Bio Key International Stock Odds of Future Stock Price Finishing Over 36.31
| BKYI Stock | USD 1.09 0.08 7.92% |
BIO |
BIO Key Target Price Odds to finish over 36.31
The tendency of BIO 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 $ 36.31 or more in 90 days |
| 1.09 | 90 days | 36.31 | close to zero percent |
Based on a normal probability distribution, the odds of BIO Key to move over $ 36.31 or more in 90 days from now is close to zero percent (This BIO Key International probability density function shows the probability of BIO Stock to fall within a particular range of prices over 90 days) . Probability of BIO Key International price to stay between its current price of $ 1.09 and $ 36.31 at the end of the 90-day period is about 21.49 .
Given the investment horizon of 90 days BIO Key International has a beta of -1.2 suggesting as returns on its benchmark rise, returns on holding BIO Key International are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BIO Key is expected to outperform its benchmark. Additionally BIO Key International has an alpha of 0.5762, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BIO Key Price Density |
| Price |
Predictive Modules for BIO Key
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BIO Key International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 BIO Key'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.
BIO Key Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BIO Key is not an exception. The market had few large corrections towards the BIO Key'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 BIO Key International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BIO Key within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -1.2 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.04 |
BIO Key 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 BIO Key for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BIO Key International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BIO Key is way too risky over 90 days horizon | |
| BIO Key has some characteristics of a very speculative penny stock | |
| BIO Key appears to be risky and price may revert if volatility continues | |
| BIO Key has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.75 M. Net Loss for the year was (8.52 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| BIO Key International currently holds about 4.89 M in cash with (3.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. | |
| BIO Key has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: BIO-Key Responds to the Cry for Secure Authentication with New Passwordless Options at the 2024 Gartner Identity Access Management Summit North America |
BIO Key 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 BIO Stock often depends not only on the future outlook of the current and potential BIO Key'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. BIO Key's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 560.3 K | |
| Cash And Short Term Investments | 511.4 K |
BIO Key Technical Analysis
BIO Key's future price can be derived by breaking down and analyzing its technical indicators over time. BIO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BIO Key International. In general, you should focus on analyzing BIO Stock price patterns and their correlations with different microeconomic environments and drivers.
BIO Key Predictive Forecast Models
BIO Key's time-series forecasting models is one of many BIO Key's 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 BIO Key'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 stock market movement and maximize returns from investment trading.
Things to note about BIO Key International
Checking the ongoing alerts about BIO Key for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BIO Key International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BIO Key is way too risky over 90 days horizon | |
| BIO Key has some characteristics of a very speculative penny stock | |
| BIO Key appears to be risky and price may revert if volatility continues | |
| BIO Key has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.75 M. Net Loss for the year was (8.52 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| BIO Key International currently holds about 4.89 M in cash with (3.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. | |
| BIO Key has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: BIO-Key Responds to the Cry for Secure Authentication with New Passwordless Options at the 2024 Gartner Identity Access Management Summit North America |
Check out BIO Key Backtesting, BIO Key Valuation, BIO Key Correlation, BIO Key Hype Analysis, BIO Key Volatility, BIO Key History as well as BIO Key Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIO Key. If investors know BIO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIO Key listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.66) | Revenue Per Share 6.323 | Quarterly Revenue Growth (0.41) | Return On Assets (0.56) | Return On Equity (4.58) |
The market value of BIO Key International is measured differently than its book value, which is the value of BIO that is recorded on the company's balance sheet. Investors also form their own opinion of BIO Key's value that differs from its market value or its book value, called intrinsic value, which is BIO Key's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIO Key's market value can be influenced by many factors that don't directly affect BIO Key's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIO Key's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIO Key is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIO Key's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.