Biocorrx Stock Odds of Future OTC Stock Price Finishing Under 0.3
| BICX Stock | USD 0.30 0.06 16.67% |
BioCorRx |
BioCorRx Target Price Odds to finish below 0.3
The tendency of BioCorRx 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 below current price in 90 days |
| 0.30 | 90 days | 0.30 | about 30.5 |
Based on a normal probability distribution, the odds of BioCorRx to move below current price in 90 days from now is about 30.5 (This BioCorRx probability density function shows the probability of BioCorRx OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days BioCorRx has a beta of 0.79 suggesting as returns on the market go up, BioCorRx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BioCorRx will be expected to be much smaller as well. Additionally BioCorRx has an alpha of 0.6147, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BioCorRx Price Density |
| Price |
Predictive Modules for BioCorRx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BioCorRx. 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 BioCorRx'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.
BioCorRx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BioCorRx is not an exception. The market had few large corrections towards the BioCorRx'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 BioCorRx, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BioCorRx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.05 |
BioCorRx 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 BioCorRx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BioCorRx can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BioCorRx is way too risky over 90 days horizon | |
| BioCorRx has some characteristics of a very speculative penny stock | |
| BioCorRx appears to be risky and price may revert if volatility continues | |
| BioCorRx has a very high chance of going through financial distress in the upcoming years | |
| BioCorRx currently holds 174.16 K in liabilities with Debt to Equity (D/E) ratio of 5.72, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. BioCorRx has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist BioCorRx until it has trouble settling it off, either with new capital or with free cash flow. So, BioCorRx'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 BioCorRx sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BioCorRx to invest in growth at high rates of return. When we think about BioCorRx's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 48.27 K. Net Loss for the year was (5.21 M) with profit before overhead, payroll, taxes, and interest of 42.39 K. | |
| BioCorRx currently holds about 81.76 K in cash with (3.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 59.0% of BioCorRx shares are held by company insiders |
BioCorRx 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 BioCorRx OTC Stock often depends not only on the future outlook of the current and potential BioCorRx'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. BioCorRx's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.7 M |
BioCorRx Technical Analysis
BioCorRx's future price can be derived by breaking down and analyzing its technical indicators over time. BioCorRx OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BioCorRx. In general, you should focus on analyzing BioCorRx OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
BioCorRx Predictive Forecast Models
BioCorRx's time-series forecasting models is one of many BioCorRx'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 BioCorRx'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 BioCorRx
Checking the ongoing alerts about BioCorRx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BioCorRx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BioCorRx is way too risky over 90 days horizon | |
| BioCorRx has some characteristics of a very speculative penny stock | |
| BioCorRx appears to be risky and price may revert if volatility continues | |
| BioCorRx has a very high chance of going through financial distress in the upcoming years | |
| BioCorRx currently holds 174.16 K in liabilities with Debt to Equity (D/E) ratio of 5.72, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. BioCorRx has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist BioCorRx until it has trouble settling it off, either with new capital or with free cash flow. So, BioCorRx'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 BioCorRx sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BioCorRx to invest in growth at high rates of return. When we think about BioCorRx's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 48.27 K. Net Loss for the year was (5.21 M) with profit before overhead, payroll, taxes, and interest of 42.39 K. | |
| BioCorRx currently holds about 81.76 K in cash with (3.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 59.0% of BioCorRx shares are held by company insiders |
Additional Tools for BioCorRx OTC Stock Analysis
When running BioCorRx's price analysis, check to measure BioCorRx'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 BioCorRx is operating at the current time. Most of BioCorRx's value examination focuses on studying past and present price action to predict the probability of BioCorRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioCorRx's price. Additionally, you may evaluate how the addition of BioCorRx to your portfolios can decrease your overall portfolio volatility.