Bright Green Corp Probability of Future Stock Price Finishing Over 0.053
| BGXXDelisted Stock | USD 0.05 0.00 0.00% |
Bright |
Bright Green Target Price Odds to finish over 0.053
The tendency of Bright 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 above the current price in 90 days |
| 0.05 | 90 days | 0.05 | close to 99 |
Based on a normal probability distribution, the odds of Bright Green to move above the current price in 90 days from now is close to 99 (This Bright Green Corp probability density function shows the probability of Bright Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Bright Green has a beta of 0.17 suggesting as returns on the market go up, Bright Green average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bright Green Corp will be expected to be much smaller as well. Additionally Bright Green Corp 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. Bright Green Price Density |
| Price |
Predictive Modules for Bright Green
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bright Green Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bright Green'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.
Bright Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bright Green is not an exception. The market had few large corrections towards the Bright Green'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 Bright Green Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bright Green within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.72 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.14 |
Bright Green 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 Bright Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bright Green Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bright Green Corp is not yet fully synchronised with the market data | |
| Bright Green Corp has some characteristics of a very speculative penny stock | |
| Bright Green Corp has a very high chance of going through financial distress in the upcoming years | |
| Bright Green Corp currently holds 1.85 M in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. Bright Green Corp has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bright Green's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 401.49 K. Net Loss for the year was (13.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bright Green Corp currently holds about 178.97 K in cash with (2.46 M) of positive cash flow from operations. | |
| Roughly 62.0% of Bright Green shares are held by company insiders |
Bright Green 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 Bright Stock often depends not only on the future outlook of the current and potential Bright Green'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. Bright Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 180.6 M | |
| Cash And Short Term Investments | 10.1 K |
Bright Green Technical Analysis
Bright Green's future price can be derived by breaking down and analyzing its technical indicators over time. Bright Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bright Green Corp. In general, you should focus on analyzing Bright Stock price patterns and their correlations with different microeconomic environments and drivers.
Bright Green Predictive Forecast Models
Bright Green's time-series forecasting models is one of many Bright Green'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 Bright Green'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 Bright Green Corp
Checking the ongoing alerts about Bright Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bright Green Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bright Green Corp is not yet fully synchronised with the market data | |
| Bright Green Corp has some characteristics of a very speculative penny stock | |
| Bright Green Corp has a very high chance of going through financial distress in the upcoming years | |
| Bright Green Corp currently holds 1.85 M in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. Bright Green Corp has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bright Green's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 401.49 K. Net Loss for the year was (13.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bright Green Corp currently holds about 178.97 K in cash with (2.46 M) of positive cash flow from operations. | |
| Roughly 62.0% of Bright Green shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Green Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bright Green's history and understand the potential risks before investing.
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