Mynaric Ag Adr Stock Probability of Future Stock Price Finishing Over 5.28
| MYNA Stock | USD 5.28 0.28 5.04% |
Mynaric |
Mynaric AG Target Price Odds to finish over 5.28
The tendency of Mynaric 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 move above the current price in 90 days |
| 5.28 | 90 days | 5.28 | about 27.67 |
Based on a normal probability distribution, the odds of Mynaric AG to move above the current price in 90 days from now is about 27.67 (This Mynaric AG ADR probability density function shows the probability of Mynaric Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Mynaric AG ADR has a beta of -1.69. This indicates as returns on its benchmark rise, returns on holding Mynaric AG ADR are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mynaric AG is expected to outperform its benchmark. Additionally Mynaric AG ADR has an alpha of 0.2644, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Mynaric AG Price Density |
| Price |
Predictive Modules for Mynaric AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mynaric AG ADR. 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 Mynaric AG'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.
Mynaric AG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mynaric AG is not an exception. The market had few large corrections towards the Mynaric AG'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 Mynaric AG ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mynaric AG within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | -1.69 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.01 |
Mynaric AG 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 Mynaric AG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mynaric AG ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mynaric AG ADR generated a negative expected return over the last 90 days | |
| Mynaric AG ADR has high historical volatility and very poor performance | |
| Mynaric AG ADR has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.42 M. Net Loss for the year was (73.78 M) with loss before overhead, payroll, taxes, and interest of (8.69 M). | |
| Mynaric AG ADR currently holds about 48.14 M in cash with (50.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3. | |
| Mynaric AG ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from accesswire.com: Volume Production Begins for Mynarics Flagship Space Laser Terminal - CONDOR Mk3 |
Mynaric AG 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 Mynaric Stock often depends not only on the future outlook of the current and potential Mynaric AG'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. Mynaric AG's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 M | |
| Cash And Short Term Investments | 10.4 M |
Mynaric AG Technical Analysis
Mynaric AG's future price can be derived by breaking down and analyzing its technical indicators over time. Mynaric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mynaric AG ADR. In general, you should focus on analyzing Mynaric Stock price patterns and their correlations with different microeconomic environments and drivers.
Mynaric AG Predictive Forecast Models
Mynaric AG's time-series forecasting models is one of many Mynaric AG's 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 Mynaric AG'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 stock market movement and maximize returns from investment trading.
Things to note about Mynaric AG ADR
Checking the ongoing alerts about Mynaric AG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mynaric AG ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mynaric AG ADR generated a negative expected return over the last 90 days | |
| Mynaric AG ADR has high historical volatility and very poor performance | |
| Mynaric AG ADR has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.42 M. Net Loss for the year was (73.78 M) with loss before overhead, payroll, taxes, and interest of (8.69 M). | |
| Mynaric AG ADR currently holds about 48.14 M in cash with (50.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3. | |
| Mynaric AG ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from accesswire.com: Volume Production Begins for Mynarics Flagship Space Laser Terminal - CONDOR Mk3 |
Check out Mynaric AG Backtesting, Mynaric AG Valuation, Mynaric AG Correlation, Mynaric AG Hype Analysis, Mynaric AG Volatility, Mynaric AG History as well as Mynaric AG Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Mynaric AG's price analysis, check to measure Mynaric AG'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 Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.
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Is Mynaric AG's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mynaric AG. If investors know Mynaric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.42) | Revenue Per Share 0.3218 | Quarterly Revenue Growth 1.951 | Return On Assets (0.37) | Return On Equity (2.34) |
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG's 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.