Biotron Limited Stock Odds of Future Pink Sheet Price Finishing Over 0.0124
| BITRF Stock | USD 0.01 0.02 65.28% |
Biotron |
Biotron Target Price Odds to finish over 0.0124
The tendency of Biotron 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 $ 0.01 in 90 days |
| 0.01 | 90 days | 0.01 | about 68.13 |
Based on a normal probability distribution, the odds of Biotron to stay above $ 0.01 in 90 days from now is about 68.13 (This Biotron Limited probability density function shows the probability of Biotron Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Biotron Limited price to stay between $ 0.01 and its current price of $0.0125 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.88 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, Biotron will likely underperform. Additionally Biotron Limited 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. Biotron Price Density |
| Price |
Predictive Modules for Biotron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biotron Limited. 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.Biotron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Biotron is not an exception. The market had few large corrections towards the Biotron'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 Biotron Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Biotron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.19 | |
β | Beta against Dow Jones | 1.88 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.11 |
Biotron 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 Biotron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Biotron Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Biotron Limited generated a negative expected return over the last 90 days | |
| Biotron Limited has high historical volatility and very poor performance | |
| Biotron Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 1.56 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 1.56 M. | |
| Biotron Limited has accumulated about 1.74 M in cash with (2.44 M) of positive cash flow from operations. | |
| Roughly 14.0% of the company shares are held by company insiders |
Biotron 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 Biotron Pink Sheet often depends not only on the future outlook of the current and potential Biotron'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. Biotron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 701.9 M |
Biotron Technical Analysis
Biotron's future price can be derived by breaking down and analyzing its technical indicators over time. Biotron Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Biotron Limited. In general, you should focus on analyzing Biotron Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Biotron Predictive Forecast Models
Biotron's time-series forecasting models is one of many Biotron's 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 Biotron'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Biotron Limited
Checking the ongoing alerts about Biotron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Biotron Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Biotron Limited generated a negative expected return over the last 90 days | |
| Biotron Limited has high historical volatility and very poor performance | |
| Biotron Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 1.56 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 1.56 M. | |
| Biotron Limited has accumulated about 1.74 M in cash with (2.44 M) of positive cash flow from operations. | |
| Roughly 14.0% of the company shares are held by company insiders |
Other Information on Investing in Biotron Pink Sheet
Biotron financial ratios help investors to determine whether Biotron 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 Biotron with respect to the benefits of owning Biotron security.