MONGOLIAN MINING (Germany) Probability of Future Stock Price Finishing Under 1.06
| 29X2 Stock | EUR 0.97 0.03 3.00% |
MONGOLIAN |
MONGOLIAN MINING Target Price Odds to finish below 1.06
The tendency of MONGOLIAN 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 under € 1.06 after 90 days |
| 0.97 | 90 days | 1.06 | about 86.64 |
Based on a normal probability distribution, the odds of MONGOLIAN MINING to stay under € 1.06 after 90 days from now is about 86.64 (This MONGOLIAN MINING CRPREGS probability density function shows the probability of MONGOLIAN Stock to fall within a particular range of prices over 90 days) . Probability of MONGOLIAN MINING CRPREGS price to stay between its current price of € 0.97 and € 1.06 at the end of the 90-day period is about 32.29 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.75 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MONGOLIAN MINING will likely underperform. Additionally MONGOLIAN MINING CRPREGS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. MONGOLIAN MINING Price Density |
| Price |
Predictive Modules for MONGOLIAN MINING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MONGOLIAN MINING CRPREGS. 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.MONGOLIAN MINING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MONGOLIAN MINING is not an exception. The market had few large corrections towards the MONGOLIAN MINING'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 MONGOLIAN MINING CRPREGS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MONGOLIAN MINING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.75 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.01 |
MONGOLIAN MINING 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 MONGOLIAN MINING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MONGOLIAN MINING CRPREGS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MONGOLIAN MINING has some characteristics of a very speculative penny stock | |
| MONGOLIAN MINING had very high historical volatility over the last 90 days | |
| MONGOLIAN MINING has high likelihood to experience some financial distress in the next 2 years | |
| About 46.0% of the company shares are owned by insiders or employees |
MONGOLIAN MINING 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 MONGOLIAN Stock often depends not only on the future outlook of the current and potential MONGOLIAN MINING'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. MONGOLIAN MINING's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 557.4 M |
MONGOLIAN MINING Technical Analysis
MONGOLIAN MINING's future price can be derived by breaking down and analyzing its technical indicators over time. MONGOLIAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MONGOLIAN MINING CRPREGS. In general, you should focus on analyzing MONGOLIAN Stock price patterns and their correlations with different microeconomic environments and drivers.
MONGOLIAN MINING Predictive Forecast Models
MONGOLIAN MINING's time-series forecasting models is one of many MONGOLIAN MINING'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 MONGOLIAN MINING'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 MONGOLIAN MINING CRPREGS
Checking the ongoing alerts about MONGOLIAN MINING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MONGOLIAN MINING CRPREGS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MONGOLIAN MINING has some characteristics of a very speculative penny stock | |
| MONGOLIAN MINING had very high historical volatility over the last 90 days | |
| MONGOLIAN MINING has high likelihood to experience some financial distress in the next 2 years | |
| About 46.0% of the company shares are owned by insiders or employees |
Other Information on Investing in MONGOLIAN Stock
MONGOLIAN MINING financial ratios help investors to determine whether MONGOLIAN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MONGOLIAN with respect to the benefits of owning MONGOLIAN MINING security.