Cathedra Bitcoin Stock Probability of Future Stock Price Finishing Over 0.0683

CBIT Stock   0.07  0.01  7.14%   
Cathedra Bitcoin's future price is the expected price of Cathedra Bitcoin instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Cathedra Bitcoin performance during a given time horizon utilizing its historical volatility. Check out Cathedra Bitcoin Backtesting, Cathedra Bitcoin Valuation, Cathedra Bitcoin Correlation, Cathedra Bitcoin Hype Analysis, Cathedra Bitcoin Volatility, Cathedra Bitcoin History as well as Cathedra Bitcoin Performance.
  
At this time, Cathedra Bitcoin's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.04 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (2.91). Please specify Cathedra Bitcoin's target price for which you would like Cathedra Bitcoin odds to be computed.

Cathedra Bitcoin Target Price Odds to finish over 0.0683

The tendency of Cathedra 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 PriceHorizonTarget PriceOdds to stay above  0.07  in 90 days
 0.07 90 days 0.07 
about 98.0
Based on a normal probability distribution, the odds of Cathedra Bitcoin to stay above  0.07  in 90 days from now is about 98.0 (This Cathedra Bitcoin probability density function shows the probability of Cathedra Stock to fall within a particular range of prices over 90 days) . Probability of Cathedra Bitcoin price to stay between  0.07  and its current price of 0.075 at the end of the 90-day period is about 11.9 .
Assuming the 90 days trading horizon Cathedra Bitcoin has a beta of 0.83 suggesting as returns on the market go up, Cathedra Bitcoin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cathedra Bitcoin will be expected to be much smaller as well. Additionally Cathedra Bitcoin 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.
   Cathedra Bitcoin Price Density   
       Price  

Predictive Modules for Cathedra Bitcoin

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cathedra Bitcoin. 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 Cathedra Bitcoin'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.
Hype
Prediction
LowEstimatedHigh
0.000.086.83
Details
Intrinsic
Valuation
LowRealHigh
0.000.076.82
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.01-0.01
Details

Cathedra Bitcoin Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Cathedra Bitcoin is not an exception. The market had few large corrections towards the Cathedra Bitcoin'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 Cathedra Bitcoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cathedra Bitcoin within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.08
β
Beta against Dow Jones0.83
σ
Overall volatility
0.01
Ir
Information ratio -0.01

Cathedra Bitcoin 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 Cathedra Bitcoin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cathedra Bitcoin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Cathedra Bitcoin had very high historical volatility over the last 90 days
Cathedra Bitcoin has some characteristics of a very speculative penny stock
Cathedra Bitcoin has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 10.92 M. Net Loss for the year was (5.48 M) with profit before overhead, payroll, taxes, and interest of 83.19 K.
Cathedra Bitcoin generates negative cash flow from operations
Latest headline from news.google.com: Cathedra Bitcoin Shares Now Trading on OTCQB - TipRanks

Cathedra Bitcoin 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 Cathedra Stock often depends not only on the future outlook of the current and potential Cathedra Bitcoin'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. Cathedra Bitcoin's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding234.2 M

Cathedra Bitcoin Technical Analysis

Cathedra Bitcoin's future price can be derived by breaking down and analyzing its technical indicators over time. Cathedra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cathedra Bitcoin. In general, you should focus on analyzing Cathedra Stock price patterns and their correlations with different microeconomic environments and drivers.

Cathedra Bitcoin Predictive Forecast Models

Cathedra Bitcoin's time-series forecasting models is one of many Cathedra Bitcoin'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 Cathedra Bitcoin'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 Cathedra Bitcoin

Checking the ongoing alerts about Cathedra Bitcoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cathedra Bitcoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Cathedra Bitcoin had very high historical volatility over the last 90 days
Cathedra Bitcoin has some characteristics of a very speculative penny stock
Cathedra Bitcoin has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 10.92 M. Net Loss for the year was (5.48 M) with profit before overhead, payroll, taxes, and interest of 83.19 K.
Cathedra Bitcoin generates negative cash flow from operations
Latest headline from news.google.com: Cathedra Bitcoin Shares Now Trading on OTCQB - TipRanks

Additional Tools for Cathedra Stock Analysis

When running Cathedra Bitcoin's price analysis, check to measure Cathedra Bitcoin'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 Cathedra Bitcoin is operating at the current time. Most of Cathedra Bitcoin's value examination focuses on studying past and present price action to predict the probability of Cathedra Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathedra Bitcoin's price. Additionally, you may evaluate how the addition of Cathedra Bitcoin to your portfolios can decrease your overall portfolio volatility.