Brainsway Stock Probability of Future Pink Sheet Price Finishing Under 0.16
| BRSYF Stock | USD 8.53 5.38 170.79% |
BrainsWay |
BrainsWay Target Price Odds to finish below 0.16
The tendency of BrainsWay 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 $ 0.16 or more in 90 days |
| 8.53 | 90 days | 0.16 | near 1 |
Based on a normal probability distribution, the odds of BrainsWay to drop to $ 0.16 or more in 90 days from now is near 1 (This BrainsWay probability density function shows the probability of BrainsWay Pink Sheet to fall within a particular range of prices over 90 days) . Probability of BrainsWay price to stay between $ 0.16 and its current price of $8.53 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon BrainsWay has a beta of -3.39 suggesting as returns on its benchmark rise, returns on holding BrainsWay are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BrainsWay is expected to outperform its benchmark. In addition to that BrainsWay has an alpha of 3.7233, implying that it can generate a 3.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BrainsWay Price Density |
| Price |
Predictive Modules for BrainsWay
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BrainsWay. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BrainsWay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BrainsWay Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BrainsWay is not an exception. The market had few large corrections towards the BrainsWay'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 BrainsWay, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BrainsWay within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.72 | |
β | Beta against Dow Jones | -3.39 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | 0.15 |
BrainsWay 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 BrainsWay for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BrainsWay can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BrainsWay is way too risky over 90 days horizon | |
| BrainsWay appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 29.66 M. Net Loss for the year was (6.46 M) with profit before overhead, payroll, taxes, and interest of 24.35 M. | |
| About 20.0% of the company shares are held by company insiders |
BrainsWay 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 BrainsWay Pink Sheet often depends not only on the future outlook of the current and potential BrainsWay'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. BrainsWay's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.9 M |
BrainsWay Technical Analysis
BrainsWay's future price can be derived by breaking down and analyzing its technical indicators over time. BrainsWay Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BrainsWay. In general, you should focus on analyzing BrainsWay Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
BrainsWay Predictive Forecast Models
BrainsWay's time-series forecasting models is one of many BrainsWay'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 BrainsWay'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 BrainsWay
Checking the ongoing alerts about BrainsWay for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BrainsWay help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BrainsWay is way too risky over 90 days horizon | |
| BrainsWay appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 29.66 M. Net Loss for the year was (6.46 M) with profit before overhead, payroll, taxes, and interest of 24.35 M. | |
| About 20.0% of the company shares are held by company insiders |
Additional Information and Resources on Investing in BrainsWay Pink Sheet
When determining whether BrainsWay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BrainsWay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brainsway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brainsway Stock:Check out BrainsWay Backtesting, BrainsWay Valuation, BrainsWay Correlation, BrainsWay Hype Analysis, BrainsWay Volatility, BrainsWay History as well as BrainsWay Performance. For more detail on how to invest in BrainsWay Pink Sheet please use our How to Invest in BrainsWay guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.