BioTime (Israel) Probability of Target Price Finishing Over Current Price

BTX -- Israel Stock  

ILS 775.30  66.60  7.91%

BioTime probability of target price tool provides mechanism to make assumptions about upside and downside potential of BioTime performance during a given time horizon utilizing its historical volatility. Please specify BioTime time horizon, a valid symbol (red box) and a target price (blue box) you would like BioTime odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

BioTime Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 775.30 30 days 775.30  UNDER 95%
Based on normal probability distribution, the odds of BioTime to move above current price in 30 days from now is under 95% (This BioTime probability density function shows the probability of BioTime Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BioTime has beta of -1.6896 . This suggests as returns on its benchmark rise, returns on holding BioTime are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BioTime is expected to outperform its benchmark. Additionally BioTime has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 BioTime Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.73
β
Beta against DOW=1.69
σ
Overall volatility
=75.04
Ir
Information ratio =0.1

BioTime Alerts

BioTime Alerts and Suggestions

BioTime is not yet fully synchronised with the market data
BioTime generates negative expected return over the last 30 days
BioTime has high historical volatility and very poor performance
The company reported revenue of 5.93 M. Net Loss for the year was (125.38 M) with profit before overhead, payroll, taxes, and interest of 3.29 M.
BIOTIME has accumulated about 29.16 M in cash with (31.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Roughly 46.0% of the company shares are held by company insiders

Price Density Drivers

BioTime Health Indicators

Float Shares89.08M
Average Daily Volume Last 10 Day34.96k
Average Daily Volume In Three Month42.68k
Check also Trending Equities. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Search macroaxis.com