Bynordic Acquisition Corp Probability of Future Pink Sheet Price Finishing Over 11.35
| BYNOUDelisted Stock | USD 11.59 0.22 1.93% |
Bynordic |
Bynordic Acquisition Target Price Odds to finish over 11.35
The tendency of Bynordic 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 stay above $ 11.35 in 90 days |
| 11.59 | 90 days | 11.35 | about 50.0 |
Based on a normal probability distribution, the odds of Bynordic Acquisition to stay above $ 11.35 in 90 days from now is about 50.0 (This Bynordic Acquisition Corp probability density function shows the probability of Bynordic Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bynordic Acquisition Corp price to stay between $ 11.35 and its current price of $11.59 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon Bynordic Acquisition Corp has a beta of -0.0933 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 an alpha of 0.0265, implying that it can generate a 0.0265 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 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.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 | 0.03 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.08 |
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 has a very high chance of going through financial distress in the upcoming years | |
| Bynordic Acquisition Corp has accumulated 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 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 Pink Sheet 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 Pink Sheet 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 Pink Sheet 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 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 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 pink sheet 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 has a very high chance of going through financial distress in the upcoming years | |
| Bynordic Acquisition Corp has accumulated 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. |
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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Bynordic Pink Sheet
If you are still planning to invest in Bynordic Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bynordic Acquisition's history and understand the potential risks before investing.
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