Bioasis Technologies Stock Probability of Future Pink Sheet Price Finishing Over 1.23E-4
| BIOAF Stock | USD 0.0002 0.00 0.00% |
BiOasis |
BiOasis Technologies Target Price Odds to finish over 1.23E-4
The tendency of BiOasis Pink Sheet 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 above $ 0.0001 in 90 days |
| 0.0002 | 90 days | 0.0001 | about 55.19 |
Based on a normal probability distribution, the odds of BiOasis Technologies to stay above $ 0.0001 in 90 days from now is about 55.19 (This biOasis Technologies probability density function shows the probability of BiOasis Pink Sheet to fall within a particular range of prices over 90 days) . Probability of biOasis Technologies price to stay between $ 0.0001 and its current price of $2.0E-4 at the end of the 90-day period is about 49.05 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.58 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, BiOasis Technologies will likely underperform. Moreover BiOasis Technologies has an alpha of 1.3966, implying that it can generate a 1.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BiOasis Technologies Price Density |
| Price |
Predictive Modules for BiOasis Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as biOasis Technologies. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.BiOasis Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BiOasis Technologies is not an exception. The market had few large corrections towards the BiOasis Technologies' 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 biOasis Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BiOasis Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.40 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 0.000046 | |
Ir | Information ratio | 0.12 |
BiOasis Technologies 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 BiOasis Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for biOasis Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| biOasis Technologies is way too risky over 90 days horizon | |
| biOasis Technologies has some characteristics of a very speculative penny stock | |
| biOasis Technologies appears to be risky and price may revert if volatility continues | |
| biOasis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| biOasis Technologies has accumulated 401.76 K in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. biOasis Technologies has a current ratio of 0.37, 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 BiOasis Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, BiOasis Technologies' 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 biOasis Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BiOasis to invest in growth at high rates of return. When we think about BiOasis Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 37.73 K. Net Loss for the year was (2.96 M) with loss before overhead, payroll, taxes, and interest of (1.15 M). | |
| biOasis Technologies has accumulated about 764.97 K in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
BiOasis Technologies 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 BiOasis Pink Sheet often depends not only on the future outlook of the current and potential BiOasis Technologies' 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. BiOasis Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.9 M |
BiOasis Technologies Technical Analysis
BiOasis Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. BiOasis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of biOasis Technologies. In general, you should focus on analyzing BiOasis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
BiOasis Technologies Predictive Forecast Models
BiOasis Technologies' time-series forecasting models is one of many BiOasis Technologies' pink sheet 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 BiOasis Technologies' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about biOasis Technologies
Checking the ongoing alerts about BiOasis Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for biOasis Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| biOasis Technologies is way too risky over 90 days horizon | |
| biOasis Technologies has some characteristics of a very speculative penny stock | |
| biOasis Technologies appears to be risky and price may revert if volatility continues | |
| biOasis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| biOasis Technologies has accumulated 401.76 K in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. biOasis Technologies has a current ratio of 0.37, 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 BiOasis Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, BiOasis Technologies' 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 biOasis Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BiOasis to invest in growth at high rates of return. When we think about BiOasis Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 37.73 K. Net Loss for the year was (2.96 M) with loss before overhead, payroll, taxes, and interest of (1.15 M). | |
| biOasis Technologies has accumulated about 764.97 K in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in BiOasis Pink Sheet
BiOasis Technologies financial ratios help investors to determine whether BiOasis Pink Sheet 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 BiOasis with respect to the benefits of owning BiOasis Technologies security.