Bitcoin Well Stock Probability of Future OTC Stock Price Finishing Over 14.31
| BCNWF Stock | USD 0.16 0.02 14.29% |
Bitcoin |
Bitcoin Well Target Price Odds to finish over 14.31
The tendency of Bitcoin OTC 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 Price | Horizon | Target Price | Odds to move over $ 14.31 or more in 90 days |
| 0.16 | 90 days | 14.31 | close to zero percent |
Based on a normal probability distribution, the odds of Bitcoin Well to move over $ 14.31 or more in 90 days from now is close to zero percent (This Bitcoin Well probability density function shows the probability of Bitcoin OTC Stock to fall within a particular range of prices over 90 days) . Probability of Bitcoin Well price to stay between its current price of $ 0.16 and $ 14.31 at the end of the 90-day period is about 1.11 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 4.73 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, Bitcoin Well will likely underperform. Moreover Bitcoin Well has an alpha of 1.5655, implying that it can generate a 1.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitcoin Well Price Density |
| Price |
Predictive Modules for Bitcoin Well
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Well. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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, anticipate that the market will even out over time. This tendency of Bitcoin Well'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.
Bitcoin Well Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitcoin Well is not an exception. The market had few large corrections towards the Bitcoin Well'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 Bitcoin Well, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitcoin Well within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.57 | |
β | Beta against Dow Jones | 4.73 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.15 |
Bitcoin Well 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 Bitcoin Well for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitcoin Well can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitcoin Well is way too risky over 90 days horizon | |
| Bitcoin Well has some characteristics of a very speculative penny stock | |
| Bitcoin Well appears to be risky and price may revert if volatility continues | |
| Bitcoin Well has accumulated 100 K in total debt with debt to equity ratio (D/E) of 4.77, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bitcoin Well has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bitcoin Well until it has trouble settling it off, either with new capital or with free cash flow. So, Bitcoin Well's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitcoin Well sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitcoin to invest in growth at high rates of return. When we think about Bitcoin Well's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 99.61 M. Net Loss for the year was (13.6 M) with profit before overhead, payroll, taxes, and interest of 5.3 M. | |
| Bitcoin Well has accumulated about 4.07 M in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 71.0% of Bitcoin Well shares are held by company insiders |
Bitcoin Well 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 Bitcoin OTC Stock often depends not only on the future outlook of the current and potential Bitcoin Well'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. Bitcoin Well's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.5 M | |
| Short Long Term Debt | 15.7 M | |
| Shares Float | 62.8 M |
Bitcoin Well Technical Analysis
Bitcoin Well's future price can be derived by breaking down and analyzing its technical indicators over time. Bitcoin OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin Well. In general, you should focus on analyzing Bitcoin OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Bitcoin Well Predictive Forecast Models
Bitcoin Well's time-series forecasting models is one of many Bitcoin Well's otc stock 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 Bitcoin Well'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 otc stock market movement and maximize returns from investment trading.
Things to note about Bitcoin Well
Checking the ongoing alerts about Bitcoin Well for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitcoin Well help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitcoin Well is way too risky over 90 days horizon | |
| Bitcoin Well has some characteristics of a very speculative penny stock | |
| Bitcoin Well appears to be risky and price may revert if volatility continues | |
| Bitcoin Well has accumulated 100 K in total debt with debt to equity ratio (D/E) of 4.77, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bitcoin Well has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bitcoin Well until it has trouble settling it off, either with new capital or with free cash flow. So, Bitcoin Well's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitcoin Well sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitcoin to invest in growth at high rates of return. When we think about Bitcoin Well's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 99.61 M. Net Loss for the year was (13.6 M) with profit before overhead, payroll, taxes, and interest of 5.3 M. | |
| Bitcoin Well has accumulated about 4.07 M in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 71.0% of Bitcoin Well shares are held by company insiders |
Other Information on Investing in Bitcoin OTC Stock
Bitcoin Well financial ratios help investors to determine whether Bitcoin OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitcoin with respect to the benefits of owning Bitcoin Well security.