Biotron Ltd Probability of Target Price Finishing Above 0.024

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BITRF -- USA Stock  

USD 0.041  0.004  10.81%

Biotron Ltd probability of target price tool provides mechanism to make assumptions about upside and downside potential of Biotron Ltd Ord performance during a given time horizon utilizing its historical volatility. Please specify Biotron Ltd time horizon, a valid symbol (red box) and a target price (blue box) you would like Biotron Ltd odds to be computed. Continue to Biotron Ltd Backtesting, Biotron Ltd Valuation, Biotron Ltd Correlation, Biotron Ltd Hype Analysis, Biotron Ltd Volatility, Biotron Ltd History as well as Biotron Ltd Performance.
Horizon     30 Days    Login   to change
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Biotron Ltd Target Price Odds to finish below 0.024

Current PriceHorizonTarget PriceOdds to drop to $ 0.024  or more in 30 days
 0.041 30 days 0.024 
near 1
Based on normal probability distribution, the odds of Biotron Ltd to drop to $ 0.024  or more in 30 days from now is near 1 (This Biotron Ltd Ord probability density function shows the probability of Biotron Ltd OTC Stock to fall within a particular range of prices over 30 days) . Probability of Biotron Ltd Ord price to stay between $ 0.024  and its current price of $0.041 at the end of the 30-day period is about 30.56 .
Assuming 30 trading days horizon, the otc stock has beta coefficient of 2.84 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Biotron Ltd will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Biotron Ltd Ord is significantly underperforming DOW.
 Biotron Ltd Price Density 
    
  Price 
α
Alpha over DOW
=0.18
β
Beta against DOW=2.84
σ
Overall volatility
=0.006228
Ir
Information ratio =0.005805

Biotron Ltd Alerts and Suggestions

Biotron Ltd Ord has very high historical volatility over the last 30 days
Biotron Ltd Ord has some characteristics of a very speculative penny stock
Biotron Ltd Ord has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 1.2 M. Net Loss for the year was (1.18 M) with profit before overhead, payroll, taxes, and interest of 1.07 M.
BIOTRON LTD has accumulated about 1.14 M in cash with (1.36 M) of positive cash flow from operations.
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Biotron LtdPrice Density Drivers

Float Shares495.75M
Average Daily Volume Last 10 Day2.17k
Average Daily Volume In Three Month2.07k