Bravada Gold Stock Probability of Future Stock Price Finishing Over 38.08
| BVA Stock | CAD 0.01 0.01 25.00% |
Bravada |
Bravada Gold Target Price Odds to finish over 38.08
The tendency of Bravada 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 over C$ 38.08 or more in 90 days |
| 0.01 | 90 days | 38.08 | close to zero percent |
Based on a normal probability distribution, the odds of Bravada Gold to move over C$ 38.08 or more in 90 days from now is close to zero percent (This Bravada Gold probability density function shows the probability of Bravada Stock to fall within a particular range of prices over 90 days) . Probability of Bravada Gold price to stay between its current price of C$ 0.01 and C$ 38.08 at the end of the 90-day period is over 95.23 .
Assuming the 90 days horizon Bravada Gold has a beta of -4.26 suggesting as returns on its benchmark rise, returns on holding Bravada Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Bravada Gold is expected to outperform its benchmark. Additionally Bravada Gold has an alpha of 0.3114, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bravada Gold Price Density |
| Price |
Predictive Modules for Bravada Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bravada Gold. 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.Bravada Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bravada Gold is not an exception. The market had few large corrections towards the Bravada Gold'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 Bravada Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bravada Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -4.26 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Bravada Gold 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 Bravada Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bravada Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bravada Gold had very high historical volatility over the last 90 days | |
| Bravada Gold has some characteristics of a very speculative penny stock | |
| Bravada Gold has a very high chance of going through financial distress in the upcoming years | |
| Bravada Gold has accumulated 949 K in total debt. Bravada Gold has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bravada Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Bravada Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bravada Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bravada to invest in growth at high rates of return. When we think about Bravada Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (506.83 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bravada Gold has accumulated about 138.87 K in cash with (451.55 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Bravada Gold Extends Placement, Advances Nevada Project - TipRanks |
Bravada Gold 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 Bravada Stock often depends not only on the future outlook of the current and potential Bravada Gold'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. Bravada Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 148.1 M |
Bravada Gold Technical Analysis
Bravada Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Bravada Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bravada Gold. In general, you should focus on analyzing Bravada Stock price patterns and their correlations with different microeconomic environments and drivers.
Bravada Gold Predictive Forecast Models
Bravada Gold's time-series forecasting models is one of many Bravada Gold'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 Bravada Gold'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 Bravada Gold
Checking the ongoing alerts about Bravada Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bravada Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bravada Gold had very high historical volatility over the last 90 days | |
| Bravada Gold has some characteristics of a very speculative penny stock | |
| Bravada Gold has a very high chance of going through financial distress in the upcoming years | |
| Bravada Gold has accumulated 949 K in total debt. Bravada Gold has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bravada Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Bravada Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bravada Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bravada to invest in growth at high rates of return. When we think about Bravada Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (506.83 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bravada Gold has accumulated about 138.87 K in cash with (451.55 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Bravada Gold Extends Placement, Advances Nevada Project - TipRanks |
Additional Tools for Bravada Stock Analysis
When running Bravada Gold's price analysis, check to measure Bravada Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bravada Gold is operating at the current time. Most of Bravada Gold's value examination focuses on studying past and present price action to predict the probability of Bravada Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bravada Gold's price. Additionally, you may evaluate how the addition of Bravada Gold to your portfolios can decrease your overall portfolio volatility.