Boralex Inc Probability of Target Price Finishing Over Current Price

BRLXF -- USA Stock  

USD 16.78  0.00  0.00%

Boralex Inc probability of target price tool provides mechanism to make assumptions about upside and downside potential of Boralex Inc Cl A performance during a given time horizon utilizing its historical volatility. Please specify Boralex Inc time horizon, a valid symbol (red box) and a target price (blue box) you would like Boralex Inc odds to be computed. Check also Boralex Inc Backtesting, Boralex Inc Valuation, Boralex Inc Correlation, Boralex Inc Hype Analysis, Boralex Inc Volatility, Boralex Inc History as well as Boralex Inc Performance.
Horizon     30 Days    Login   to change
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Boralex Inc Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 16.78 30 days 16.78 
about 14.93
Based on normal probability distribution, the odds of Boralex Inc to move above current price in 30 days from now is about 14.93 (This Boralex Inc Cl A probability density function shows the probability of Boralex Inc OTC Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Boralex Inc has beta of 0.0909 . This suggests as returns on market go up, Boralex Inc average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Boralex Inc Cl A will be expected to be much smaller as well. Additionally The company has an alpha of 0.1443 implying that it can potentially generate 0.1443% excess return over DOW after adjusting for the inherited market risk (beta).
 Boralex Inc Price Density 
      Price 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.09
σ
Overall volatility
=0.76
Ir
Information ratio =0.19

Boralex Inc Alerts and Suggestions

Boralex Cl A has high likelihood to experience some financial distress in the next 2 years
Boralex Cl A has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported revenue of 346.54 M. Net Loss for the year was (12.03 M) with profit before overhead, payroll, taxes, and interest of 346 M.
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Boralex IncPrice Density Drivers

Trailing Annual Dividend Rate0.46
Float Shares86.68M
Average Daily Volume In Three Month371
Trailing Annual Dividend Yield2.75%
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