Butn (Australia) Chance of Future Stock Price Finishing Over 0.13
| BTN Stock | 0.07 0.00 0.00% |
Butn |
Butn Target Price Odds to finish over 0.13
The tendency of Butn 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 0.13 or more in 90 days |
| 0.07 | 90 days | 0.13 | near 1 |
Based on a normal probability distribution, the odds of Butn to move over 0.13 or more in 90 days from now is near 1 (This Butn probability density function shows the probability of Butn Stock to fall within a particular range of prices over 90 days) . Probability of Butn price to stay between its current price of 0.07 and 0.13 at the end of the 90-day period is about 30.29 .
Assuming the 90 days trading horizon Butn has a beta of -0.0538 suggesting as returns on the benchmark increase, returns on holding Butn are expected to decrease at a much lower rate. During a bear market, however, Butn is likely to outperform the market. Additionally Butn has an alpha of 0.1862, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Butn Price Density |
| Price |
Predictive Modules for Butn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Butn. 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.Butn Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Butn is not an exception. The market had few large corrections towards the Butn'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 Butn, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Butn within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Butn 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 Butn for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Butn can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Butn has some characteristics of a very speculative penny stock | |
| Butn had very high historical volatility over the last 90 days | |
| Butn has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 13.49 M. Net Loss for the year was (12.33 M) with profit before overhead, payroll, taxes, and interest of 5.41 M. | |
| Butn generates negative cash flow from operations | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Oracle AI Push Lands Meta As Customer. But Stock Falls On Narrow Earnings Miss. - MSN |
Butn 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 Butn Stock often depends not only on the future outlook of the current and potential Butn'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. Butn's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 196.2 M | |
| Cash And Short Term Investments | 13.4 M |
Butn Technical Analysis
Butn's future price can be derived by breaking down and analyzing its technical indicators over time. Butn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Butn. In general, you should focus on analyzing Butn Stock price patterns and their correlations with different microeconomic environments and drivers.
Butn Predictive Forecast Models
Butn's time-series forecasting models is one of many Butn'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 Butn'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 Butn
Checking the ongoing alerts about Butn for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Butn help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Butn has some characteristics of a very speculative penny stock | |
| Butn had very high historical volatility over the last 90 days | |
| Butn has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 13.49 M. Net Loss for the year was (12.33 M) with profit before overhead, payroll, taxes, and interest of 5.41 M. | |
| Butn generates negative cash flow from operations | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Oracle AI Push Lands Meta As Customer. But Stock Falls On Narrow Earnings Miss. - MSN |
Additional Tools for Butn Stock Analysis
When running Butn's price analysis, check to measure Butn'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 Butn is operating at the current time. Most of Butn's value examination focuses on studying past and present price action to predict the probability of Butn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butn's price. Additionally, you may evaluate how the addition of Butn to your portfolios can decrease your overall portfolio volatility.