Bioharvest Sciences Stock Probability of Future OTC Stock Price Finishing Over 9.83
| CNVCF Stock | USD 6.18 0.12 1.90% |
Bioharvest |
Bioharvest Sciences Target Price Odds to finish over 9.83
The tendency of Bioharvest 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 $ 9.83 or more in 90 days |
| 6.18 | 90 days | 9.83 | near 1 |
Based on a normal probability distribution, the odds of Bioharvest Sciences to move over $ 9.83 or more in 90 days from now is near 1 (This Bioharvest Sciences probability density function shows the probability of Bioharvest OTC Stock to fall within a particular range of prices over 90 days) . Probability of Bioharvest Sciences price to stay between its current price of $ 6.18 and $ 9.83 at the end of the 90-day period is about 6.83 .
Assuming the 90 days horizon Bioharvest Sciences has a beta of -0.24 suggesting as returns on the benchmark increase, returns on holding Bioharvest Sciences are expected to decrease at a much lower rate. During a bear market, however, Bioharvest Sciences is likely to outperform the market. Additionally Bioharvest Sciences has an alpha of 0.2618, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bioharvest Sciences Price Density |
| Price |
Predictive Modules for Bioharvest Sciences
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bioharvest Sciences. 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 Bioharvest Sciences' 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.
Bioharvest Sciences Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bioharvest Sciences is not an exception. The market had few large corrections towards the Bioharvest Sciences' 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 Bioharvest Sciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bioharvest Sciences within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.03 |
Bioharvest Sciences 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 Bioharvest Sciences for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bioharvest Sciences can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bioharvest Sciences had very high historical volatility over the last 90 days | |
| Bioharvest Sciences has accumulated 3.97 M in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Bioharvest Sciences has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bioharvest Sciences until it has trouble settling it off, either with new capital or with free cash flow. So, Bioharvest Sciences' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bioharvest Sciences sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bioharvest to invest in growth at high rates of return. When we think about Bioharvest Sciences' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.1 M. Net Loss for the year was (9.83 M) with profit before overhead, payroll, taxes, and interest of 670 K. | |
| Bioharvest Sciences has accumulated about 1.21 M in cash with (6.79 M) of positive cash flow from operations. | |
| Roughly 35.0% of Bioharvest Sciences shares are held by company insiders |
Bioharvest Sciences 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 Bioharvest OTC Stock often depends not only on the future outlook of the current and potential Bioharvest Sciences' 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. Bioharvest Sciences' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 452.7 M |
Bioharvest Sciences Technical Analysis
Bioharvest Sciences' future price can be derived by breaking down and analyzing its technical indicators over time. Bioharvest OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bioharvest Sciences. In general, you should focus on analyzing Bioharvest OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Bioharvest Sciences Predictive Forecast Models
Bioharvest Sciences' time-series forecasting models is one of many Bioharvest Sciences' 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 Bioharvest Sciences' 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 Bioharvest Sciences
Checking the ongoing alerts about Bioharvest Sciences for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bioharvest Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bioharvest Sciences had very high historical volatility over the last 90 days | |
| Bioharvest Sciences has accumulated 3.97 M in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Bioharvest Sciences has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bioharvest Sciences until it has trouble settling it off, either with new capital or with free cash flow. So, Bioharvest Sciences' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bioharvest Sciences sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bioharvest to invest in growth at high rates of return. When we think about Bioharvest Sciences' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.1 M. Net Loss for the year was (9.83 M) with profit before overhead, payroll, taxes, and interest of 670 K. | |
| Bioharvest Sciences has accumulated about 1.21 M in cash with (6.79 M) of positive cash flow from operations. | |
| Roughly 35.0% of Bioharvest Sciences shares are held by company insiders |
Other Information on Investing in Bioharvest OTC Stock
Bioharvest Sciences financial ratios help investors to determine whether Bioharvest 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 Bioharvest with respect to the benefits of owning Bioharvest Sciences security.