Banxa Holdings Stock Probability of Future Pink Sheet Price Finishing Over 0.52
| BNXAF Stock | USD 0.58 0.06 11.54% |
Banxa |
Banxa Holdings Target Price Odds to finish over 0.52
The tendency of Banxa 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 $ 0.52 in 90 days |
| 0.58 | 90 days | 0.52 | about 20.51 |
Based on a normal probability distribution, the odds of Banxa Holdings to stay above $ 0.52 in 90 days from now is about 20.51 (This Banxa Holdings probability density function shows the probability of Banxa Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Banxa Holdings price to stay between $ 0.52 and its current price of $0.58 at the end of the 90-day period is about 8.54 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.69 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, Banxa Holdings will likely underperform. Moreover Banxa Holdings has an alpha of 1.1637, implying that it can generate a 1.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Banxa Holdings Price Density |
| Price |
Predictive Modules for Banxa Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banxa Holdings. 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.Banxa Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Banxa Holdings is not an exception. The market had few large corrections towards the Banxa Holdings' 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 Banxa Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Banxa Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.16 | |
β | Beta against Dow Jones | 1.69 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.11 |
Banxa Holdings 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 Banxa Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Banxa Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Banxa Holdings is way too risky over 90 days horizon | |
| Banxa Holdings has some characteristics of a very speculative penny stock | |
| Banxa Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 45.97 M. Net Loss for the year was (5.83 M) with profit before overhead, payroll, taxes, and interest of 16.85 M. | |
| Banxa Holdings has accumulated about 10.82 M in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 15.0% of the company shares are held by company insiders |
Banxa Holdings 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 Banxa Pink Sheet often depends not only on the future outlook of the current and potential Banxa Holdings' 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. Banxa Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.7 M | |
| Short Long Term Debt | 444.9 K | |
| Shares Float | 39.4 M |
Banxa Holdings Technical Analysis
Banxa Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Banxa Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Banxa Holdings. In general, you should focus on analyzing Banxa Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Banxa Holdings Predictive Forecast Models
Banxa Holdings' time-series forecasting models is one of many Banxa Holdings' 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 Banxa Holdings' 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 Banxa Holdings
Checking the ongoing alerts about Banxa Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Banxa Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Banxa Holdings is way too risky over 90 days horizon | |
| Banxa Holdings has some characteristics of a very speculative penny stock | |
| Banxa Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 45.97 M. Net Loss for the year was (5.83 M) with profit before overhead, payroll, taxes, and interest of 16.85 M. | |
| Banxa Holdings has accumulated about 10.82 M in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 15.0% of the company shares are held by company insiders |
Other Information on Investing in Banxa Pink Sheet
Banxa Holdings financial ratios help investors to determine whether Banxa 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 Banxa with respect to the benefits of owning Banxa Holdings security.