Baijiayun Group Stock Probability of Future Stock Price Finishing Under 3.83
| RTC Stock | 4.12 0.82 24.85% |
Baijiayun |
Baijiayun Target Price Odds to finish below 3.83
The tendency of Baijiayun 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 Price | Horizon | Target Price | Odds to drop to 3.83 or more in 90 days |
| 4.12 | 90 days | 3.83 | about 1.13 |
Based on a normal probability distribution, the odds of Baijiayun to drop to 3.83 or more in 90 days from now is about 1.13 (This Baijiayun Group probability density function shows the probability of Baijiayun Stock to fall within a particular range of prices over 90 days) . Probability of Baijiayun Group price to stay between 3.83 and its current price of 4.12 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.49 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Baijiayun will likely underperform. Additionally Baijiayun Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Baijiayun Price Density |
| Price |
Predictive Modules for Baijiayun
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baijiayun Group. 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 Baijiayun'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.
Baijiayun Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baijiayun is not an exception. The market had few large corrections towards the Baijiayun'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 Baijiayun Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baijiayun within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | -0.14 |
Baijiayun 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 Baijiayun for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baijiayun Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baijiayun Group generated a negative expected return over the last 90 days | |
| Baijiayun Group has high historical volatility and very poor performance | |
| Baijiayun Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 59.79 M. Reported Net Loss for the year was (83.08 M) with profit before taxes, overhead, and interest of 18.43 M. | |
| Baijiayun generates negative cash flow from operations | |
| About 70.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Yu Liu, Vice President of Baijiayun, to Attend 2024 Jixin AIGC Summit for Exploring New Industry Landscape |
Baijiayun 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 Baijiayun Stock often depends not only on the future outlook of the current and potential Baijiayun'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. Baijiayun's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.3 M | |
| Cash And Short Term Investments | 8.7 M |
Baijiayun Technical Analysis
Baijiayun's future price can be derived by breaking down and analyzing its technical indicators over time. Baijiayun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baijiayun Group. In general, you should focus on analyzing Baijiayun Stock price patterns and their correlations with different microeconomic environments and drivers.
Baijiayun Predictive Forecast Models
Baijiayun's time-series forecasting models is one of many Baijiayun'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 Baijiayun'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 Baijiayun Group
Checking the ongoing alerts about Baijiayun for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baijiayun Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baijiayun Group generated a negative expected return over the last 90 days | |
| Baijiayun Group has high historical volatility and very poor performance | |
| Baijiayun Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 59.79 M. Reported Net Loss for the year was (83.08 M) with profit before taxes, overhead, and interest of 18.43 M. | |
| Baijiayun generates negative cash flow from operations | |
| About 70.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Yu Liu, Vice President of Baijiayun, to Attend 2024 Jixin AIGC Summit for Exploring New Industry Landscape |
Check out Baijiayun Backtesting, Baijiayun Valuation, Baijiayun Correlation, Baijiayun Hype Analysis, Baijiayun Volatility, Baijiayun History as well as Baijiayun Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baijiayun. If investors know Baijiayun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baijiayun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share (4.25) | Revenue Per Share 3.105 | Quarterly Revenue Growth (0.25) | Return On Equity (1.46) |
The market value of Baijiayun Group is measured differently than its book value, which is the value of Baijiayun that is recorded on the company's balance sheet. Investors also form their own opinion of Baijiayun's value that differs from its market value or its book value, called intrinsic value, which is Baijiayun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baijiayun's market value can be influenced by many factors that don't directly affect Baijiayun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baijiayun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baijiayun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baijiayun'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.