Brady Stock Chance of Future Stock Price Finishing Under 48.68
| BRC Stock | USD 73.90 1.74 2.30% |
Brady |
Brady Target Price Odds to finish below 48.68
The tendency of Brady 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 drop to $ 48.68 or more in 90 days |
| 73.90 | 90 days | 48.68 | near 1 |
Based on a normal probability distribution, the odds of Brady to drop to $ 48.68 or more in 90 days from now is near 1 (This Brady probability density function shows the probability of Brady Stock to fall within a particular range of prices over 90 days) . Probability of Brady price to stay between $ 48.68 and its current price of $73.9 at the end of the 90-day period is about 37.24 .
Considering the 90-day investment horizon Brady has a beta of 0.38 suggesting as returns on the market go up, Brady average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brady will be expected to be much smaller as well. Additionally Brady 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. Brady Price Density |
| Price |
Predictive Modules for Brady
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brady. 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.Brady Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brady is not an exception. The market had few large corrections towards the Brady'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 Brady, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brady within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.03 |
Brady 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 Brady for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brady can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brady generated a negative expected return over the last 90 days | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| On 31st of October 2024 Brady paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from bizjournals.com: Milwaukee manufacturer to add 60 employees in expansion project |
Brady 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 Brady Stock often depends not only on the future outlook of the current and potential Brady'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. Brady's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.5 M | |
| Cash And Short Term Investments | 250.1 M |
Brady Technical Analysis
Brady's future price can be derived by breaking down and analyzing its technical indicators over time. Brady Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brady. In general, you should focus on analyzing Brady Stock price patterns and their correlations with different microeconomic environments and drivers.
Brady Predictive Forecast Models
Brady's time-series forecasting models is one of many Brady'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 Brady'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 Brady
Checking the ongoing alerts about Brady for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brady help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brady generated a negative expected return over the last 90 days | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| On 31st of October 2024 Brady paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from bizjournals.com: Milwaukee manufacturer to add 60 employees in expansion project |
Check out Brady Backtesting, Brady Valuation, Brady Correlation, Brady Hype Analysis, Brady Volatility, Brady History as well as Brady Performance. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brady. If investors know Brady will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brady listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.154 | Earnings Share 4.07 | Revenue Per Share 27.877 | Quarterly Revenue Growth (0.01) | Return On Assets 0.1048 |
The market value of Brady is measured differently than its book value, which is the value of Brady that is recorded on the company's balance sheet. Investors also form their own opinion of Brady's value that differs from its market value or its book value, called intrinsic value, which is Brady's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brady's market value can be influenced by many factors that don't directly affect Brady's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brady's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brady is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brady's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.