Shandong Molong Petroleum Stock Probability of Future Pink Sheet Price Finishing Under 0.165
| SHANF Stock | USD 0.23 0.00 0.00% |
Shandong |
Shandong Molong Target Price Odds to finish below 0.165
The tendency of Shandong Pink Sheet 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 $ 0.17 or more in 90 days |
| 0.23 | 90 days | 0.17 | near 1 |
Based on a normal probability distribution, the odds of Shandong Molong to drop to $ 0.17 or more in 90 days from now is near 1 (This Shandong Molong Petroleum probability density function shows the probability of Shandong Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Shandong Molong Petroleum price to stay between $ 0.17 and its current price of $0.23 at the end of the 90-day period is about 6.77 .
Assuming the 90 days horizon Shandong Molong has a beta of 0.13. This usually implies as returns on the market go up, Shandong Molong average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shandong Molong Petroleum will be expected to be much smaller as well. Additionally Shandong Molong Petroleum has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Shandong Molong Price Density |
| Price |
Predictive Modules for Shandong Molong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shandong Molong Petroleum. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Shandong Molong'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.
Shandong Molong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shandong Molong is not an exception. The market had few large corrections towards the Shandong Molong'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 Shandong Molong Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shandong Molong within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.39 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.2 |
Shandong Molong 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 Shandong Molong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shandong Molong Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shandong Molong generated a negative expected return over the last 90 days | |
| Shandong Molong has some characteristics of a very speculative penny stock | |
| The company has accumulated 37.14 M in total debt with debt to equity ratio (D/E) of 2.07, implying the company greatly relies on financing operations through barrowing. Shandong Molong Petroleum has a current ratio of 0.65, 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 Shandong Molong until it has trouble settling it off, either with new capital or with free cash flow. So, Shandong Molong's 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 Shandong Molong Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shandong to invest in growth at high rates of return. When we think about Shandong Molong's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.73 B. Net Loss for the year was (368.02 M) with profit before overhead, payroll, taxes, and interest of 172.34 M. | |
| About 59.0% of Shandong Molong outstanding shares are owned by corporate insiders |
Shandong Molong 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 Shandong Pink Sheet often depends not only on the future outlook of the current and potential Shandong Molong'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. Shandong Molong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 797.8 M |
Shandong Molong Technical Analysis
Shandong Molong's future price can be derived by breaking down and analyzing its technical indicators over time. Shandong Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shandong Molong Petroleum. In general, you should focus on analyzing Shandong Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Shandong Molong Predictive Forecast Models
Shandong Molong's time-series forecasting models is one of many Shandong Molong's pink sheet 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 Shandong Molong'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Shandong Molong Petroleum
Checking the ongoing alerts about Shandong Molong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shandong Molong Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shandong Molong generated a negative expected return over the last 90 days | |
| Shandong Molong has some characteristics of a very speculative penny stock | |
| The company has accumulated 37.14 M in total debt with debt to equity ratio (D/E) of 2.07, implying the company greatly relies on financing operations through barrowing. Shandong Molong Petroleum has a current ratio of 0.65, 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 Shandong Molong until it has trouble settling it off, either with new capital or with free cash flow. So, Shandong Molong's 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 Shandong Molong Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shandong to invest in growth at high rates of return. When we think about Shandong Molong's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.73 B. Net Loss for the year was (368.02 M) with profit before overhead, payroll, taxes, and interest of 172.34 M. | |
| About 59.0% of Shandong Molong outstanding shares are owned by corporate insiders |
Check out Shandong Molong Backtesting, Shandong Molong Valuation, Shandong Molong Correlation, Shandong Molong Hype Analysis, Shandong Molong Volatility, Shandong Molong History as well as Shandong Molong Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Shandong Pink Sheet analysis
When running Shandong Molong's price analysis, check to measure Shandong Molong'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 Shandong Molong is operating at the current time. Most of Shandong Molong's value examination focuses on studying past and present price action to predict the probability of Shandong Molong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Molong's price. Additionally, you may evaluate how the addition of Shandong Molong to your portfolios can decrease your overall portfolio volatility.
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