Better Choice Stock Price on March 10, 2021
| BTTR Stock | USD 6.35 0.10 1.60% |
Below is the normalized historical share price chart for Better Choice extending back to June 16, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Better Choice stands at 6.35, as last reported on the 23rd of April, with the highest price reaching 6.54 and the lowest price hitting 6.00 during the day.
If you're considering investing in Better Stock, it is important to understand the factors that can impact its price. Better Choice secures Sharpe Ratio (or Efficiency) of -0.0094, which signifies that the company had a -0.0094% return per unit of risk over the last 3 months. Better Choice exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Better Choice's Standard Deviation of 13.28, mean deviation of 7.49, and Risk Adjusted Performance of 0.0032 to double-check the risk estimate we provide.
At this time, Better Choice's Total Stockholder Equity is relatively stable compared to the past year. As of 04/23/2024, Common Stock Shares Outstanding is likely to grow to about 740.4 M, while Liabilities And Stockholders Equity is likely to drop slightly above 16.3 M. . At this time, Better Choice's Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 04/23/2024, Price To Operating Cash Flows Ratio is likely to grow to about 106.6 K, while Price Earnings Ratio is likely to drop (395.75). Better Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of September 2017 | 200 Day MA 8.4657 | 50 Day MA 6.6061 | Beta 0.691 |
Better |
Sharpe Ratio = -0.0094
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Estimated Market Risk
| 13.58 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Better Choice is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Better Choice by adding Better Choice to a well-diversified portfolio.
Price Book 0.3288 | Enterprise Value Ebitda (0.20) | Price Sales 0.1285 | Shares Float 466.7 K | Wall Street Target Price 88 |
Better Choice Valuation on March 10, 2021
It is possible to determine the worth of Better Choice on a given historical date. On March 10, 2021 Better was worth 2.57 at the beginning of the trading date compared to the closed value of 114.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Better Choice stock. Still, in general, we apply an absolute valuation method to find Better Choice's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Better Choice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Better Choice's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 2.57 | 114.84 | 114.84 | 114.84 | 509.00 |
| 2.59 | 118.36 | 118.36 | 118.36 | 680.00 |
| Backtest Better Choice | | | Better Choice History | | | Better Choice Valuation | Next |
Better Choice Trading Date Momentum on March 10, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Better Choice Fundamentals Correlations and Trends
By evaluating Better Choice's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Better Choice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Better financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Better Choice Stock history
Better Choice investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Better is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Better Choice will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Better Choice stock prices may prove useful in developing a viable investing in Better Choice
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 705.2 M | 740.4 M | |
| Net Loss | -35.4 M | -37.2 M |
Better Choice Stock Technical Analysis
Better Choice technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Better Choice Period Price Range
Low | April 7, 2022
| High |
2.57 | 114.84 |
Better Choice April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Better Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Better Choice shares will generate the highest return on investment. By undertsting and applying Better Choice stock market strength indicators, traders can identify Better Choice entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 44.68 | |||
| Day Median Price | 114.84 | |||
| Day Typical Price | 114.84 | |||
| Price Action Indicator | 56.14 | |||
| Period Momentum Indicator | (108.49) |
Better Choice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Better Choice's price direction in advance. Along with the technical and fundamental analysis of Better Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Better to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0032 | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.86) | |||
| Treynor Ratio | (0.06) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Better Choice. 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. To learn how to invest in Better Stock, please use our How to Invest in Better Choice guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Better Choice's price analysis, check to measure Better Choice'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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice'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 Better Choice. If investors know Better 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 Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (32.25) | Revenue Per Share 54.726 | Quarterly Revenue Growth (0.39) | Return On Assets (0.29) | Return On Equity (1.86) |
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice'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 Better Choice's market value can be influenced by many factors that don't directly affect Better Choice'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 Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Better Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice'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.