Betmakers Technology (Australia) Probability of Future Stock Price Finishing Over 19.31
| BET Stock | 0.11 0.01 8.33% |
Betmakers |
Betmakers Technology Target Price Odds to finish over 19.31
The tendency of Betmakers 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 19.31 or more in 90 days |
| 0.11 | 90 days | 19.31 | close to zero percent |
Based on a normal probability distribution, the odds of Betmakers Technology to move over 19.31 or more in 90 days from now is close to zero percent (This Betmakers Technology Group probability density function shows the probability of Betmakers Stock to fall within a particular range of prices over 90 days) . Probability of Betmakers Technology price to stay between its current price of 0.11 and 19.31 at the end of the 90-day period is about 13.72 .
Assuming the 90 days trading horizon Betmakers Technology Group has a beta of -0.13 suggesting as returns on the benchmark increase, returns on holding Betmakers Technology are expected to decrease at a much lower rate. During a bear market, however, Betmakers Technology Group is likely to outperform the market. Additionally Betmakers Technology Group has an alpha of 0.6299, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Betmakers Technology Price Density |
| Price |
Predictive Modules for Betmakers Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Betmakers Technology. 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.Betmakers Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Betmakers Technology is not an exception. The market had few large corrections towards the Betmakers Technology'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 Betmakers Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Betmakers Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Betmakers Technology 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 Betmakers Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Betmakers Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Betmakers Technology had very high historical volatility over the last 90 days | |
| Betmakers Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 95.2 M. Net Loss for the year was (38.67 M) with profit before overhead, payroll, taxes, and interest of 59.18 M. | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Betmakers Technology Group Gains Strong Shareholder Support - TipRanks |
Betmakers Technology 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 Betmakers Stock often depends not only on the future outlook of the current and potential Betmakers Technology'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. Betmakers Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 960.1 M | |
| Cash And Short Term Investments | 29.3 M |
Betmakers Technology Technical Analysis
Betmakers Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Betmakers Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Betmakers Technology Group. In general, you should focus on analyzing Betmakers Stock price patterns and their correlations with different microeconomic environments and drivers.
Betmakers Technology Predictive Forecast Models
Betmakers Technology's time-series forecasting models is one of many Betmakers Technology's 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 Betmakers Technology'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 Betmakers Technology
Checking the ongoing alerts about Betmakers Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Betmakers Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Betmakers Technology had very high historical volatility over the last 90 days | |
| Betmakers Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 95.2 M. Net Loss for the year was (38.67 M) with profit before overhead, payroll, taxes, and interest of 59.18 M. | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Betmakers Technology Group Gains Strong Shareholder Support - TipRanks |
Additional Tools for Betmakers Stock Analysis
When running Betmakers Technology's price analysis, check to measure Betmakers Technology'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 Betmakers Technology is operating at the current time. Most of Betmakers Technology's value examination focuses on studying past and present price action to predict the probability of Betmakers Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betmakers Technology's price. Additionally, you may evaluate how the addition of Betmakers Technology to your portfolios can decrease your overall portfolio volatility.