Macdonald Mines Exploration Stock Probability of Future Stock Price Finishing Under 0.08
| BMK Stock | CAD 0.04 0.00 0.00% |
MacDonald |
MacDonald Mines Target Price Odds to finish below 0.08
The tendency of MacDonald 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 stay under C$ 0.08 after 90 days |
| 0.04 | 90 days | 0.08 | close to 99 |
Based on a normal probability distribution, the odds of MacDonald Mines to stay under C$ 0.08 after 90 days from now is close to 99 (This MacDonald Mines Exploration probability density function shows the probability of MacDonald Stock to fall within a particular range of prices over 90 days) . Probability of MacDonald Mines Expl price to stay between its current price of C$ 0.04 and C$ 0.08 at the end of the 90-day period is about 88.45 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.24 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MacDonald Mines will likely underperform. Additionally MacDonald Mines Exploration has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. MacDonald Mines Price Density |
| Price |
Predictive Modules for MacDonald Mines
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MacDonald Mines Expl. 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 MacDonald Mines' 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.
MacDonald Mines Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MacDonald Mines is not an exception. The market had few large corrections towards the MacDonald Mines' 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 MacDonald Mines Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MacDonald Mines within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.24 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.01 |
MacDonald Mines 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 MacDonald Mines for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MacDonald Mines Expl can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MacDonald Mines Expl had very high historical volatility over the last 90 days | |
| MacDonald Mines Expl has some characteristics of a very speculative penny stock | |
| MacDonald Mines Expl has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 200 K in total debt. MacDonald Mines Expl has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MacDonald Mines until it has trouble settling it off, either with new capital or with free cash flow. So, MacDonald Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MacDonald Mines Expl sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MacDonald to invest in growth at high rates of return. When we think about MacDonald Mines' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.59 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| MacDonald Mines Exploration has accumulated about 482.93 K in cash with (698.7 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
MacDonald Mines 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 MacDonald Stock often depends not only on the future outlook of the current and potential MacDonald Mines' 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. MacDonald Mines' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26 M | |
| Cash And Short Term Investments | 436.7 K | |
| Shares Float | 37.2 M |
MacDonald Mines Technical Analysis
MacDonald Mines' future price can be derived by breaking down and analyzing its technical indicators over time. MacDonald Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MacDonald Mines Exploration. In general, you should focus on analyzing MacDonald Stock price patterns and their correlations with different microeconomic environments and drivers.
MacDonald Mines Predictive Forecast Models
MacDonald Mines' time-series forecasting models is one of many MacDonald Mines' 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 MacDonald Mines' 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 MacDonald Mines Expl
Checking the ongoing alerts about MacDonald Mines for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MacDonald Mines Expl help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MacDonald Mines Expl had very high historical volatility over the last 90 days | |
| MacDonald Mines Expl has some characteristics of a very speculative penny stock | |
| MacDonald Mines Expl has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 200 K in total debt. MacDonald Mines Expl has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MacDonald Mines until it has trouble settling it off, either with new capital or with free cash flow. So, MacDonald Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MacDonald Mines Expl sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MacDonald to invest in growth at high rates of return. When we think about MacDonald Mines' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.59 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| MacDonald Mines Exploration has accumulated about 482.93 K in cash with (698.7 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Check out MacDonald Mines Backtesting, MacDonald Mines Valuation, MacDonald Mines Correlation, MacDonald Mines Hype Analysis, MacDonald Mines Volatility, MacDonald Mines History as well as MacDonald Mines Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for MacDonald Stock analysis
When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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