Burcon Nutrascience Stock Probability of Future Stock Price Finishing Over 9.22
| BU Stock | CAD 0.12 0.01 9.09% |
Burcon |
Burcon NutraScience Target Price Odds to finish over 9.22
The tendency of Burcon 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 C$ 9.22 or more in 90 days |
| 0.12 | 90 days | 9.22 | close to zero percent |
Based on a normal probability distribution, the odds of Burcon NutraScience to move over C$ 9.22 or more in 90 days from now is close to zero percent (This Burcon NutraScience probability density function shows the probability of Burcon Stock to fall within a particular range of prices over 90 days) . Probability of Burcon NutraScience price to stay between its current price of C$ 0.12 and C$ 9.22 at the end of the 90-day period is about 74.2 .
Assuming the 90 days horizon Burcon NutraScience has a beta of -0.53 suggesting as returns on the benchmark increase, returns on holding Burcon NutraScience are expected to decrease at a much lower rate. During a bear market, however, Burcon NutraScience is likely to outperform the market. Additionally Burcon NutraScience has an alpha of 0.1216, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Burcon NutraScience Price Density |
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Predictive Modules for Burcon NutraScience
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Burcon NutraScience. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Burcon NutraScience's 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.
Burcon NutraScience Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Burcon NutraScience is not an exception. The market had few large corrections towards the Burcon NutraScience'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 Burcon NutraScience, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Burcon NutraScience within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.0082 |
Burcon NutraScience 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 Burcon NutraScience for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Burcon NutraScience can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Burcon NutraScience generated a negative expected return over the last 90 days | |
| Burcon NutraScience has high historical volatility and very poor performance | |
| Burcon NutraScience has some characteristics of a very speculative penny stock | |
| Burcon NutraScience has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 184.36 K. Net Loss for the year was (7.45 M) with loss before overhead, payroll, taxes, and interest of (3.99 M). | |
| Burcon NutraScience has accumulated about 1.46 M in cash with (5.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Roughly 28.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stonegate Updates Coverage on Burcon Nutrascience Corporation FY25 Q2 - Yahoo Finance |
Burcon NutraScience 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 Burcon Stock often depends not only on the future outlook of the current and potential Burcon NutraScience'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. Burcon NutraScience's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 121.4 M | |
| Cash And Short Term Investments | 4.2 M |
Burcon NutraScience Technical Analysis
Burcon NutraScience's future price can be derived by breaking down and analyzing its technical indicators over time. Burcon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Burcon NutraScience. In general, you should focus on analyzing Burcon Stock price patterns and their correlations with different microeconomic environments and drivers.
Burcon NutraScience Predictive Forecast Models
Burcon NutraScience's time-series forecasting models is one of many Burcon NutraScience'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 Burcon NutraScience'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 Burcon NutraScience
Checking the ongoing alerts about Burcon NutraScience for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Burcon NutraScience help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Burcon NutraScience generated a negative expected return over the last 90 days | |
| Burcon NutraScience has high historical volatility and very poor performance | |
| Burcon NutraScience has some characteristics of a very speculative penny stock | |
| Burcon NutraScience has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 184.36 K. Net Loss for the year was (7.45 M) with loss before overhead, payroll, taxes, and interest of (3.99 M). | |
| Burcon NutraScience has accumulated about 1.46 M in cash with (5.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Roughly 28.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stonegate Updates Coverage on Burcon Nutrascience Corporation FY25 Q2 - Yahoo Finance |
Other Information on Investing in Burcon Stock
Burcon NutraScience financial ratios help investors to determine whether Burcon 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 Burcon with respect to the benefits of owning Burcon NutraScience security.