Biomerica Stock Price Prediction

BMRA Stock  USD 0.31  0.01  3.13%   
The relative strength index (RSI) of Biomerica's the stock price is about 61 suggesting that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Biomerica, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of Biomerica's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Biomerica, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Biomerica's stock price prediction:
Wall Street Target Price
13
Quarterly Revenue Growth
0.055
Using Biomerica hype-based prediction, you can estimate the value of Biomerica from the perspective of Biomerica response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Biomerica to buy its stock at a price that has no basis in reality. In that case, they are not buying Biomerica because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Biomerica after-hype prediction price

    
  USD 0.32  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Biomerica Basic Forecasting Models to cross-verify your projections.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.
Intrinsic
Valuation
LowRealHigh
0.010.296.11
Details
Naive
Forecast
LowNextHigh
0.010.266.09
Details
0 Analysts
Consensus
LowTargetHigh
11.8313.0014.43
Details

Biomerica After-Hype Price Prediction Density Analysis

As far as predicting the price of Biomerica at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Biomerica or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Biomerica, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Biomerica Estimiated After-Hype Price Volatility

In the context of predicting Biomerica's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Biomerica's historical news coverage. Biomerica's after-hype downside and upside margins for the prediction period are 0.02 and 6.14, respectively. We have considered Biomerica's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.31
0.32
After-hype Price
6.14
Upside
Biomerica is out of control at this time. Analysis and calculation of next after-hype price of Biomerica is based on 3 months time horizon.

Biomerica Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Biomerica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Biomerica backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Biomerica, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.38 
5.83
  0.01 
  0.01 
4 Events / Month
10 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.31
0.32
0.00 
19,433  
Notes

Biomerica Hype Timeline

Biomerica is currently traded for 0.31. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.01. Biomerica is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at -0.38%. %. The volatility of related hype on Biomerica is about 19433.33%, with the expected price after the next announcement by competition of 0.30. About 13.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. Biomerica recorded a loss per share of 0.37. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 14th of November 1994. Given the investment horizon of 90 days the next projected press release will be in about 4 days.
Check out Biomerica Basic Forecasting Models to cross-verify your projections.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.

Biomerica Related Hype Analysis

Having access to credible news sources related to Biomerica's direct competition is more important than ever and may enhance your ability to predict Biomerica's future price movements. Getting to know how Biomerica's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Biomerica may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SRDXSurModics(0.07)9 per month 0.00 (0.21) 1.26 (1.01) 3.22 
MOVEMovano Inc(0.09)10 per month 0.00 (0.13) 9.44 (8.81) 35.49 
AIMDAinos Inc 0.01 9 per month 0.00 (0.1) 8.16 (7.69) 28.01 
INVOINVO Bioscience 0.57 3 per month 4.69  0.02  6.67 (6.85) 105.62 
TIVCTivic Health Systems(0.01)7 per month 0.00 (0.03) 12.12 (6.90) 79.31 
BBLGBone Biologics Corp(0.13)2 per month 8.76  0.04  18.13 (17.14) 163.17 
TNONTenon Medical(0.23)8 per month 7.91  0.01  34.08 (16.00) 90.53 
MOTSMotus GI Holdings 0.00 0 per month 0.00 (0.04) 9.09 (5.63) 56.89 
MODDModular Medical(0.01)7 per month 2.82  0.05  4.60 (4.69) 22.01 
NPCENeuropace(0.25)10 per month 3.21  0.06  9.73 (6.19) 35.38 
NXLNexalin Technology(0.27)9 per month 6.68  0.22  25.71 (12.22) 71.17 
SSKNSTRATA Skin Sciences(0.03)10 per month 3.83  0.05  8.83 (7.20) 20.44 
NMRDNemaura Medical 0.00 0 per month 5.23  0.03  14.29 (9.72) 35.66 
SGHTSight Sciences(0.05)8 per month 0.00 (0.20) 6.96 (7.84) 18.22 
DYNTDynatronics 0.04 6 per month 0.00 (0.09) 7.50 (12.77) 69.48 
AZYOAziyo Biologics 0.04 5 per month 3.84  0.10  8.44 (7.23) 30.62 

Biomerica Additional Predictive Modules

Most predictive techniques to examine Biomerica price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Biomerica using various technical indicators. When you analyze Biomerica charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Biomerica Predictive Indicators

The successful prediction of Biomerica stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Biomerica, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Biomerica based on analysis of Biomerica hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Biomerica's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Biomerica's related companies.
 2021 2022 2023 (projected)
Days Sales Outstanding14.9749.3663.83
PTB Ratio5.331.651.48

Story Coverage note for Biomerica

The number of cover stories for Biomerica depends on current market conditions and Biomerica's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Biomerica is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Biomerica's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Biomerica Short Properties

Biomerica's future price predictability will typically decrease when Biomerica's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Biomerica often depends not only on the future outlook of the potential Biomerica'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. Biomerica's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding16.8 M
Cash And Short Term Investments4.2 M

Complementary Tools for Biomerica Stock analysis

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