BG Staffing Probability of Target Price Finishing Over 20.94

BGSF -- USA Stock  

Fiscal Quarter End: December 31, 2019  

BG Staffing probability of target price tool provides mechanism to make assumptions about upside and downside potential of BG Staffing performance during a given time horizon utilizing its historical volatility. Please specify BG Staffing time horizon, a valid symbol (red box) and a target price (blue box) you would like BG Staffing odds to be computed. Check also BG Staffing Backtesting, BG Staffing Valuation, BG Staffing Correlation, BG Staffing Hype Analysis, BG Staffing Volatility, BG Staffing History as well as BG Staffing Performance.
Horizon     30 Days    Login   to change
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BG Staffing Target Price Odds to finish over 20.94

Current PriceHorizonTarget PriceOdds to move over $ 20.94  or more in 30 days
 20.74 30 days 20.94 
about 13.08
Based on normal probability distribution, the odds of BG Staffing to move over $ 20.94  or more in 30 days from now is about 13.08 (This BG Staffing probability density function shows the probability of BG Staffing Stock to fall within a particular range of prices over 30 days) . Probability of BG Staffing price to stay between its current price of $ 20.74  and $ 20.94  at the end of the 30-day period is about 5.63 .
Given the investment horizon of 30 days, the stock has beta coefficient of 1.42 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, BG Staffing will likely underperform. Additionally The company has an alpha of 0.0493 implying that it can potentially generate 0.0493% excess return over DOW after adjusting for the inherited market risk (beta).
 BG Staffing Price Density 
      Price 
α
Alpha over DOW
=0.049303
β
Beta against DOW=1.42
σ
Overall volatility
=0.86
Ir
Information ratio =0.032538

BG Staffing Alerts and Suggestions

About 13.0% of the company shares are held by company insiders
Latest headline from dxcnews.com: A Hedged Approach To Trading IntriCon Corporation , BG Staffing, Inc. - DXC News

BG StaffingPrice Density Drivers

Shares Percent Shares Out2.13%
Trailing Annual Dividend Rate1.20
Short Percent Of Float2.19%
Float Shares9.18M
Shares Short Prior Month255.3k
Average Daily Volume Last 10 Day43.44k
Average Daily Volume In Three Month46.67k
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield5.72%
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