Bitech Technologies Stock Probability of Future OTC Stock Price Finishing Over 0.0727
| BTTC Stock | USD 0.07 0.01 12.50% |
Bitech |
Bitech Technologies Target Price Odds to finish over 0.0727
The tendency of Bitech OTC 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 move over $ 0.07 or more in 90 days |
| 0.07 | 90 days | 0.07 | about 22.13 |
Based on a normal probability distribution, the odds of Bitech Technologies to move over $ 0.07 or more in 90 days from now is about 22.13 (This Bitech Technologies probability density function shows the probability of Bitech OTC Stock to fall within a particular range of prices over 90 days) . Probability of Bitech Technologies price to stay between its current price of $ 0.07 and $ 0.07 at the end of the 90-day period is about 26.78 .
Given the investment horizon of 90 days Bitech Technologies has a beta of 0.38 suggesting as returns on the market go up, Bitech Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bitech Technologies will be expected to be much smaller as well. Additionally Bitech Technologies has an alpha of 0.118, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitech Technologies Price Density |
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Predictive Modules for Bitech 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 Bitech Technologies. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitech Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bitech Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitech Technologies is not an exception. The market had few large corrections towards the Bitech 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 Bitech Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitech Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.01 |
Bitech 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 Bitech Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitech 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.| Bitech Technologies had very high historical volatility over the last 90 days | |
| Bitech Technologies has some characteristics of a very speculative penny stock | |
| Bitech Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 168.88 K. Net Loss for the year was (310.86 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bitech Technologies currently holds about 443.92 K in cash with (177.44 K) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Acquisition by Zamkow Michael Jay of 3576 shares of SSC Technologies subject to Rule 16b-3 |
Bitech 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 Bitech OTC Stock often depends not only on the future outlook of the current and potential Bitech 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. Bitech Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.2 M | |
| Short Long Term Debt | 395 K |
Bitech Technologies Technical Analysis
Bitech Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Bitech OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitech Technologies. In general, you should focus on analyzing Bitech OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Bitech Technologies Predictive Forecast Models
Bitech Technologies' time-series forecasting models is one of many Bitech Technologies' otc 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 Bitech 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 otc stock market movement and maximize returns from investment trading.
Things to note about Bitech Technologies
Checking the ongoing alerts about Bitech Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitech Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitech Technologies had very high historical volatility over the last 90 days | |
| Bitech Technologies has some characteristics of a very speculative penny stock | |
| Bitech Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 168.88 K. Net Loss for the year was (310.86 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bitech Technologies currently holds about 443.92 K in cash with (177.44 K) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Acquisition by Zamkow Michael Jay of 3576 shares of SSC Technologies subject to Rule 16b-3 |
Other Information on Investing in Bitech OTC Stock
Bitech Technologies financial ratios help investors to determine whether Bitech OTC Stock 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 Bitech with respect to the benefits of owning Bitech Technologies security.