Ballantyne Strong Probability of Future Stock Price Finishing Under 3.72
| BTNDelisted Stock | USD 2.65 0.13 5.16% |
Ballantyne |
Ballantyne Strong Target Price Odds to finish below 3.72
The tendency of Ballantyne Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 3.72 after 90 days |
| 2.65 | 90 days | 3.72 | close to 99 |
Based on a normal probability distribution, the odds of Ballantyne Strong to stay under $ 3.72 after 90 days from now is close to 99 (This Ballantyne Strong probability density function shows the probability of Ballantyne Stock to fall within a particular range of prices over 90 days) . Probability of Ballantyne Strong price to stay between its current price of $ 2.65 and $ 3.72 at the end of the 90-day period is about 9.12 .
Considering the 90-day investment horizon Ballantyne Strong has a beta of -0.73 suggesting as returns on the benchmark increase, returns on holding Ballantyne Strong are expected to decrease at a much lower rate. During a bear market, however, Ballantyne Strong is likely to outperform the market. Additionally Ballantyne Strong has an alpha of 0.4245, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ballantyne Strong Price Density |
| Price |
Predictive Modules for Ballantyne Strong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ballantyne Strong. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballantyne Strong's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ballantyne Strong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ballantyne Strong is not an exception. The market had few large corrections towards the Ballantyne Strong's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ballantyne Strong, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ballantyne Strong within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.42 | |
β | Beta against NYSE Composite | -0.73 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.09 |
Ballantyne Strong Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ballantyne Strong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ballantyne Strong can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ballantyne Strong is not yet fully synchronised with the market data | |
| Ballantyne Strong has a very high chance of going through financial distress in the upcoming years | |
| About 14.0% of the company shares are held by company insiders |
Ballantyne Strong Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ballantyne Stock often depends not only on the future outlook of the current and potential Ballantyne Strong'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. Ballantyne Strong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.1 M | |
| Cash And Short Term Investments | 8.7 M |
Ballantyne Strong Technical Analysis
Ballantyne Strong's future price can be derived by breaking down and analyzing its technical indicators over time. Ballantyne Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ballantyne Strong. In general, you should focus on analyzing Ballantyne Stock price patterns and their correlations with different microeconomic environments and drivers.
Ballantyne Strong Predictive Forecast Models
Ballantyne Strong's time-series forecasting models is one of many Ballantyne Strong's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Ballantyne Strong'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 stock market movement and maximize returns from investment trading.
Things to note about Ballantyne Strong
Checking the ongoing alerts about Ballantyne Strong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ballantyne Strong help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ballantyne Strong is not yet fully synchronised with the market data | |
| Ballantyne Strong has a very high chance of going through financial distress in the upcoming years | |
| About 14.0% of the company shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Ballantyne Stock
If you are still planning to invest in Ballantyne Strong check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ballantyne Strong's history and understand the potential risks before investing.
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