Bannix Acquisition Corp Stock Analysis

Bannix Stock Analysis Notes

The company had not issued any dividends in recent years. For more info on Bannix Acquisition Corp please contact Douglas Davis at 302 305 4790.

Bannix Acquisition Corp Investment Alerts

Bannix Profitablity

Management Efficiency

The company has return on total asset (ROA) of (0.0376) % which means that it has lost $0.0376 on every $100 spent on assets. This is way below average. Bannix Acquisition's management efficiency ratios could be used to measure how well Bannix Acquisition manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -0.0017 in 2024. Return On Capital Employed is likely to drop to -0.06 in 2024. At this time, Bannix Acquisition's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 46.2 M in 2024, whereas Total Current Assets are likely to drop slightly above 235.8 K in 2024.

Technical Drivers

As of the 24th of November, Bannix Acquisition shows the Mean Deviation of 13.01, downside deviation of 20.44, and Risk Adjusted Performance of 0.0749. Bannix Acquisition Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bannix Acquisition Corp coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Bannix Acquisition Corp is priced correctly, providing market reflects its regular price of 0.0285 per share. As Bannix Acquisition Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Bannix Acquisition Corp Price Movement Analysis

Bannix Acquisition Predictive Daily Indicators

Bannix Acquisition Forecast Models

Bannix Acquisition's time-series forecasting models are one of many Bannix Acquisition's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Bannix Acquisition'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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bannix Acquisition prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bannix shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bannix Acquisition. By using and applying Bannix Stock analysis, traders can create a robust methodology for identifying Bannix entry and exit points for their positions.

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.