Byrna Technologies Stock Statistic Functions Variance

BYRN Stock  USD 19.05  0.97  4.85%   
Byrna Technologies statistic functions tool provides the execution environment for running the Variance function and other technical functions against Byrna Technologies. Byrna Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Byrna Technologies statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. Byrna Technologies Variance is a measurement of the price spread between periods of Byrna Technologies price series.

Byrna Technologies Technical Analysis Modules

Most technical analysis of Byrna Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Byrna from various momentum indicators to cycle indicators. When you analyze Byrna 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 Byrna Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Byrna Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Byrna Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Byrna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Byrna Technologies's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Byrna Technologies's intrinsic value. In addition to deriving basic predictive indicators for Byrna Technologies, we also check how macroeconomic factors affect Byrna Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover5.727.266.536.86
Days Of Inventory On Hand259.38266.88306.91398.73
Hype
Prediction
LowEstimatedHigh
11.6118.9226.23
Details
Intrinsic
Valuation
LowRealHigh
6.2913.6020.91
Details
Naive
Forecast
LowNextHigh
10.6617.9725.27
Details
4 Analysts
Consensus
LowTargetHigh
8.088.889.86
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Byrna Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Byrna Technologies' short interest history, or implied volatility extrapolated from Byrna Technologies options trading.

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When determining whether Byrna Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byrna Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byrna Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byrna Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byrna Technologies. If investors know Byrna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byrna Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.11
Revenue Per Share
3.281
Quarterly Revenue Growth
1.943
Return On Assets
0.0197
Return On Equity
0.0528
The market value of Byrna Technologies is measured differently than its book value, which is the value of Byrna that is recorded on the company's balance sheet. Investors also form their own opinion of Byrna Technologies' value that differs from its market value or its book value, called intrinsic value, which is Byrna Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byrna Technologies' market value can be influenced by many factors that don't directly affect Byrna Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byrna Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Byrna Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byrna Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.