Cyanotech Probability of Future Stock Price Finishing Over 0.88
| CYANDelisted Stock | USD 0.88 0.05 6.02% |
Cyanotech |
Cyanotech Target Price Odds to finish over 0.88
The tendency of Cyanotech 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 above the current price in 90 days |
| 0.88 | 90 days | 0.88 | about 91.61 |
Based on a normal probability distribution, the odds of Cyanotech to move above the current price in 90 days from now is about 91.61 (This Cyanotech probability density function shows the probability of Cyanotech Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Cyanotech has a beta of 0.21 suggesting as returns on the market go up, Cyanotech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cyanotech will be expected to be much smaller as well. Additionally Cyanotech 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. Cyanotech Price Density |
| Price |
Predictive Modules for Cyanotech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cyanotech. 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.Cyanotech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cyanotech is not an exception. The market had few large corrections towards the Cyanotech'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 Cyanotech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cyanotech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.05 |
Cyanotech 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 Cyanotech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cyanotech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cyanotech is not yet fully synchronised with the market data | |
| Cyanotech has some characteristics of a very speculative penny stock | |
| Cyanotech has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 23.18 M. Net Loss for the year was (3.44 M) with profit before overhead, payroll, taxes, and interest of 7.35 M. | |
| Cyanotech currently holds about 737 K in cash with (2.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from zdnet.com: The most durable power station Ive tested dares Mother Nature to do her worst - and its on sale |
Cyanotech 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 Cyanotech Stock often depends not only on the future outlook of the current and potential Cyanotech'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. Cyanotech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.2 M | |
| Cash And Short Term Investments | 974 K |
Cyanotech Technical Analysis
Cyanotech's future price can be derived by breaking down and analyzing its technical indicators over time. Cyanotech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cyanotech. In general, you should focus on analyzing Cyanotech Stock price patterns and their correlations with different microeconomic environments and drivers.
Cyanotech Predictive Forecast Models
Cyanotech's time-series forecasting models is one of many Cyanotech'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 Cyanotech'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 Cyanotech
Checking the ongoing alerts about Cyanotech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cyanotech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cyanotech is not yet fully synchronised with the market data | |
| Cyanotech has some characteristics of a very speculative penny stock | |
| Cyanotech has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 23.18 M. Net Loss for the year was (3.44 M) with profit before overhead, payroll, taxes, and interest of 7.35 M. | |
| Cyanotech currently holds about 737 K in cash with (2.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from zdnet.com: The most durable power station Ive tested dares Mother Nature to do her worst - and its on sale |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Cyanotech Stock
If you are still planning to invest in Cyanotech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cyanotech's history and understand the potential risks before investing.
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