Better Choice Stock Forecast - Market Facilitation Index

BTTR
 Stock
  

USD 1.82  0.63  25.71%   

Better Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Better Choice historical stock prices and determine the direction of Better Choice's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Better Choice historical fundamentals such as revenue growth or operating cash flow patterns. Although Better Choice naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Better Choice systematic risk associated with finding meaningful patterns of Better Choice fundamentals over time.
Continue to Historical Fundamental Analysis of Better Choice to cross-verify your projections.
  
As of 08/14/2022, Asset Turnover is likely to drop to 0.63. As of 08/14/2022, Weighted Average Shares is likely to grow to about 21.5 M. Also, Weighted Average Shares Diluted is likely to grow to about 23.6 M.

Open Interest Agains t 2022-08-19 Better Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Better Choice's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Better Choice's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Better Choice stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Better Choice's open interest, investors have to compare it to Better Choice's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Better Choice is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Better. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Better Choice has current Market Facilitation Index of 0.0.
Most investors in Better Choice cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Better Choice's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Better Choice's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
  Previous Market Facilitation IndexMarket Facilitation IndexTrend
0.00.0
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Better Choice Trading Date Momentum

On August 14 2022 Better Choice was traded for  1.82  at the closing time. The top price for the day was 2.40  and the lowest listed price was  1.73 . The trading volume for the day was 266 K. The trading history from August 14, 2022 did not affect price variability. The overall trading delta against the current closing price is 31.32% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Better Choice to competition

Other Forecasting Options for Better Choice

For every potential investor in Better, whether a beginner or expert, Better Choice's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Better Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Better. Basic forecasting techniques help filter out the noise by identifying Better Choice's price trends.

Better Choice Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Better Choice stock to make a market-neutral strategy. Peer analysis of Better Choice could also be used in its relative valuation, which is a method of valuing Better Choice by comparing valuation metrics with similar companies.
Amira Nature FoodsBG Foods HoldingsBellRing BrandsUwm Hldg CorpUnion Pacific CorpInvitae CorpShift TechnologiesRocket CompaniesCharles SchwabWells FargoAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 Covered
 Risk & Return  Correlation

Better Choice Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Better Choice's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Better Choice's current price.

Better Choice Market Strength Events

Market strength indicators help investors to evaluate how Better Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Better Choice shares will generate the highest return on investment. By undertsting and applying Better Choice stock market strength indicators, traders can identify Better Choice entry and exit signals to maximize returns.

Better Choice Risk Indicators

The analysis of Better Choice's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Better Choice's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Better Choice stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Better Choice without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Correlation

Compare performance and examine fundamental relationship between any two equity instruments
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Pair Trading with Better Choice

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Choice will appreciate offsetting losses from the drop in the long position's value.

Moving together with Better Choice

0.65BRBRBellRing Brands Downward RallyPairCorr

Moving against Better Choice

0.55APPHAppharvest Aggressive PushPairCorr
The ability to find closely correlated positions to Better Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Choice to buy it.
The correlation of Better Choice is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Choice moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Better Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Better Choice to cross-verify your projections. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Better Choice price analysis, check to measure Better Choice'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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice's industry 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 Better Choice. If investors know Better 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 Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
53.4 M
Quarterly Revenue Growth YOY
0.5
Return On Assets
-0.18
Return On Equity
-0.52
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice'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 Better Choice's market value can be influenced by many factors that don't directly affect Better Choice'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 Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine Better Choice value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice'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.