BRAGG GAMING (Germany) Probability of Future Stock Price Finishing Under 4.54
| SL4 Stock | 3.28 0.08 2.38% |
BRAGG |
BRAGG GAMING Target Price Odds to finish below 4.54
The tendency of BRAGG 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 4.54 after 90 days |
| 3.28 | 90 days | 4.54 | about 88.57 |
Based on a normal probability distribution, the odds of BRAGG GAMING to stay under 4.54 after 90 days from now is about 88.57 (This BRAGG GAMING GRP probability density function shows the probability of BRAGG Stock to fall within a particular range of prices over 90 days) . Probability of BRAGG GAMING GRP price to stay between its current price of 3.28 and 4.54 at the end of the 90-day period is about 71.91 .
Assuming the 90 days horizon BRAGG GAMING has a beta of 0.16. This usually implies as returns on the market go up, BRAGG GAMING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BRAGG GAMING GRP will be expected to be much smaller as well. Additionally BRAGG GAMING GRP 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. BRAGG GAMING Price Density |
| Price |
Predictive Modules for BRAGG GAMING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BRAGG GAMING GRP. 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.BRAGG GAMING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BRAGG GAMING is not an exception. The market had few large corrections towards the BRAGG GAMING'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 BRAGG GAMING GRP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BRAGG GAMING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.11 |
BRAGG GAMING 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 BRAGG GAMING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BRAGG GAMING GRP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BRAGG GAMING GRP generated a negative expected return over the last 90 days | |
| BRAGG GAMING GRP has high historical volatility and very poor performance | |
| BRAGG GAMING GRP has high likelihood to experience some financial distress in the next 2 years | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
BRAGG GAMING Technical Analysis
BRAGG GAMING's future price can be derived by breaking down and analyzing its technical indicators over time. BRAGG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BRAGG GAMING GRP. In general, you should focus on analyzing BRAGG Stock price patterns and their correlations with different microeconomic environments and drivers.
BRAGG GAMING Predictive Forecast Models
BRAGG GAMING's time-series forecasting models is one of many BRAGG GAMING'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 BRAGG GAMING'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 BRAGG GAMING GRP
Checking the ongoing alerts about BRAGG GAMING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BRAGG GAMING GRP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BRAGG GAMING GRP generated a negative expected return over the last 90 days | |
| BRAGG GAMING GRP has high historical volatility and very poor performance | |
| BRAGG GAMING GRP has high likelihood to experience some financial distress in the next 2 years | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in BRAGG Stock
BRAGG GAMING financial ratios help investors to determine whether BRAGG 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 BRAGG with respect to the benefits of owning BRAGG GAMING security.