Bannix Acquisition Corp Stock Probability of Future Stock Price Finishing Under 11.26
| BNIX Stock | USD 11.18 0.06 0.53% |
Bannix |
Bannix Acquisition Target Price Odds to finish below 11.26
The tendency of Bannix 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 $ 11.26 after 90 days |
| 11.18 | 90 days | 11.26 | under 95 |
Based on a normal probability distribution, the odds of Bannix Acquisition to stay under $ 11.26 after 90 days from now is under 95 (This Bannix Acquisition Corp probability density function shows the probability of Bannix Stock to fall within a particular range of prices over 90 days) . Probability of Bannix Acquisition Corp price to stay between its current price of $ 11.18 and $ 11.26 at the end of the 90-day period is about 32.1 .
Given the investment horizon of 90 days Bannix Acquisition Corp has a beta of -0.0154 suggesting as returns on the benchmark increase, returns on holding Bannix Acquisition are expected to decrease at a much lower rate. During a bear market, however, Bannix Acquisition Corp is likely to outperform the market. Additionally Bannix Acquisition Corp 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. Bannix Acquisition Price Density |
| Price |
Predictive Modules for Bannix Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bannix Acquisition Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Bannix Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bannix Acquisition is not an exception. The market had few large corrections towards the Bannix Acquisition'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 Bannix Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bannix Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0051 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.52 |
Bannix Acquisition 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 Bannix Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bannix Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Net Loss for the year was (56.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bannix Acquisition Corp currently holds about 228.18 K in cash with (908.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Bannix Acquisition has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders |
Bannix Acquisition 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 Bannix Stock often depends not only on the future outlook of the current and potential Bannix Acquisition'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. Bannix Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.2 M | |
| Cash And Short Term Investments | 232.3 K |
Bannix Acquisition Technical Analysis
Bannix Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Bannix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bannix Acquisition Corp. In general, you should focus on analyzing Bannix Stock price patterns and their correlations with different microeconomic environments and drivers.
Bannix Acquisition Predictive Forecast Models
Bannix Acquisition's time-series forecasting models is one of many Bannix Acquisition's 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 Bannix Acquisition'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 stock market movement and maximize returns from investment trading.
Things to note about Bannix Acquisition Corp
Checking the ongoing alerts about Bannix Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bannix Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Net Loss for the year was (56.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bannix Acquisition Corp currently holds about 228.18 K in cash with (908.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Bannix Acquisition has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders |
Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.