Melkior Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.2304

MKRIF Stock  USD 0.08  0.01  12.77%   
Melkior Resources' future price is the expected price of Melkior Resources instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Melkior Resources performance during a given time horizon utilizing its historical volatility. Check out Melkior Resources Backtesting, Melkior Resources Valuation, Melkior Resources Correlation, Melkior Resources Hype Analysis, Melkior Resources Volatility, Melkior Resources History as well as Melkior Resources Performance.
  
Please specify Melkior Resources' target price for which you would like Melkior Resources odds to be computed.

Melkior Resources Target Price Odds to finish over 0.2304

The tendency of Melkior 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 PriceHorizonTarget PriceOdds to move over $ 0.23  or more in 90 days
 0.08 90 days 0.23 
near 1
Based on a normal probability distribution, the odds of Melkior Resources to move over $ 0.23  or more in 90 days from now is near 1 (This Melkior Resources probability density function shows the probability of Melkior Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Melkior Resources price to stay between its current price of $ 0.08  and $ 0.23  at the end of the 90-day period is about 84.82 .
Assuming the 90 days horizon Melkior Resources has a beta of -1.74. This indicates as returns on its benchmark rise, returns on holding Melkior Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Melkior Resources is expected to outperform its benchmark. Additionally Melkior Resources has an alpha of 0.3589, implying that it can generate a 0.36 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Melkior Resources Price Density   
       Price  

Predictive Modules for Melkior Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melkior Resources. 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 Melkior Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.000.085.20
Details
Intrinsic
Valuation
LowRealHigh
0.000.085.20
Details
Naive
Forecast
LowNextHigh
00.075.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.070.090.1
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Melkior Resources. Your research has to be compared to or analyzed against Melkior Resources' peers to derive any actionable benefits. When done correctly, Melkior Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Melkior Resources.

Melkior Resources Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Melkior Resources is not an exception. The market had few large corrections towards the Melkior Resources' 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 Melkior Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melkior Resources within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.36
β
Beta against NYSE Composite-1.74
σ
Overall volatility
0.02
Ir
Information ratio 0

Melkior Resources 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 Melkior Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Melkior Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Melkior Resources generated a negative expected return over the last 90 days
Melkior Resources has high historical volatility and very poor performance
Melkior Resources has some characteristics of a very speculative penny stock
Melkior Resources has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (331.3 K) with profit before overhead, payroll, taxes, and interest of 0.
Melkior Resources has accumulated about 2.8 M in cash with (265.92 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 21.0% of the company outstanding shares are owned by corporate insiders

Melkior Resources 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 Melkior Pink Sheet often depends not only on the future outlook of the current and potential Melkior Resources' 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. Melkior Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding24.6 M

Melkior Resources Technical Analysis

Melkior Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Melkior Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melkior Resources. In general, you should focus on analyzing Melkior Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Melkior Resources Predictive Forecast Models

Melkior Resources' time-series forecasting models is one of many Melkior Resources' 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 Melkior Resources' 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 Melkior Resources

Checking the ongoing alerts about Melkior Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Melkior Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Melkior Resources generated a negative expected return over the last 90 days
Melkior Resources has high historical volatility and very poor performance
Melkior Resources has some characteristics of a very speculative penny stock
Melkior Resources has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (331.3 K) with profit before overhead, payroll, taxes, and interest of 0.
Melkior Resources has accumulated about 2.8 M in cash with (265.92 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 21.0% of the company outstanding shares are owned by corporate insiders

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When running Melkior Resources' price analysis, check to measure Melkior Resources' 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 Melkior Resources is operating at the current time. Most of Melkior Resources' value examination focuses on studying past and present price action to predict the probability of Melkior Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melkior Resources' price. Additionally, you may evaluate how the addition of Melkior Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Melkior Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melkior Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melkior Resources' 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.