Brightcove Stock Probability of Future Stock Price Finishing Over 9.55

BCOV Stock  USD 1.99  0.04  2.05%   
Brightcove's implied volatility is one of the determining factors in the pricing options written on Brightcove. Implied volatility approximates the future value of Brightcove based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Brightcove over a specific time period. For example, 2024-04-19 PUT at $5.0 is a PUT option contract on Brightcove's common stock with a strick price of 5.0 expiring on 2024-04-19. The contract was not traded in recent days and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $2.4, and an ask price of $3.2. The implied volatility as of the 28th of March is 326.7. View All Brightcove options

Closest to current price Brightcove long PUT Option Payoff at Expiration

Brightcove's future price is the expected price of Brightcove instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Brightcove performance during a given time horizon utilizing its historical volatility. Check out Brightcove Backtesting, Brightcove Valuation, Brightcove Correlation, Brightcove Hype Analysis, Brightcove Volatility, Brightcove History as well as Brightcove Performance.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.
  
Price Earnings Ratio is likely to drop to -5.12 in 2024. Price To Sales Ratio is likely to drop to 0.53 in 2024. Please specify Brightcove's target price for which you would like Brightcove odds to be computed.

Brightcove Target Price Odds to finish over 9.55

The tendency of Brightcove 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 PriceHorizonTarget PriceOdds to move over $ 9.55  or more in 90 days
 1.99 90 days 9.55 
close to zero percent
Based on a normal probability distribution, the odds of Brightcove to move over $ 9.55  or more in 90 days from now is close to zero percent (This Brightcove probability density function shows the probability of Brightcove Stock to fall within a particular range of prices over 90 days) . Probability of Brightcove price to stay between its current price of $ 1.99  and $ 9.55  at the end of the 90-day period is about 86.23 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.3 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Brightcove will likely underperform. Additionally Brightcove has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Brightcove Price Density   
       Price  

Predictive Modules for Brightcove

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brightcove. 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 Brightcove'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.
Hype
Prediction
LowEstimatedHigh
0.102.045.79
Details
Intrinsic
Valuation
LowRealHigh
0.163.166.91
Details
2 Analysts
Consensus
LowTargetHigh
6.377.007.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brightcove. Your research has to be compared to or analyzed against Brightcove's peers to derive any actionable benefits. When done correctly, Brightcove's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Brightcove.

Brightcove Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Brightcove is not an exception. The market had few large corrections towards the Brightcove'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 Brightcove, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brightcove within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.58
β
Beta against NYSE Composite2.30
σ
Overall volatility
0.22
Ir
Information ratio -0.11

Brightcove 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 Brightcove for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brightcove can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Brightcove generated a negative expected return over the last 90 days
Brightcove may become a speculative penny stock
Brightcove has high historical volatility and very poor performance
The company currently holds 21.84 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Brightcove has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Brightcove until it has trouble settling it off, either with new capital or with free cash flow. So, Brightcove'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 Brightcove sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brightcove to invest in growth at high rates of return. When we think about Brightcove's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 201.19 M. Net Loss for the year was (22.89 M) with profit before overhead, payroll, taxes, and interest of 133.94 M.
Over 81.0% of Brightcove shares are held by institutions such as insurance companies
Latest headline from businesswire.com: Brightcove lance Cloud Playout 2.0, offrant aux entreprises mdiatiques une exprience unique leur permettant de crer, de distribuer et de montiser des chanes linaires

Brightcove 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 Brightcove Stock often depends not only on the future outlook of the current and potential Brightcove'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. Brightcove's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding43.1 M
Cash And Short Term Investments18.6 M

Brightcove Technical Analysis

Brightcove's future price can be derived by breaking down and analyzing its technical indicators over time. Brightcove Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brightcove. In general, you should focus on analyzing Brightcove Stock price patterns and their correlations with different microeconomic environments and drivers.

Brightcove Predictive Forecast Models

Brightcove's time-series forecasting models is one of many Brightcove'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 Brightcove'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 Brightcove

Checking the ongoing alerts about Brightcove for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brightcove help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Brightcove generated a negative expected return over the last 90 days
Brightcove may become a speculative penny stock
Brightcove has high historical volatility and very poor performance
The company currently holds 21.84 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Brightcove has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Brightcove until it has trouble settling it off, either with new capital or with free cash flow. So, Brightcove'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 Brightcove sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brightcove to invest in growth at high rates of return. When we think about Brightcove's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 201.19 M. Net Loss for the year was (22.89 M) with profit before overhead, payroll, taxes, and interest of 133.94 M.
Over 81.0% of Brightcove shares are held by institutions such as insurance companies
Latest headline from businesswire.com: Brightcove lance Cloud Playout 2.0, offrant aux entreprises mdiatiques une exprience unique leur permettant de crer, de distribuer et de montiser des chanes linaires
When determining whether Brightcove is a strong investment it is important to analyze Brightcove's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brightcove's future performance. For an informed investment choice regarding Brightcove Stock, refer to the following important reports:
Check out Brightcove Backtesting, Brightcove Valuation, Brightcove Correlation, Brightcove Hype Analysis, Brightcove Volatility, Brightcove History as well as Brightcove Performance.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Brightcove's price analysis, check to measure Brightcove'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 Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.
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Is Brightcove's industry 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 Brightcove. If investors know Brightcove 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 Brightcove 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
(0.79)
Earnings Share
(0.53)
Revenue Per Share
4.665
Quarterly Revenue Growth
0.019
Return On Assets
(0.05)
The market value of Brightcove is measured differently than its book value, which is the value of Brightcove that is recorded on the company's balance sheet. Investors also form their own opinion of Brightcove's value that differs from its market value or its book value, called intrinsic value, which is Brightcove'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 Brightcove's market value can be influenced by many factors that don't directly affect Brightcove'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 Brightcove's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightcove is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightcove'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.