 .
Given the investment horizon of 90 days Brownies Marine Group has a beta of -23.64 suggesting as returns on its benchmark rise, returns on holding Brownies Marine Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Brownies Marine is expected to outperform its benchmark. In addition to that Brownies Marine Group has an alpha of 67.9578, implying that it can generate a 67.96 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Brownies Marine Price Density |
| Price |
Predictive Modules for Brownies Marine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brownies Marine Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Brownies Marine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brownies Marine is not an exception. The market had few large corrections towards the Brownies Marine'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 Brownies Marine Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brownies Marine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 67.96 | |
β | Beta against Dow Jones | -23.64 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.17 |
Brownies Marine 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 Brownies Marine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brownies Marine Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brownies Marine is way too risky over 90 days horizon | |
| Brownies Marine has some characteristics of a very speculative penny stock | |
| Brownies Marine appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 6.23 M. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 1.89 M. | |
| Brownies Marine Group currently holds about 574.57 K in cash with (769.47 K) of positive cash flow from operations. | |
| Roughly 60.0% of the company shares are held by company insiders |
Brownies Marine 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 Brownies Pink Sheet often depends not only on the future outlook of the current and potential Brownies Marine'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. Brownies Marine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 393.9 M |
Brownies Marine Technical Analysis
Brownies Marine's future price can be derived by breaking down and analyzing its technical indicators over time. Brownies Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brownies Marine Group. In general, you should focus on analyzing Brownies Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Brownies Marine Predictive Forecast Models
Brownies Marine's time-series forecasting models is one of many Brownies Marine's pink sheet 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 Brownies Marine'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Brownies Marine Group
Checking the ongoing alerts about Brownies Marine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brownies Marine Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brownies Marine is way too risky over 90 days horizon | |
| Brownies Marine has some characteristics of a very speculative penny stock | |
| Brownies Marine appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 6.23 M. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 1.89 M. | |
| Brownies Marine Group currently holds about 574.57 K in cash with (769.47 K) of positive cash flow from operations. | |
| Roughly 60.0% of the company shares are held by company insiders |
Other Information on Investing in Brownies Pink Sheet
Brownies Marine financial ratios help investors to determine whether Brownies Pink Sheet 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 Brownies with respect to the benefits of owning Brownies Marine security.