Medical Cannabis Pay Stock Probability of Future Pink Sheet Price Finishing Under 0.019
| REFG Stock | USD 0.0007 0.0001 16.67% |
Medical |
Medical Cannabis Target Price Odds to finish below 0.019
The tendency of Medical 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 $ 0.02 after 90 days |
| 0.0007 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Medical Cannabis to stay under $ 0.02 after 90 days from now is close to 99 (This Medical Cannabis Pay probability density function shows the probability of Medical Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Medical Cannabis Pay price to stay between its current price of $ 0.0007 and $ 0.02 at the end of the 90-day period is about 41.79 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 5.15 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Medical Cannabis will likely underperform. Moreover Medical Cannabis Pay has an alpha of 1.4222, implying that it can generate a 1.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Medical Cannabis Price Density |
| Price |
Predictive Modules for Medical Cannabis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medical Cannabis Pay. 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 Medical Cannabis' 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.
Medical Cannabis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medical Cannabis is not an exception. The market had few large corrections towards the Medical Cannabis' 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 Medical Cannabis Pay, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medical Cannabis within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.42 | |
β | Beta against NYSE Composite | 5.15 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | 0.09 |
Medical Cannabis 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 Medical Cannabis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medical Cannabis Pay can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Medical Cannabis Pay is way too risky over 90 days horizon | |
| Medical Cannabis Pay has some characteristics of a very speculative penny stock | |
| Medical Cannabis Pay appears to be risky and price may revert if volatility continues | |
| The company currently holds 230.35 K in liabilities. Medical Cannabis Pay has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Medical Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Medical Cannabis' 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 Medical Cannabis Pay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medical to invest in growth at high rates of return. When we think about Medical Cannabis' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Medical Cannabis Pay currently holds about 27.7 K in cash with (302.56 K) of positive cash flow from operations. |
Medical Cannabis 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 Medical Pink Sheet often depends not only on the future outlook of the current and potential Medical Cannabis' 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. Medical Cannabis' indicators that are reflective of the short sentiment are summarized in the table below.
| Short Long Term Debt | 230.3 K |
Medical Cannabis Technical Analysis
Medical Cannabis' future price can be derived by breaking down and analyzing its technical indicators over time. Medical Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medical Cannabis Pay. In general, you should focus on analyzing Medical Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Medical Cannabis Predictive Forecast Models
Medical Cannabis' time-series forecasting models is one of many Medical Cannabis' 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 Medical Cannabis' 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 Medical Cannabis Pay
Checking the ongoing alerts about Medical Cannabis for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medical Cannabis Pay help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Medical Cannabis Pay is way too risky over 90 days horizon | |
| Medical Cannabis Pay has some characteristics of a very speculative penny stock | |
| Medical Cannabis Pay appears to be risky and price may revert if volatility continues | |
| The company currently holds 230.35 K in liabilities. Medical Cannabis Pay has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Medical Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Medical Cannabis' 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 Medical Cannabis Pay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medical to invest in growth at high rates of return. When we think about Medical Cannabis' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Medical Cannabis Pay currently holds about 27.7 K in cash with (302.56 K) of positive cash flow from operations. |
Check out Medical Cannabis Backtesting, Medical Cannabis Valuation, Medical Cannabis Correlation, Medical Cannabis Hype Analysis, Medical Cannabis Volatility, Medical Cannabis History as well as Medical Cannabis Performance. Note that the Medical Cannabis Pay information on this page should be used as a complementary analysis to other Medical Cannabis' 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Medical Pink Sheet analysis
When running Medical Cannabis' price analysis, check to measure Medical Cannabis' 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 Medical Cannabis is operating at the current time. Most of Medical Cannabis' value examination focuses on studying past and present price action to predict the probability of Medical Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Cannabis' price. Additionally, you may evaluate how the addition of Medical Cannabis to your portfolios can decrease your overall portfolio volatility.
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