Bannix Acquisition Corp Stock Buy Hold or Sell Recommendation
| BNIX Stock | USD 11.18 0.06 0.53% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Bannix Acquisition Corp is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bannix Acquisition Corp given historical horizon and risk tolerance towards Bannix Acquisition. When Macroaxis issues a 'buy' or 'sell' recommendation for Bannix Acquisition Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Bannix Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Bannix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Bannix Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Bannix |
Execute Bannix Acquisition Buy or Sell Advice
The Bannix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bannix Acquisition Corp. Macroaxis does not own or have any residual interests in Bannix Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bannix Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Bannix Acquisition Trading Alerts and Improvement Suggestions
| Net Loss for the year was (56.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bannix Acquisition Corp currently holds about 228.18 K in cash with (908.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Bannix Acquisition has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bannix Acquisition Corp. Extends Business Combination Deadline to December 2024 BNIX Stock News - StockTitan |
Bannix Acquisition current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bannix analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bannix analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Bannix Acquisition Returns Distribution Density
The distribution of Bannix Acquisition's historical returns is an attempt to chart the uncertainty of Bannix Acquisition's future price movements. The chart of the probability distribution of Bannix Acquisition daily returns describes the distribution of returns around its average expected value. We use Bannix Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bannix Acquisition returns is essential to provide solid investment advice for Bannix Acquisition.
| Mean Return | 0.01 | Value At Risk | -0.45 | Potential Upside | 0.27 | Standard Deviation | 0.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bannix Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bannix Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Bannix Acquisition, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Bannix Acquisition Corp back and forth among themselves.
| Shares | Karpus Management Inc | 2024-06-30 | 415.6 K | Robinson Capital Management, Inc. | 2024-09-30 | 0.0 | Meteora Capital, Llc | 2024-06-30 | 359.6 K | Yakira Capital Management, Inc. | 2024-06-30 | 200 K | Skyview Investment Advisors, Llc | 2024-06-30 | 97 K | Clear Street Llc | 2024-06-30 | 84 K | Walleye Trading Advisors, Llc | 2024-06-30 | 76.8 K | Graham Capital Wealth Management, Llc | 2024-09-30 | 58.9 K | Walleye Trading Llc | 2024-06-30 | 43.2 K | Tidal Investments Llc. | 2024-06-30 | 21.7 K | Wolverine Asset Management Llc | 2024-09-30 | 0.0 |
Bannix Acquisition Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bannix Acquisition or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bannix Acquisition's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bannix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0086 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.52 |
Bannix Acquisition Volatility Alert
Bannix Acquisition Corp exhibits very low volatility with skewness of 0.73 and kurtosis of 8.9. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bannix Acquisition's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bannix Acquisition's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bannix Acquisition Fundamentals Vs Peers
Comparing Bannix Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bannix Acquisition's direct or indirect competition across all of the common fundamentals between Bannix Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bannix Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bannix Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bannix Acquisition by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bannix Acquisition to competition |
| Fundamentals | Bannix Acquisition | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | -0.0376 | -0.14 |
| Current Valuation | 32.58 M | 16.62 B |
| Shares Outstanding | 2.85 M | 571.82 M |
| Shares Owned By Insiders | 87.70 % | 10.09 % |
| Shares Owned By Institutions | 23.48 % | 39.21 % |
| Number Of Shares Shorted | 1.23 K | 4.71 M |
| Price To Earning | 25.72 X | 28.72 X |
| Price To Book | 3.61 X | 9.51 X |
| EBITDA | 272.79 K | 3.9 B |
| Net Income | (56.84 K) | 570.98 M |
| Cash And Equivalents | 228.18 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 974.01 K | 5.32 B |
| Current Ratio | 2.02 X | 2.16 X |
| Book Value Per Share | (0.67) X | 1.93 K |
| Cash Flow From Operations | (908.49 K) | 971.22 M |
| Short Ratio | 6.66 X | 4.00 X |
| Earnings Per Share | (0.07) X | 3.12 X |
| Beta | 0.004 | -0.15 |
| Market Capitalization | 31.85 M | 19.03 B |
| Total Asset | 32.35 M | 29.47 B |
| Retained Earnings | (3.68 M) | 9.33 B |
| Working Capital | (3.7 M) | 1.48 B |
| Net Asset | 32.35 M |
Note: Discretionary transaction by Douglas Davis of 9000 shares of Bannix Acquisition subject to Rule 16b-3 [view details]
Bannix Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bannix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.18 | |||
| Day Typical Price | 11.18 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 4.56 |
About Bannix Acquisition Buy or Sell Advice
When is the right time to buy or sell Bannix Acquisition Corp? Buying financial instruments such as Bannix Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.