Body And Mind Stock Chance of Future Pink Sheet Price Finishing Over 0.006129
| BMMJ Stock | USD 0.01 0.00 0.00% |
Body |
Body Target Price Odds to finish over 0.006129
The tendency of Body 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 | close to 99 |
Based on a normal probability distribution, the odds of Body to stay above $ 0.01 in 90 days from now is close to 99 (This Body and Mind probability density function shows the probability of Body Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Body and Mind price to stay between $ 0.01 and its current price of $0.01 at the end of the 90-day period is about 1.52 .
Given the investment horizon of 90 days Body has a beta of 0.0769 suggesting as returns on the market go up, Body average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Body and Mind will be expected to be much smaller as well. Additionally Body and Mind 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. Body Price Density |
| Price |
Predictive Modules for Body
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Body and Mind. 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.Body Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Body is not an exception. The market had few large corrections towards the Body'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 Body and Mind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Body within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
Body 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 Body for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Body and Mind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Body and Mind generated a negative expected return over the last 90 days | |
| Body and Mind has high historical volatility and very poor performance | |
| Body and Mind has some characteristics of a very speculative penny stock | |
| Body and Mind has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 31.64 M. Net Loss for the year was (28.68 M) with profit before overhead, payroll, taxes, and interest of 6.32 M. | |
| Body and Mind currently holds about 3.71 M in cash with (3.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Body 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 Body Pink Sheet often depends not only on the future outlook of the current and potential Body'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. Body's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 113.7 M |
Body Technical Analysis
Body's future price can be derived by breaking down and analyzing its technical indicators over time. Body Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Body and Mind. In general, you should focus on analyzing Body Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Body Predictive Forecast Models
Body's time-series forecasting models is one of many Body'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 Body'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 Body and Mind
Checking the ongoing alerts about Body for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Body and Mind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Body and Mind generated a negative expected return over the last 90 days | |
| Body and Mind has high historical volatility and very poor performance | |
| Body and Mind has some characteristics of a very speculative penny stock | |
| Body and Mind has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 31.64 M. Net Loss for the year was (28.68 M) with profit before overhead, payroll, taxes, and interest of 6.32 M. | |
| Body and Mind currently holds about 3.71 M in cash with (3.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Body Pink Sheet
Body financial ratios help investors to determine whether Body 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 Body with respect to the benefits of owning Body security.