Bimi International Medical Probability of Future OTC Stock Price Finishing Under 1.06
| BIMIDelisted Stock | USD 0.02 0.00 0.00% |
Bimi |
Bimi International Target Price Odds to finish below 1.06
The tendency of Bimi 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 stay under $ 1.06 after 90 days |
| 0.02 | 90 days | 1.06 | about 56.43 |
Based on a normal probability distribution, the odds of Bimi International to stay under $ 1.06 after 90 days from now is about 56.43 (This Bimi International Medical probability density function shows the probability of Bimi OTC Stock to fall within a particular range of prices over 90 days) . Probability of Bimi International price to stay between its current price of $ 0.02 and $ 1.06 at the end of the 90-day period is about 52.28 .
Given the investment horizon of 90 days Bimi International has a beta of 0.0671 suggesting as returns on the market go up, Bimi International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bimi International Medical will be expected to be much smaller as well. Additionally Bimi International Medical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Bimi International Price Density |
| Price |
Predictive Modules for Bimi International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bimi International. 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.Bimi International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bimi International is not an exception. The market had few large corrections towards the Bimi International'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 Bimi International Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bimi International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.33 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | -0.05 |
Bimi International 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 Bimi International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bimi International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bimi International is not yet fully synchronised with the market data | |
| Bimi International had very high historical volatility over the last 90 days | |
| Bimi International has some characteristics of a very speculative penny stock | |
| Bimi International has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 12.63 M. Net Loss for the year was (10.51 M) with profit before overhead, payroll, taxes, and interest of 4.6 M. | |
| Bimi International Medical currently holds about 5.03 M in cash with (2.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 94.0% of the company shares are held by company insiders |
Bimi International 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 Bimi OTC Stock often depends not only on the future outlook of the current and potential Bimi International'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. Bimi International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 M | |
| Cash And Short Term Investments | 2.3 M |
Bimi International Technical Analysis
Bimi International's future price can be derived by breaking down and analyzing its technical indicators over time. Bimi OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bimi International Medical. In general, you should focus on analyzing Bimi OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Bimi International Predictive Forecast Models
Bimi International's time-series forecasting models is one of many Bimi International'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 Bimi International'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 Bimi International
Checking the ongoing alerts about Bimi International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bimi International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bimi International is not yet fully synchronised with the market data | |
| Bimi International had very high historical volatility over the last 90 days | |
| Bimi International has some characteristics of a very speculative penny stock | |
| Bimi International has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 12.63 M. Net Loss for the year was (10.51 M) with profit before overhead, payroll, taxes, and interest of 4.6 M. | |
| Bimi International Medical currently holds about 5.03 M in cash with (2.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 94.0% of the company shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Bimi OTC Stock
If you are still planning to invest in Bimi International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bimi International's history and understand the potential risks before investing.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |