BYTES TECHNOLOGY (UK) Probability of Future Stock Price Finishing Over 0.0

BYTES TECHNOLOGY's future price is the expected price of BYTES TECHNOLOGY instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of BYTES TECHNOLOGY GROUP performance during a given time horizon utilizing its historical volatility.
  
Check out Trending Equities.Please specify BYTES TECHNOLOGY time horizon, a valid symbol (red box) and a target price (blue box) you would like BYTES TECHNOLOGY odds to be computed.

BYTES TECHNOLOGY 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 BYTES TECHNOLOGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BYTES TECHNOLOGY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BYTES TECHNOLOGY is not yet fully synchronised with the market data
BYTES TECHNOLOGY has some characteristics of a very speculative penny stock
BYTES TECHNOLOGY has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 1.38 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. BYTES TECHNOLOGY has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BYTES TECHNOLOGY until it has trouble settling it off, either with new capital or with free cash flow. So, BYTES TECHNOLOGY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BYTES TECHNOLOGY sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BYTES to invest in growth at high rates of return. When we think about BYTES TECHNOLOGY's use of debt, we should always consider it together with cash and equity.
About 71.0% of BYTES TECHNOLOGY shares are held by institutions such as insurance companies

BYTES TECHNOLOGY 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 BYTES Stock often depends not only on the future outlook of the current and potential BYTES TECHNOLOGY'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. BYTES TECHNOLOGY's indicators that are reflective of the short sentiment are summarized in the table below.
Float Shares212.65M
Average Daily Volume Last 10 Day546.42k
Average Daily Volume In Three Month580.86k

BYTES TECHNOLOGY Technical Analysis

BYTES TECHNOLOGY's future price can be derived by breaking down and analyzing its technical indicators over time. BYTES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BYTES TECHNOLOGY GROUP. In general, you should focus on analyzing BYTES Stock price patterns and their correlations with different microeconomic environments and drivers.

BYTES TECHNOLOGY Predictive Forecast Models

BYTES TECHNOLOGY time-series forecasting models is one of many BYTES TECHNOLOGY's stock analysis techniquest aimed to predict 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 BYTES TECHNOLOGY'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 BYTES TECHNOLOGY

Checking the ongoing alerts about BYTES TECHNOLOGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BYTES TECHNOLOGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BYTES TECHNOLOGY is not yet fully synchronised with the market data
BYTES TECHNOLOGY has some characteristics of a very speculative penny stock
BYTES TECHNOLOGY has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 1.38 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. BYTES TECHNOLOGY has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BYTES TECHNOLOGY until it has trouble settling it off, either with new capital or with free cash flow. So, BYTES TECHNOLOGY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BYTES TECHNOLOGY sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BYTES to invest in growth at high rates of return. When we think about BYTES TECHNOLOGY's use of debt, we should always consider it together with cash and equity.
About 71.0% of BYTES TECHNOLOGY shares are held by institutions such as insurance companies
Check out Trending Equities. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Tools for BYTES Stock

When running BYTES TECHNOLOGY price analysis, check to measure BYTES TECHNOLOGY'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 BYTES TECHNOLOGY is operating at the current time. Most of BYTES TECHNOLOGY's value examination focuses on studying past and present price action to predict the probability of BYTES TECHNOLOGY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BYTES TECHNOLOGY's price. Additionally, you may evaluate how the addition of BYTES TECHNOLOGY to your portfolios can decrease your overall portfolio volatility.
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