BIO MEAT (Israel) Today

BIO MEAT is trading at 228.00 as of the 26th of September 2021, a -3.47 percent decrease since the beginning of the trading day. The stock's open price was 236.199997. Equity ratings for BIO MEAT FOODTECH are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2021 and ending today, the 26th of September 2021. Click here to learn more.

BIO MEAT Stock Profile

BIO MEAT FOODTECH is not yet fully synchronised with the market data
BIO MEAT FOODTECH generates negative expected return over the last 90 days
BIO MEAT FOODTECH has high historical volatility and very poor performance
Legal NameBIO MEAT FOODTECH
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BIO MEAT's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
BIO MEAT FOODTECH (BIMT-L) is traded on Tel Aviv Stock Exchange in Israel .
Check BIO MEAT Probability Of Bankruptcy

BIMT-L Stock Price Odds Analysis

What are BIO MEAT's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of BIO MEAT jumping above the current price in 90 days from now is about 37.9%. The BIO MEAT FOODTECH probability density function shows the probability of BIO MEAT stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BIO MEAT FOODTECH has a beta of -0.0081 suggesting as returns on benchmark increase, returns on holding BIO MEAT are expected to decrease at a much lower rate. During the bear market, however, BIO MEAT FOODTECH is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. BIO MEAT FOODTECH is significantly underperforming DOW.
 Odds Down 228.0HorizonTargetOdds Up 228.0 
61.98%90 days
 228.00 
37.90%
Based on a normal probability distribution, the odds of BIO MEAT to move above the current price in 90 days from now is about 37.9 (This BIO MEAT FOODTECH probability density function shows the probability of BIMT-L Stock to fall within a particular range of prices over 90 days) .

BIO MEAT FOODTECH Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BIO MEAT market risk premium is the additional return an investor will receive from holding BIO MEAT long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BIO MEAT. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BIO MEAT's alpha and beta are two of the key measurements used to evaluate BIO MEAT's performance over the market, the standard measures of volatility play an important role as well.

BIMT-L Stock Against Markets

Picking the right benchmark for BIO MEAT stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BIO MEAT stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BIO MEAT is critical whether you are bullish or bearish towards BIO MEAT FOODTECH at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BIO MEAT stock to make a market-neutral strategy. Peer analysis of BIO MEAT could also be used in its relative valuation, which is a method of valuing BIO MEAT by comparing valuation metrics with similar companies.
Continue to Trending Equities. Note that the BIO MEAT FOODTECH information on this page should be used as a complementary analysis to other BIO MEAT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for BIMT-L Stock

When running BIO MEAT FOODTECH price analysis, check to measure BIO MEAT'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 BIO MEAT is operating at the current time. Most of BIO MEAT's value examination focuses on studying past and present price action to predict the probability of BIO MEAT's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BIO MEAT's price. Additionally, you may evaluate how the addition of BIO MEAT to your portfolios can decrease your overall portfolio volatility.
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