Bynordic Acquisition Corp Stock Probability of Future Stock Price Finishing Under 11.04
| BYNO Stock | USD 11.42 0.02 0.17% |
Bynordic |
Bynordic Acquisition Target Price Odds to finish below 11.04
The tendency of Bynordic 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 $ 11.04 or more in 90 days |
| 11.42 | 90 days | 11.04 | near 1 |
Based on a normal probability distribution, the odds of Bynordic Acquisition to drop to $ 11.04 or more in 90 days from now is near 1 (This Bynordic Acquisition Corp probability density function shows the probability of Bynordic Stock to fall within a particular range of prices over 90 days) . Probability of Bynordic Acquisition Corp price to stay between $ 11.04 and its current price of $11.42 at the end of the 90-day period is about 49.88 .
Given the investment horizon of 90 days Bynordic Acquisition Corp has a beta of -0.0165 suggesting as returns on the benchmark increase, returns on holding Bynordic Acquisition are expected to decrease at a much lower rate. During a bear market, however, Bynordic Acquisition Corp is likely to outperform the market. Additionally Bynordic Acquisition Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Bynordic Acquisition Price Density |
| Price |
Predictive Modules for Bynordic Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bynordic Acquisition Corp. 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.Bynordic Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bynordic Acquisition is not an exception. The market had few large corrections towards the Bynordic Acquisition'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 Bynordic Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bynordic Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0044 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.13 |
Bynordic Acquisition 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 Bynordic Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bynordic Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bynordic Acquisition Corp currently holds about 1.05 M in cash with (3.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Bynordic Acquisition has a poor financial position based on the latest SEC disclosures | |
| Roughly 48.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Head to Head Analysis byNordic Acquisition vs. Kayne Anderson BDC |
Bynordic Acquisition 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 Bynordic Stock often depends not only on the future outlook of the current and potential Bynordic Acquisition'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. Bynordic Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.8 M | |
| Cash And Short Term Investments | 2.3 M |
Bynordic Acquisition Technical Analysis
Bynordic Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Bynordic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bynordic Acquisition Corp. In general, you should focus on analyzing Bynordic Stock price patterns and their correlations with different microeconomic environments and drivers.
Bynordic Acquisition Predictive Forecast Models
Bynordic Acquisition's time-series forecasting models is one of many Bynordic Acquisition'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 Bynordic Acquisition'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 Bynordic Acquisition Corp
Checking the ongoing alerts about Bynordic Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bynordic Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bynordic Acquisition Corp currently holds about 1.05 M in cash with (3.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Bynordic Acquisition has a poor financial position based on the latest SEC disclosures | |
| Roughly 48.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Head to Head Analysis byNordic Acquisition vs. Kayne Anderson BDC |
Check out Bynordic Acquisition Backtesting, Bynordic Acquisition Valuation, Bynordic Acquisition Correlation, Bynordic Acquisition Hype Analysis, Bynordic Acquisition Volatility, Bynordic Acquisition History as well as Bynordic Acquisition Performance. To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks 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 Bynordic Acquisition. If investors know Bynordic 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 Bynordic Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bynordic Acquisition Corp is measured differently than its book value, which is the value of Bynordic that is recorded on the company's balance sheet. Investors also form their own opinion of Bynordic Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bynordic Acquisition'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 Bynordic Acquisition's market value can be influenced by many factors that don't directly affect Bynordic Acquisition'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 Bynordic Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bynordic Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bynordic Acquisition'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.