Better Stock Probability of Future Stock Price Finishing Under 3.7

BTTR -  USA Stock  

USD 2.78  0.17  5.76%

Better Choice's future price is the expected price of Better Choice instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Better Choice performance during a given time horizon utilizing its historical volatility. As of 01/16/2022, Price to Sales Ratio is likely to grow to 1.35, while Price to Book Value is likely to drop (2.75) .

Better Price Probability 

 
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Better Choice's implied volatility is one of the determining factors in the pricing options written on Better Choice. Implied volatility approximates the future value of Better Choice based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Better Choice over a specific time period. For example, 2022-01-21 PUT at $5.0 is a PUT option contract on Better Choice's common stock with a strick price of 5.0 expiring on 2022-01-21. The contract was last traded on 2021-12-13 at 00:14:16 for $1.7 and, as of today, has 5 days remaining before the expiration. The option is currently trading at a bid price of $1.25, and an ask price of $5.0. The implied volatility as of the 16th of January 2022 is 920.8914. View All Better options

Closest to current price Better long PUT Option Payoff at Expiration

Continue to Better Choice Backtesting, Better Choice Valuation, Better Choice Correlation, Better Choice Hype Analysis, Better Choice Volatility, Better Choice History as well as Better Choice Performance. Please specify Better Choice time horizon, a valid symbol (red box) and a target price (blue box) you would like Better Choice odds to be computed.
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Better Choice Target Price Odds to finish below 3.7

The tendency of Better 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 PriceHorizonTarget PriceOdds to stay under $ 3.70  after 90 days
 2.78 90 days 3.70  about 62.92
Based on a normal probability distribution, the odds of Better Choice to stay under $ 3.70  after 90 days from now is about 62.92 (This Better Choice probability density function shows the probability of Better Stock to fall within a particular range of prices over 90 days) . Probability of Better Choice price to stay between its current price of $ 2.78  and $ 3.70  at the end of the 90-day period is about 60.9 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.02 suggesting Better Choice market returns are sensible to returns on the market. As the market goes up or down, Better Choice is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Better Choice is significantly underperforming DOW.
 Better Choice Price Density 
      Price 

Predictive Modules for Better Choice

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Better Choice. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Better Choice's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Better Choice in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.142.816.05
Details
Intrinsic
Valuation
LowReal ValueHigh
0.904.147.38
Details
Naive
Forecast
LowNext ValueHigh
0.0498072.495.73
Details
3 Analysts
Consensus
LowTarget PriceHigh
7.008.6710.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Better Choice. Your research has to be compared to or analyzed against Better Choice's peers to derive any actionable benefits. When done correctly, Better Choice's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Better Choice.

Better Choice Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Better Choice is not an exception. The market had few large corrections towards the Better Choice'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 Better Choice, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Better Choice within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.34
β
Beta against DOW1.02
σ
Overall volatility
0.39
Ir
Information ratio -0.1

Better Choice 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 Better Choice for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Better Choice can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Better Choice generated a negative expected return over the last 90 days
Better Choice has high historical volatility and very poor performance
Better Choice was previously known as Better Choice Co and was traded on NYSEMKT Exchange under the symbol SENZ.
The company reported the previous year's revenue of 44.31 M. Net Loss for the year was (21.72 M) with profit before overhead, payroll, taxes, and interest of 17 M.
Better Choice currently holds about 26.05 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89.
Better Choice has a frail financial position based on the latest SEC disclosures
Latest headline from www.nasdaq.com: Better Choice exotic insider transaction detected

Better Choice 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 Better Stock often depends not only on the future outlook of the current and potential Better Choice'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. Better Choice's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.23%
Short Percent Of Float0.25%
Float Shares19.06M
Shares Short Prior Month134.02k
Average Daily Volume Last 10 Day23.02k
Average Daily Volume In Three Month125.58k
Date Short Interest15th of December 2021

Better Choice Technical Analysis

Better Choice's future price can be derived by breaking down and analyzing its technical indicators over time. Better Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Better Choice. In general, you should focus on analyzing Better Stock price patterns and their correlations with different microeconomic environments and drivers.

Better Choice Predictive Forecast Models

Better Choice time-series forecasting models is one of many Better Choice's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Better Choice'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 Better Choice

Checking the ongoing alerts about Better Choice for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Better Choice help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Better Choice Alerts

Better Choice Alerts and Suggestions

Better Choice generated a negative expected return over the last 90 days
Better Choice has high historical volatility and very poor performance
Better Choice was previously known as Better Choice Co and was traded on NYSEMKT Exchange under the symbol SENZ.
The company reported the previous year's revenue of 44.31 M. Net Loss for the year was (21.72 M) with profit before overhead, payroll, taxes, and interest of 17 M.
Better Choice currently holds about 26.05 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89.
Better Choice has a frail financial position based on the latest SEC disclosures
Latest headline from www.nasdaq.com: Better Choice exotic insider transaction detected
Continue to Better Choice Backtesting, Better Choice Valuation, Better Choice Correlation, Better Choice Hype Analysis, Better Choice Volatility, Better Choice History as well as Better Choice Performance. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Better Stock analysis

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.
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.