Mill City Ventures Stock Probability of Future Stock Price Finishing Over 2.85
| MCVT Stock | USD 2.55 0.02 0.79% |
Mill |
Mill City Target Price Odds to finish over 2.85
The tendency of Mill 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 move over $ 2.85 or more in 90 days |
| 2.55 | 90 days | 2.85 | about 1.46 |
Based on a normal probability distribution, the odds of Mill City to move over $ 2.85 or more in 90 days from now is about 1.46 (This Mill City Ventures probability density function shows the probability of Mill Stock to fall within a particular range of prices over 90 days) . Probability of Mill City Ventures price to stay between its current price of $ 2.55 and $ 2.85 at the end of the 90-day period is about 69.27 .
Given the investment horizon of 90 days Mill City Ventures has a beta of -1.18. This indicates as returns on its benchmark rise, returns on holding Mill City Ventures are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mill City is expected to outperform its benchmark. Additionally Mill City Ventures has an alpha of 0.094, implying that it can generate a 0.094 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Mill City Price Density |
| Price |
Predictive Modules for Mill City
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mill City Ventures. 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 Mill City'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.
Mill City Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mill City is not an exception. The market had few large corrections towards the Mill City'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 Mill City Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mill City within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | -1.18 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.01 |
Mill City 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 Mill City for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mill City Ventures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mill City Ventures had very high historical volatility over the last 90 days | |
| Mill City Ventures has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.74 M. Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 4.2 M. | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Geraci Joseph Anthony Ii of 5000 shares of Mill City at 0.74 subject to Rule 16b-3 |
Mill City 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 Mill Stock often depends not only on the future outlook of the current and potential Mill City'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. Mill City's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.2 M | |
| Cash And Short Term Investments | 17.3 M |
Mill City Technical Analysis
Mill City's future price can be derived by breaking down and analyzing its technical indicators over time. Mill Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mill City Ventures. In general, you should focus on analyzing Mill Stock price patterns and their correlations with different microeconomic environments and drivers.
Mill City Predictive Forecast Models
Mill City's time-series forecasting models is one of many Mill City'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 Mill City'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 Mill City Ventures
Checking the ongoing alerts about Mill City for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mill City Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mill City Ventures had very high historical volatility over the last 90 days | |
| Mill City Ventures has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.74 M. Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 4.2 M. | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Geraci Joseph Anthony Ii of 5000 shares of Mill City at 0.74 subject to Rule 16b-3 |
Check out Mill City Backtesting, Mill City Valuation, Mill City Correlation, Mill City Hype Analysis, Mill City Volatility, Mill City History as well as Mill City Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Mill Stock analysis
When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City's industry 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 Mill City. If investors know Mill 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 Mill City 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 (0.89) | Revenue Per Share 0.519 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0346 | Return On Equity (0) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City'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 Mill City's market value can be influenced by many factors that don't directly affect Mill City'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 Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.