Mongolia Growth Group Stock Probability of Future Stock Price Finishing Under 1.4
| YAK Stock | CAD 1.47 0.01 0.68% |
Mongolia |
Mongolia Growth Target Price Odds to finish below 1.4
The tendency of Mongolia 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 C$ 1.40 or more in 90 days |
| 1.47 | 90 days | 1.40 | about 28.23 |
Based on a normal probability distribution, the odds of Mongolia Growth to drop to C$ 1.40 or more in 90 days from now is about 28.23 (This Mongolia Growth Group probability density function shows the probability of Mongolia Stock to fall within a particular range of prices over 90 days) . Probability of Mongolia Growth Group price to stay between C$ 1.40 and its current price of C$1.47 at the end of the 90-day period is about 63.5 .
Assuming the 90 days horizon Mongolia Growth Group has a beta of -0.1. This entails as returns on the benchmark increase, returns on holding Mongolia Growth are expected to decrease at a much lower rate. During a bear market, however, Mongolia Growth Group is likely to outperform the market. Additionally Mongolia Growth Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Mongolia Growth Price Density |
| Price |
Predictive Modules for Mongolia Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mongolia Growth 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 Mongolia Growth'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.
Mongolia Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mongolia Growth is not an exception. The market had few large corrections towards the Mongolia Growth'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 Mongolia Growth Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mongolia Growth within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0075 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
Mongolia Growth 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 Mongolia Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mongolia Growth 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.| Mongolia Growth generated a negative expected return over the last 90 days | |
| Mongolia Growth may become a speculative penny stock | |
| Mongolia Growth has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.32 M. Net Loss for the year was (13.18 M) with profit before overhead, payroll, taxes, and interest of 4.02 M. | |
| Mongolia Growth Group has accumulated about 2.99 M in cash with (4.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders |
Mongolia Growth 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 Mongolia Stock often depends not only on the future outlook of the current and potential Mongolia Growth'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. Mongolia Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M |
Mongolia Growth Technical Analysis
Mongolia Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Mongolia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mongolia Growth Group. In general, you should focus on analyzing Mongolia Stock price patterns and their correlations with different microeconomic environments and drivers.
Mongolia Growth Predictive Forecast Models
Mongolia Growth's time-series forecasting models is one of many Mongolia Growth'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 Mongolia Growth'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 Mongolia Growth Group
Checking the ongoing alerts about Mongolia Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mongolia Growth Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mongolia Growth generated a negative expected return over the last 90 days | |
| Mongolia Growth may become a speculative penny stock | |
| Mongolia Growth has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.32 M. Net Loss for the year was (13.18 M) with profit before overhead, payroll, taxes, and interest of 4.02 M. | |
| Mongolia Growth Group has accumulated about 2.99 M in cash with (4.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders |
Check out Mongolia Growth Backtesting, Mongolia Growth Valuation, Mongolia Growth Correlation, Mongolia Growth Hype Analysis, Mongolia Growth Volatility, Mongolia Growth History as well as Mongolia Growth Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Mongolia Stock analysis
When running Mongolia Growth's price analysis, check to measure Mongolia Growth'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 Mongolia Growth is operating at the current time. Most of Mongolia Growth's value examination focuses on studying past and present price action to predict the probability of Mongolia Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mongolia Growth's price. Additionally, you may evaluate how the addition of Mongolia Growth to your portfolios can decrease your overall portfolio volatility.
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