BTC Health (Australia) Probability of Future Stock Price Finishing Under 0.05
| BTC Stock | 0.07 0.01 6.49% |
BTC |
BTC Health Target Price Odds to finish below 0.05
The tendency of BTC 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 drop to 0.05 or more in 90 days |
| 0.07 | 90 days | 0.05 | under 4 |
Based on a normal probability distribution, the odds of BTC Health to drop to 0.05 or more in 90 days from now is under 4 (This BTC Health Limited probability density function shows the probability of BTC Stock to fall within a particular range of prices over 90 days) . Probability of BTC Health Limited price to stay between 0.05 and its current price of 0.072 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days trading horizon BTC Health Limited has a beta of -0.32 suggesting as returns on the benchmark increase, returns on holding BTC Health are expected to decrease at a much lower rate. During a bear market, however, BTC Health Limited is likely to outperform the market. Additionally BTC Health Limited has an alpha of 0.4122, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BTC Health Price Density |
| Price |
Predictive Modules for BTC Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTC Health Limited. 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.BTC Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BTC Health is not an exception. The market had few large corrections towards the BTC Health'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 BTC Health Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BTC Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
BTC Health 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 BTC Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BTC Health Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BTC Health Limited has some characteristics of a very speculative penny stock | |
| BTC Health Limited had very high historical volatility over the last 90 days | |
| BTC Health Limited has accumulated about 1.74 M in cash with (404.76 K) of positive cash flow from operations. | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tesla, crypto miners, Hims Hers Health Trending Tickers - Yahoo Finance |
BTC Health 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 BTC Stock often depends not only on the future outlook of the current and potential BTC Health'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. BTC Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 316.5 M | |
| Cash And Short Term Investments | 2 M |
BTC Health Technical Analysis
BTC Health's future price can be derived by breaking down and analyzing its technical indicators over time. BTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BTC Health Limited. In general, you should focus on analyzing BTC Stock price patterns and their correlations with different microeconomic environments and drivers.
BTC Health Predictive Forecast Models
BTC Health's time-series forecasting models is one of many BTC Health'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 BTC Health'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 BTC Health Limited
Checking the ongoing alerts about BTC Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BTC Health Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BTC Health Limited has some characteristics of a very speculative penny stock | |
| BTC Health Limited had very high historical volatility over the last 90 days | |
| BTC Health Limited has accumulated about 1.74 M in cash with (404.76 K) of positive cash flow from operations. | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tesla, crypto miners, Hims Hers Health Trending Tickers - Yahoo Finance |
Additional Tools for BTC Stock Analysis
When running BTC Health's price analysis, check to measure BTC Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTC Health is operating at the current time. Most of BTC Health's value examination focuses on studying past and present price action to predict the probability of BTC Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Health's price. Additionally, you may evaluate how the addition of BTC Health to your portfolios can decrease your overall portfolio volatility.