Mind Technology Pref Preferred Stock Probability of Future Preferred Stock Price Finishing Over 7.04
| MINDP Preferred Stock | USD 11.16 0.16 1.45% |
Mind |
Mind Technology Target Price Odds to finish over 7.04
The tendency of Mind Preferred 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 above $ 7.04 in 90 days |
| 11.16 | 90 days | 7.04 | over 95.79 |
Based on a normal probability distribution, the odds of Mind Technology to stay above $ 7.04 in 90 days from now is over 95.79 (This Mind Technology Pref probability density function shows the probability of Mind Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Mind Technology Pref price to stay between $ 7.04 and its current price of $11.16 at the end of the 90-day period is over 95.05 .
Assuming the 90 days horizon Mind Technology has a beta of 0.65. This indicates as returns on the market go up, Mind Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mind Technology Pref will be expected to be much smaller as well. Additionally Mind Technology Pref has an alpha of 0.4866, implying that it can generate a 0.49 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Mind Technology Price Density |
| Price |
Predictive Modules for Mind Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mind Technology Pref. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 Mind Technology'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.
Mind Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mind Technology is not an exception. The market had few large corrections towards the Mind Technology'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 Mind Technology Pref, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mind Technology within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.49 | |
β | Beta against NYSE Composite | 0.65 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | 0.09 |
Mind Technology 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 Mind Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mind Technology Pref can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mind Technology Pref is way too risky over 90 days horizon | |
| Mind Technology Pref appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 23.11 M. Net Loss for the year was (15.09 M) with profit before overhead, payroll, taxes, and interest of 6.02 M. | |
| Mind Technology Pref has accumulated about 833 K in cash with (17.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
Mind Technology 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 Mind Preferred Stock often depends not only on the future outlook of the current and potential Mind Technology'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. Mind Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 M | |
| Cash And Short Term Investments | 5.1 M |
Mind Technology Technical Analysis
Mind Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Mind Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mind Technology Pref. In general, you should focus on analyzing Mind Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Mind Technology Predictive Forecast Models
Mind Technology's time-series forecasting models is one of many Mind Technology's preferred 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 Mind Technology'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Mind Technology Pref
Checking the ongoing alerts about Mind Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mind Technology Pref help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mind Technology Pref is way too risky over 90 days horizon | |
| Mind Technology Pref appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 23.11 M. Net Loss for the year was (15.09 M) with profit before overhead, payroll, taxes, and interest of 6.02 M. | |
| Mind Technology Pref has accumulated about 833 K in cash with (17.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
Check out Mind Technology Backtesting, Mind Technology Valuation, Mind Technology Correlation, Mind Technology Hype Analysis, Mind Technology Volatility, Mind Technology History as well as Mind Technology Performance. To learn how to invest in Mind Preferred Stock, please use our How to Invest in Mind Technology guide.Note that the Mind Technology Pref information on this page should be used as a complementary analysis to other Mind Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Mind Preferred Stock analysis
When running Mind Technology's price analysis, check to measure Mind Technology'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 Mind Technology is operating at the current time. Most of Mind Technology's value examination focuses on studying past and present price action to predict the probability of Mind Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Technology's price. Additionally, you may evaluate how the addition of Mind Technology to your portfolios can decrease your overall portfolio volatility.
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