Biome Grow Stock Probability of Future Pink Sheet Price Finishing Under 0.00
| BIOIF Stock | USD 0.01 0 94.74% |
Biome |
Biome Grow Target Price Odds to finish below 0.00
The tendency of Biome Pink Sheet 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 drop to $ 0.00 or more in 90 days |
| 0.01 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Biome Grow to drop to $ 0.00 or more in 90 days from now is near 1 (This Biome Grow probability density function shows the probability of Biome Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Biome Grow price to stay between $ 0.00 and its current price of $0.0074 at the end of the 90-day period is about 89.6 .
Assuming the 90 days horizon Biome Grow has a beta of -5.56 suggesting as returns on its benchmark rise, returns on holding Biome Grow are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Biome Grow is expected to outperform its benchmark. In addition to that Biome Grow has an alpha of 5.2269, implying that it can generate a 5.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Biome Grow Price Density |
| Price |
Predictive Modules for Biome Grow
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biome Grow. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Biome Grow Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Biome Grow is not an exception. The market had few large corrections towards the Biome Grow'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 Biome Grow, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Biome Grow within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.23 | |
β | Beta against Dow Jones | -5.56 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.13 |
Biome Grow 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 Biome Grow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Biome Grow can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Biome Grow is way too risky over 90 days horizon | |
| Biome Grow has some characteristics of a very speculative penny stock | |
| Biome Grow appears to be risky and price may revert if volatility continues | |
| Biome Grow has high likelihood to experience some financial distress in the next 2 years | |
| Biome Grow has accumulated 3.51 M in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. Biome Grow has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Biome Grow until it has trouble settling it off, either with new capital or with free cash flow. So, Biome Grow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Biome Grow sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Biome to invest in growth at high rates of return. When we think about Biome Grow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (139.93 K) with profit before overhead, payroll, taxes, and interest of 1.13 M. | |
| Biome Grow has accumulated about 2.1 M in cash with (1.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 47.0% of Biome Grow shares are held by company insiders |
Biome Grow 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 Biome Pink Sheet often depends not only on the future outlook of the current and potential Biome Grow'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. Biome Grow's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.4 M | |
| Short Long Term Debt | 3.5 M | |
| Shares Float | 74.6 M |
Biome Grow Technical Analysis
Biome Grow's future price can be derived by breaking down and analyzing its technical indicators over time. Biome Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Biome Grow. In general, you should focus on analyzing Biome Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Biome Grow Predictive Forecast Models
Biome Grow's time-series forecasting models is one of many Biome Grow's pink sheet 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 Biome Grow'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Biome Grow
Checking the ongoing alerts about Biome Grow for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Biome Grow help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Biome Grow is way too risky over 90 days horizon | |
| Biome Grow has some characteristics of a very speculative penny stock | |
| Biome Grow appears to be risky and price may revert if volatility continues | |
| Biome Grow has high likelihood to experience some financial distress in the next 2 years | |
| Biome Grow has accumulated 3.51 M in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. Biome Grow has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Biome Grow until it has trouble settling it off, either with new capital or with free cash flow. So, Biome Grow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Biome Grow sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Biome to invest in growth at high rates of return. When we think about Biome Grow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (139.93 K) with profit before overhead, payroll, taxes, and interest of 1.13 M. | |
| Biome Grow has accumulated about 2.1 M in cash with (1.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 47.0% of Biome Grow shares are held by company insiders |
Other Information on Investing in Biome Pink Sheet
Biome Grow financial ratios help investors to determine whether Biome Pink Sheet 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 Biome with respect to the benefits of owning Biome Grow security.