Brickworks Probability of Target Price Finishing Over 8.22

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BRKWF -- USA Stock  

 Earnings Call 

Brickworks probability of target price tool provides mechanism to make assumptions about upside and downside potential of Brickworks performance during a given time horizon utilizing its historical volatility.

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Please specify Brickworks time horizon, a valid symbol (red box) and a target price (blue box) you would like Brickworks odds to be computed. Continue to Brickworks Backtesting, Brickworks Valuation, Brickworks Correlation, Brickworks Hype Analysis, Brickworks Volatility, Brickworks History as well as Brickworks Performance.
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Brickworks Target Price Odds to finish over 8.22

Current PriceHorizonTarget PriceOdds to stay above $ 8.22  in 30 days
 8.30 30 days 8.22 
about 66.79
Based on a normal probability distribution, the odds of Brickworks to stay above $ 8.22  in 30 days from now is about 66.79 (This Brickworks probability density function shows the probability of Brickworks OTC Stock to fall within a particular range of prices over 30 days) . Probability of Brickworks price to stay between $ 8.22  and its current price of $8.3 at the end of the 30-day period is roughly 2.28 .
Assuming the 30 trading days horizon, Brickworks has a beta of 0.44 suggesting as returns on the market go up, Brickworks average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brickworks will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this equity is not justified. Brickworks is significantly underperforming DOW.
 Brickworks Price Density 
      Price 
α
Alpha over DOW
=-0.57
β
Beta against DOW=0.44
σ
Overall volatility
=1.29
Ir
Information ratio =-0.17

Brickworks Alerts and Suggestions

Brickworks generates negative expected return over the last 30 days
Brickworks has high historical volatility and very poor performance
About 55.0% of the company shares are held by institutions such as insurance companies
Latest headline from Macroaxis: Is Brickworks outlook positive for August 2020

BrickworksPrice Density Drivers

Float Shares74.73M
Average Daily Volume In Three Month2
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