BTX Old Stock Odds of Future Stock Price Finishing Under 0.0025

BTX
 Stock
  

USD 3.30  0.08  2.48%   

BTX Old's future price is the expected price of BTX Old 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 BTX Old performance during a given time horizon utilizing its historical volatility.
  
BTX Old's implied volatility is one of the determining factors in the pricing options written on BTX Old. Implied volatility approximates the future value of BTX Old 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 BTX Old over a specific time period. For example, 2023-01-20 PUT at $12.5 is a PUT option contract on BTX Old's common stock with a strick price of 12.5 expiring on 2023-01-20. The contract was last traded on 2022-02-17 at 09:47:02 for $10.0 and, as of today, has 42 days remaining before the expiration. The option is currently trading at a bid price of $8.2, and an ask price of $13.0. The implied volatility as of the 10th of December is 452.0489. View All BTX Old options

Closest to current price BTX Old long PUT Option Payoff at Expiration

Continue to Trending Equities.Please specify BTX Old time horizon, a valid symbol (red box) and a target price (blue box) you would like BTX Old odds to be computed.

BTX Old Target Price Odds to finish below 0.0025

The tendency of BTX Old 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 drop to $ 0.0025  or more in 90 days
 3.30 90 days 0.0025 
about 15.01
Based on a normal probability distribution, the odds of BTX Old to drop to $ 0.0025  or more in 90 days from now is about 15.01 (This BTX Old probability density function shows the probability of BTX Old Stock to fall within a particular range of prices over 90 days) . Probability of BTX Old price to stay between $ 0.0025  and its current price of $3.3 at the end of the 90-day period is about 67.89 .
Considering the 90-day investment horizon the stock has the beta coefficient of 23.31 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BTX Old will likely underperform. In addition to that The company has an alpha of 31.011, implying that it can generate a 31.01 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   BTX Old Price Density   
       Price  

Predictive Modules for BTX Old

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTX Old. 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 BTX Old'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 BTX Old in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.234.57334.57
Details
Intrinsic
Valuation
LowReal ValueHigh
0.305.99335.99
Details
Naive
Forecast
LowNext ValueHigh
0.094.40139.58
Details
2 Analysts
Consensus
LowTarget PriceHigh
9.0014.5020.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BTX Old. Your research has to be compared to or analyzed against BTX Old's peers to derive any actionable benefits. When done correctly, BTX Old'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 BTX Old.

BTX Old Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BTX Old is not an exception. The market had few large corrections towards the BTX Old'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 BTX Old, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BTX Old within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
31.01
β
Beta against NYSE Composite23.31
σ
Overall volatility
1.66
Ir
Information ratio 0.12

BTX Old 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 BTX Old for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BTX Old can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BTX Old is now traded under the symbol ERNA. Please update your portfolios or report it if you believe this is an error. Report It!

BTX Old 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 BTX Old Stock often depends not only on the future outlook of the current and potential BTX Old'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. BTX Old's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.74%
Short Percent Of Float2.18%
Float Shares34.05M
Shares Short Prior Month1.92M
Average Daily Volume Last 10 Day394.94k
Average Daily Volume In Three Month85.42k
Date Short Interest15th of September 2022

BTX Old Technical Analysis

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

BTX Old Predictive Forecast Models

BTX Old time-series forecasting models is one of many BTX Old'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 BTX Old'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 BTX Old

Checking the ongoing alerts about BTX Old for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BTX Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BTX Old is now traded under the symbol ERNA. Please update your portfolios or report it if you believe this is an error. Report It!
Continue to Trending Equities. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Tools for BTX Old Stock

When running BTX Old price analysis, check to measure BTX Old'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 BTX Old is operating at the current time. Most of BTX Old's value examination focuses on studying past and present price action to predict the probability of BTX Old's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BTX Old's price. Additionally, you may evaluate how the addition of BTX Old to your portfolios can decrease your overall portfolio volatility.
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