Baylin Technologies Stock Today
| BYL Stock | CAD 0.26 0.02 7.14% |
Performance5 of 100
| Odds Of DistressOver 60
|
Baylin Technologies is selling at 0.26 as of the 18th of April 2024; that is -7.14 percent down since the beginning of the trading day. The stock's open price was 0.28. Baylin Technologies has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Baylin Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | Category Technology | Classification Information Technology |
Baylin Technologies Inc., together with its subsidiaries, researches, designs, develops, manufactures, and sells a range of passive and active radio frequency and terrestrial microwave products and services. The company was founded in 1978 and is headquartered in Markham, Canada. The company has 150.97 M outstanding shares of which 141.81 K shares are currently shorted by private and institutional investors with about 3.93 days to cover all short positions. More on Baylin Technologies
Moving against Baylin Stock
| 0.5 | T | Telus Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Baylin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Baylin Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Baylin Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Leighton Carroll | ||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | ||||
Baylin Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Baylin Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Baylin Technologies' financial leverage. It provides some insight into what part of Baylin Technologies' total assets is financed by creditors.
| |||||
Baylin Technologies (BYL) is traded on Toronto Exchange in Canada and employs 38 people. Baylin Technologies is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Baylin Technologies's market, we take the total number of its shares issued and multiply it by Baylin Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Baylin Technologies operates under Communications Equipment sector and is part of Information Technology industry. The entity has 150.97 M outstanding shares of which 141.81 K shares are currently shorted by private and institutional investors with about 3.93 days to cover all short positions.
Baylin Technologies has accumulated about 7.38 M in cash with (7.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Baylin Technologies Probability Of Bankruptcy
Ownership AllocationBaylin Technologies holds a total of 150.97 Million outstanding shares. Baylin Technologies shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 73.96 percent of Baylin Technologies outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Baylin Ownership Details
Baylin Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Baylin Technologies jumping above the current price in 90 days from now is about 36.56%. The Baylin Technologies probability density function shows the probability of Baylin Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Baylin Technologies has a beta of -0.8492 suggesting as returns on the benchmark increase, returns on holding Baylin Technologies are expected to decrease at a much lower rate. During a bear market, however, Baylin Technologies is likely to outperform the market. Additionally, baylin Technologies has an alpha of 0.7255, implying that it can generate a 0.73 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Baylin Technologies to move above the current price in 90 days from now is about 36.56 (This Baylin Technologies probability density function shows the probability of Baylin Stock to fall within a particular range of prices over 90 days) .
Baylin Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baylin Technologies market risk premium is the additional return an investor will receive from holding Baylin Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Baylin Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Baylin Technologies' alpha and beta are two of the key measurements used to evaluate Baylin Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.09 | |||
| Semi Deviation | 4.6 | |||
| Standard Deviation | 6.85 | |||
| Variance | 46.93 |
Baylin Stock Against Markets
Picking the right benchmark for Baylin Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Baylin Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Baylin Technologies is critical whether you are bullish or bearish towards Baylin Technologies at a given time. Please also check how Baylin Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Baylin Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
| All Next | Launch Module |
Baylin Technologies Corporate Directors
Baylin Technologies corporate directors refer to members of a Baylin Technologies board of directors. The board of directors generally takes responsibility for the Baylin Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Baylin Technologies' board members must vote for the resolution. The Baylin Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ephraim Ulmer | Director | Profile | |
| Stockwell Day | Director | Profile | |
| Barry Reiter | Director | Profile | |
| Harold Wolkin | Director | Profile |
How to buy Baylin Stock?
Before investing in Baylin Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Baylin Technologies. To buy Baylin Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Baylin Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Baylin Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Baylin Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Baylin Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Baylin Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Baylin Technologies?
The danger of trading Baylin Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Baylin Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Baylin Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Baylin Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baylin Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Baylin Stock analysis
When running Baylin Technologies' price analysis, check to measure Baylin Technologies' 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 Baylin Technologies is operating at the current time. Most of Baylin Technologies' value examination focuses on studying past and present price action to predict the probability of Baylin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baylin Technologies' price. Additionally, you may evaluate how the addition of Baylin Technologies to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |