Melkior Resources Stock Probability of Future Pink Sheet Price Finishing Under 0.23
| MKRIF Stock | USD 0.11 0.00 0.00% |
Melkior |
Melkior Resources Target Price Odds to finish below 0.23
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 Price | Horizon | Target Price | Odds to stay under $ 0.23 after 90 days |
| 0.11 | 90 days | 0.23 | close to 99 |
Based on a normal probability distribution, the odds of Melkior Resources to stay under $ 0.23 after 90 days from now is close to 99 (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 $ 0.11 and $ 0.23 at the end of the 90-day period is about 13.46 .
Assuming the 90 days horizon Melkior Resources has a beta of 0.0315. This indicates as returns on the market go up, Melkior Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Melkior Resources will be expected to be much smaller as well. Additionally Melkior Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. 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.
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 | -0.13 | |
β | Beta against NYSE Composite | 0.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
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 had very high historical volatility over the last 90 days | |
| 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 Outstanding | 24.6 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 had very high historical volatility over the last 90 days | |
| 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 |
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. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Melkior Pink Sheet analysis
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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