Bactech Environmental Stock Probability of Future OTC Stock Price Finishing Over 0.0528
| BCCEF Stock | USD 0.02 0 11.00% |
BacTech |
BacTech Environmental Target Price Odds to finish over 0.0528
The tendency of BacTech OTC 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 Price | Horizon | Target Price | Odds to move over $ 0.05 or more in 90 days |
| 0.02 | 90 days | 0.05 | close to zero percent |
Based on a normal probability distribution, the odds of BacTech Environmental to move over $ 0.05 or more in 90 days from now is close to zero percent (This BacTech Environmental probability density function shows the probability of BacTech OTC Stock to fall within a particular range of prices over 90 days) . Probability of BacTech Environmental price to stay between its current price of $ 0.02 and $ 0.05 at the end of the 90-day period is about 33.12 .
Assuming the 90 days horizon BacTech Environmental has a beta of -0.77 suggesting as returns on the benchmark increase, returns on holding BacTech Environmental are expected to decrease at a much lower rate. During a bear market, however, BacTech Environmental is likely to outperform the market. Additionally BacTech Environmental has an alpha of 0.8154, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BacTech Environmental Price Density |
| Price |
Predictive Modules for BacTech Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BacTech Environmental. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 BacTech Environmental'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.
BacTech Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BacTech Environmental is not an exception. The market had few large corrections towards the BacTech Environmental'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 BacTech Environmental, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BacTech Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
BacTech Environmental 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 BacTech Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BacTech Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BacTech Environmental is way too risky over 90 days horizon | |
| BacTech Environmental has some characteristics of a very speculative penny stock | |
| BacTech Environmental appears to be risky and price may revert if volatility continues | |
| BacTech Environmental has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.6 M) with loss before overhead, payroll, taxes, and interest of (4.08 K). | |
| BacTech Environmental has accumulated about 1.7 M in cash with (2.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from stockhead.com.au: ASX Lunch Wrap China-driven mining rally offset by tech slump on Nvidia probe |
BacTech Environmental 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 BacTech OTC Stock often depends not only on the future outlook of the current and potential BacTech Environmental'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. BacTech Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 141.3 M | |
| Short Long Term Debt | 160 K | |
| Shares Float | 142.6 M |
BacTech Environmental Technical Analysis
BacTech Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. BacTech OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BacTech Environmental. In general, you should focus on analyzing BacTech OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
BacTech Environmental Predictive Forecast Models
BacTech Environmental's time-series forecasting models is one of many BacTech Environmental's otc 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 BacTech Environmental'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 otc stock market movement and maximize returns from investment trading.
Things to note about BacTech Environmental
Checking the ongoing alerts about BacTech Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BacTech Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BacTech Environmental is way too risky over 90 days horizon | |
| BacTech Environmental has some characteristics of a very speculative penny stock | |
| BacTech Environmental appears to be risky and price may revert if volatility continues | |
| BacTech Environmental has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.6 M) with loss before overhead, payroll, taxes, and interest of (4.08 K). | |
| BacTech Environmental has accumulated about 1.7 M in cash with (2.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from stockhead.com.au: ASX Lunch Wrap China-driven mining rally offset by tech slump on Nvidia probe |
Other Information on Investing in BacTech OTC Stock
BacTech Environmental financial ratios help investors to determine whether BacTech OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BacTech with respect to the benefits of owning BacTech Environmental security.