BYND Cannasoft Stock Forecast - Day Median Price
| BCAN Stock | USD 0.89 0.12 11.88% |
BYND Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BYND Cannasoft stock prices and determine the direction of BYND Cannasoft Enterprises's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BYND Cannasoft's historical fundamentals, such as revenue growth or operating cash flow patterns. Although BYND Cannasoft's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BYND Cannasoft's systematic risk associated with finding meaningful patterns of BYND Cannasoft fundamentals over time.
Check out Historical Fundamental Analysis of BYND Cannasoft to cross-verify your projections. BYND |
Most investors in BYND Cannasoft cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the BYND Cannasoft's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BYND Cannasoft's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 0.95 | 0.95 |
| Check BYND Cannasoft Volatility | Backtest BYND Cannasoft | Information Ratio |
BYND Cannasoft Trading Date Momentum
| On May 26 2024 BYND Cannasoft Enterprises was traded for 0.89 at the closing time. The top price for the day was 1.02 and the lowest listed price was 0.87 . There was no trading activity during the period 0.0. Lack of trading volume on May 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 12.36% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for BYND Cannasoft
For every potential investor in BYND, whether a beginner or expert, BYND Cannasoft's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BYND Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BYND. Basic forecasting techniques help filter out the noise by identifying BYND Cannasoft's price trends.BYND Cannasoft Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BYND Cannasoft stock to make a market-neutral strategy. Peer analysis of BYND Cannasoft could also be used in its relative valuation, which is a method of valuing BYND Cannasoft by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BYND Cannasoft Enter Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BYND Cannasoft's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BYND Cannasoft's current price.| Cycle Indicators | ||
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| Volume Indicators |
BYND Cannasoft Market Strength Events
Market strength indicators help investors to evaluate how BYND Cannasoft stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYND Cannasoft shares will generate the highest return on investment. By undertsting and applying BYND Cannasoft stock market strength indicators, traders can identify BYND Cannasoft Enterprises entry and exit signals to maximize returns.
BYND Cannasoft Risk Indicators
The analysis of BYND Cannasoft's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in BYND Cannasoft's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bynd stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 9.85 | |||
| Standard Deviation | 14.94 | |||
| Variance | 223.16 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of BYND Cannasoft to cross-verify your projections. Note that the BYND Cannasoft Enter information on this page should be used as a complementary analysis to other BYND Cannasoft's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for BYND Stock analysis
When running BYND Cannasoft's price analysis, check to measure BYND Cannasoft'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 BYND Cannasoft is operating at the current time. Most of BYND Cannasoft's value examination focuses on studying past and present price action to predict the probability of BYND Cannasoft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYND Cannasoft's price. Additionally, you may evaluate how the addition of BYND Cannasoft to your portfolios can decrease your overall portfolio volatility.
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Is BYND Cannasoft's industry 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 BYND Cannasoft. If investors know BYND 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 BYND Cannasoft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (66.73) | Revenue Per Share 5.277 | Quarterly Revenue Growth (0.12) | Return On Assets (0.08) | Return On Equity (0.44) |
The market value of BYND Cannasoft Enter is measured differently than its book value, which is the value of BYND that is recorded on the company's balance sheet. Investors also form their own opinion of BYND Cannasoft's value that differs from its market value or its book value, called intrinsic value, which is BYND Cannasoft's 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 BYND Cannasoft's market value can be influenced by many factors that don't directly affect BYND Cannasoft's 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 BYND Cannasoft's value and its price as these two are different measures arrived at by different means. Investors typically determine if BYND Cannasoft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BYND Cannasoft's 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.