Burning Rock Stock Forward View
| BNR Stock | USD 35.70 0.00 0.00% |
Burning Stock outlook is based on your current time horizon. Although Burning Rock's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Burning Rock's systematic risk associated with finding meaningful patterns of Burning Rock fundamentals over time.
The RSI of Burning Rock's stock price is slightly above 63 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Burning, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Wall Street Target Price 4.03 | Quarterly Revenue Growth 0.023 |
Using Burning Rock hype-based prediction, you can estimate the value of Burning Rock Biotech from the perspective of Burning Rock response to recently generated media hype and the effects of current headlines on its competitors.
Burning Relative Strength Index
The Naive Prediction forecasted value of Burning Rock Biotech on the next trading day is expected to be 32.14 with a mean absolute deviation of 1.65 and the sum of the absolute errors of 100.77.Burning Rock Biotech Hype to Price Pattern
Investor biases related to Burning Rock's public news can be used to forecast risks associated with an investment in Burning. The trend in average sentiment can be used to explain how an investor holding Burning can time the market purely based on public headlines and social activities around Burning Rock Biotech. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Burning Rock's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Burning Rock.
The Naive Prediction forecasted value of Burning Rock Biotech on the next trading day is expected to be 32.14 with a mean absolute deviation of 1.65 and the sum of the absolute errors of 100.77. Burning Rock after-hype prediction price | USD 39.93 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Burning Rock to cross-verify your projections. Burning Rock Additional Predictive Modules
Most predictive techniques to examine Burning price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Burning using various technical indicators. When you analyze Burning charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Burning Rock Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Burning Rock's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2018-12-31 | Previous Quarter 452.7 M | Current Value 464 M | Quarterly Volatility 706.8 M |
Burning Rock Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Burning Rock Biotech on the next trading day is expected to be 32.14 with a mean absolute deviation of 1.65, mean absolute percentage error of 4.62, and the sum of the absolute errors of 100.77.Please note that although there have been many attempts to predict Burning Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Burning Rock's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Burning Rock Stock Forecast Pattern
| Backtest Burning Rock | Burning Rock Price Prediction | Research Analysis |
Burning Rock Forecasted Value
In the context of forecasting Burning Rock's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Burning Rock's downside and upside margins for the forecasting period are 21.89 and 42.38, respectively. We have considered Burning Rock's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Burning Rock stock data series using in forecasting. Note that when a statistical model is used to represent Burning Rock stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.6409 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.652 |
| MAPE | Mean absolute percentage error | 0.0788 |
| SAE | Sum of the absolute errors | 100.7736 |
Predictive Modules for Burning Rock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Burning Rock Biotech. 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.Burning Rock After-Hype Price Density Analysis
As far as predicting the price of Burning Rock at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Burning Rock or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Burning Rock, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Burning Rock Estimiated After-Hype Price Volatility
In the context of predicting Burning Rock's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Burning Rock's historical news coverage. Burning Rock's after-hype downside and upside margins for the prediction period are 29.69 and 50.17, respectively. We have considered Burning Rock's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Burning Rock is unstable at this time. Analysis and calculation of next after-hype price of Burning Rock Biotech is based on 3 months time horizon.
Burning Rock Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Burning Rock is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Burning Rock backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Burning Rock, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
2.31 | 10.24 | 5.87 | 0.03 | 7 Events / Month | 6 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
35.70 | 39.93 | 17.23 |
|
Burning Rock Hype Timeline
On the 2nd of February Burning Rock Biotech is traded for 35.70. The entity has historical hype elasticity of 5.87, and average elasticity to hype of competition of -0.03. Burning is estimated to increase in value after the next headline, with the price projected to jump to 39.93 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 17.23%, whereas the daily expected return is currently at 2.31%. The volatility of related hype on Burning Rock is about 73142.86%, with the expected price after the next announcement by competition of 35.67. Burning Rock Biotech has 52.32 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Burning Rock Biotech has a current ratio of 3.99, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. That said, strategic use of leverage may enable Burning to fund expansion initiatives and generate superior returns. Considering the 90-day investment horizon the next estimated press release will be in about 7 days. Check out Historical Fundamental Analysis of Burning Rock to cross-verify your projections.Burning Rock Related Hype Analysis
Having access to credible news sources related to Burning Rock's direct competition is more important than ever and may enhance your ability to predict Burning Rock's future price movements. Getting to know how Burning Rock's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Burning Rock may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AMS | American Shared Hospital | (0.01) | 10 per month | 0.00 | (0.04) | 2.87 | (2.76) | 10.96 | |
| PMN | ProMIS Neurosciences | 0.49 | 9 per month | 5.40 | 0.07 | 13.32 | (7.69) | 38.10 | |
| EKSO | Ekso Bionics Holdings | 0.71 | 10 per month | 5.52 | 0.11 | 10.11 | (9.07) | 112.11 | |
| PRPH | ProPhase Labs | (0.10) | 9 per month | 0.00 | (0.34) | 11.11 | (22.22) | 77.27 | |
| CODX | Co Diagnostics | (0.23) | 12 per month | 0.00 | (0.23) | 9.88 | (20.90) | 75.41 | |
| AYTU | Aytu BioScience | (0.06) | 8 per month | 3.19 | 0.08 | 4.69 | (5.26) | 12.75 | |
| NVNO | enVVeno Medical Corp | (0.95) | 7 per month | 0.00 | (0.11) | 8.92 | (10.09) | 41.30 | |
| AEMD | Aethlon Medical | 0.05 | 9 per month | 0.00 | (0.12) | 10.51 | (10.29) | 38.52 | |
| ADVB | Advanced Biomed Common | 0.01 | 4 per month | 0.00 | (0.07) | 10.00 | (10.81) | 39.70 | |
| ALUR | Allurion Technologies | (0.05) | 9 per month | 0.00 | (0.04) | 16.54 | (10.32) | 40.95 |
Other Forecasting Options for Burning Rock
For every potential investor in Burning, whether a beginner or expert, Burning Rock's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Burning Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Burning. Basic forecasting techniques help filter out the noise by identifying Burning Rock's price trends.Burning Rock 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 Burning Rock stock to make a market-neutral strategy. Peer analysis of Burning Rock could also be used in its relative valuation, which is a method of valuing Burning Rock by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Burning Rock Market Strength Events
Market strength indicators help investors to evaluate how Burning Rock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Burning Rock shares will generate the highest return on investment. By undertsting and applying Burning Rock stock market strength indicators, traders can identify Burning Rock Biotech entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0625 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.59 | |||
| Day Typical Price | 34.96 | |||
| Market Facilitation Index | 2.23 | |||
| Price Action Indicator | 1.12 | |||
| Relative Strength Index | 63.33 |
Burning Rock Risk Indicators
The analysis of Burning Rock's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Burning Rock's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting burning stock prices, 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.
| Mean Deviation | 7.41 | |||
| Semi Deviation | 6.46 | |||
| Standard Deviation | 10.05 | |||
| Variance | 101.07 | |||
| Downside Variance | 61.38 | |||
| Semi Variance | 41.7 | |||
| Expected Short fall | (8.35) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Burning Rock
The number of cover stories for Burning Rock depends on current market conditions and Burning Rock's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Burning Rock is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Burning Rock's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Burning Rock Short Properties
Burning Rock's future price predictability will typically decrease when Burning Rock's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Burning Rock Biotech often depends not only on the future outlook of the potential Burning Rock'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. Burning Rock's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 M | |
| Cash And Short Term Investments | 519.8 M |
Additional Tools for Burning Stock Analysis
When running Burning Rock's price analysis, check to measure Burning Rock'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 Burning Rock is operating at the current time. Most of Burning Rock's value examination focuses on studying past and present price action to predict the probability of Burning Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burning Rock's price. Additionally, you may evaluate how the addition of Burning Rock to your portfolios can decrease your overall portfolio volatility.