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

BTX -- Israel Stock  

ILS 500.20  5.60  1.11%

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 BioTime Backtesting, BioTime Valuation, BioTime Correlation, BioTime Hype Analysis, BioTime Volatility, BioTime History as well as BioTime Performance.
Horizon     30 Days    Login   to change
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BioTime Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 500.20 30 days 500.20  ABOUT 98.0%
Based on normal probability distribution, the odds of BioTime to move above current price in 30 days from now is about 98.0% (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, the stock has beta coefficient of 1.1435 . This suggests BioTime market returns are very sensitive to returns on the market. As the market benchmark goes up or down, BioTime is expected to follow. 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 
      Price 
α
Alpha over DOW
=1.2
β
Beta against DOW=1.14
σ
Overall volatility
=112.94
Ir
Information ratio =0.26

BioTime Alerts

BioTime Alerts and Suggestions

BioTime generates negative expected return over the last 30 days
BioTime has high historical volatility and very poor performance
The company reported revenue of 5.23M. Net Loss for the year was (72.97M) with profit before overhead, payroll, taxes, and interest of 3.29M.
BIOTIME has accumulated about 21.44M in cash with (30.75M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Roughly 46.0% of the company shares are held by company insiders
Latest headline from dminute.com: Channing Capital Management Increases Stake in Philip Morris International In Mason Street Advisors Has Lowered Position in 3 by 316,199 as Market Valuation Rose - D Minute

Price Density Drivers

BioTime Health Indicators

Float Shares89.15M
Average Daily Volume Last 10 Day51.56k
Average Daily Volume In Three Month50.9k
Check also BioTime Backtesting, BioTime Valuation, BioTime Correlation, BioTime Hype Analysis, BioTime Volatility, BioTime History as well as BioTime Performance. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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