BioLight Life (Israel) Probability of Future Stock Price Finishing Over 1,376

BOLT Stock  ILS 436.50  13.50  3.00%   
BioLight Life's future price is the expected price of BioLight Life 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 BioLight Life Sciences performance during a given time horizon utilizing its historical volatility. Check out BioLight Life Backtesting, BioLight Life Valuation, BioLight Life Correlation, BioLight Life Hype Analysis, BioLight Life Volatility, BioLight Life History as well as BioLight Life Performance.
  
Please specify BioLight Life's target price for which you would like BioLight Life odds to be computed.

BioLight Life Target Price Odds to finish over 1,376

The tendency of BioLight 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 436.50 90 days 436.50 
about 99.0
Based on a normal probability distribution, the odds of BioLight Life to move above the current price in 90 days from now is about 99.0 (This BioLight Life Sciences probability density function shows the probability of BioLight Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BioLight Life Sciences has a beta of -0.8 suggesting as returns on benchmark increase, returns on holding BioLight Life are expected to decrease at a much lower rate. During the bear market, however, BioLight Life Sciences is likely to outperform the market. Additionally BioLight Life Sciences has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   BioLight Life Price Density   
       Price  

Predictive Modules for BioLight Life

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BioLight Life Sciences. 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 BioLight Life'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.
Hype
Prediction
LowEstimatedHigh
432.98436.50440.02
Details
Intrinsic
Valuation
LowRealHigh
392.20395.72480.15
Details
Naive
Forecast
LowNextHigh
437.81441.34444.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
424.64452.17479.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BioLight Life. Your research has to be compared to or analyzed against BioLight Life's peers to derive any actionable benefits. When done correctly, BioLight Life's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BioLight Life Sciences.

BioLight Life Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BioLight Life is not an exception. The market had few large corrections towards the BioLight Life'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 BioLight Life Sciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BioLight Life within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.2
β
Beta against NYSE Composite-0.8
σ
Overall volatility
27.98
Ir
Information ratio -0.1

BioLight Life 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 BioLight Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BioLight Life Sciences can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BioLight Life generated a negative expected return over the last 90 days
BioLight Life has high historical volatility and very poor performance
BioLight Life Sciences has accumulated about 39.85 M in cash with (10.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.77.
Roughly 56.0% of the company shares are held by company insiders

BioLight Life 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 BioLight Stock often depends not only on the future outlook of the current and potential BioLight Life'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. BioLight Life's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4.6 M
Shares Float1.9 M

BioLight Life Technical Analysis

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

BioLight Life Predictive Forecast Models

BioLight Life's time-series forecasting models is one of many BioLight Life'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 BioLight Life'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 BioLight Life Sciences

Checking the ongoing alerts about BioLight Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BioLight Life Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BioLight Life generated a negative expected return over the last 90 days
BioLight Life has high historical volatility and very poor performance
BioLight Life Sciences has accumulated about 39.85 M in cash with (10.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.77.
Roughly 56.0% of the company shares are held by company insiders
Check out BioLight Life Backtesting, BioLight Life Valuation, BioLight Life Correlation, BioLight Life Hype Analysis, BioLight Life Volatility, BioLight Life History as well as BioLight Life Performance.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for BioLight Stock analysis

When running BioLight Life's price analysis, check to measure BioLight Life'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 BioLight Life is operating at the current time. Most of BioLight Life's value examination focuses on studying past and present price action to predict the probability of BioLight Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioLight Life's price. Additionally, you may evaluate how the addition of BioLight Life to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Please note, there is a significant difference between BioLight Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if BioLight Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioLight Life'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.