Ricochet Trader Logo


External Links

Google Quotes

Google News

Reuters News

Yahoo News

Yahoo Quotes

#4) BRUSH ENGINEERED MAT(BW) Forecast Chart for Aug 14, 2017*
Top Buys Chart Navigation
Prev Buy Next Buy

August 11, 2017 (RicochetTrader.com)

Forecast chart for BRUSH ENGINEERED MAT ( BW ) for the next 15 trading days, starting on August 14, 2017

On August 11, 2017 BRUSH ENGINEERED MAT had a closing price of $2.91 with 8,404,381 shares traded. The trading liquidity was $24.46M. The forecast predicted average opening price for trading date August 14, 2017 is $2.99.

Summary Information for BRUSH ENGINEERED MAT ( BW ).

Summary of the 10th percentile net composite return.
The best expected daily return of 6.5749% occurs on day 3 where there is a 10% chance that BW will rise to $4.39 (+46.75%) and there is a 10% chance it will fall to $2.22 (-25.70%). There is a 20% that BW will cross one of these price levels in 3 days, and adding the returns of +46.75% and -25.70% yields a net composite return of 21.05%. A net return of 21.05% in 3 days is an EDR of 6.5749% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 2.4908% occurs on day 3 where there is a 20% chance that BW will rise to $3.74 (+25.24%) and there is a 20% chance it will fall to $2.46 (-17.58%). There is a 40% that BW will cross one of these price levels in 3 days, and adding the returns of +25.24% and -17.58% yields a net composite return of 7.66%. A net return of 7.66% in 3 days is an EDR of 2.4908% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 1.0327% occurs on day 10 where there is a 30% chance that BW will rise to $3.74 (+25.09%) and there is a 30% chance it will fall to $2.56 (-14.27%). There is a 60% that BW will cross one of these price levels in 10 days, and adding the returns of +25.09% and -14.27% yields a net composite return of 10.82%. A net return of 10.82% in 10 days is an EDR of 1.0327% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -1.1286% occurs on day 2 where there is a 40% chance that BW will rise to $3.20 (+6.97%) and there is a 40% chance it will fall to $2.71 (-9.24%). There is a 80% that BW will cross one of these price levels in 2 days, and adding the returns of +6.97% and -9.24% yields a net composite return of -2.27%. A net return of -2.27% in 2 days is an EDR of -1.1286% per day.

* The forecast for BRUSH ENGINEERED MAT (BW) was made using market data after the close on August 11, 2017 but is generated for the next trading day, or August 14, 2017