Connectm Technology Solutions, Stock Probability of Future Stock Price Finishing Over 0.88
| CNTM Stock | USD 0.78 0.03 3.70% |
ConnectM |
ConnectM Technology Target Price Odds to finish over 0.88
The tendency of ConnectM 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 over $ 0.88 or more in 90 days |
| 0.78 | 90 days | 0.88 | about 77.91 |
Based on a normal probability distribution, the odds of ConnectM Technology to move over $ 0.88 or more in 90 days from now is about 77.91 (This ConnectM Technology Solutions, probability density function shows the probability of ConnectM Stock to fall within a particular range of prices over 90 days) . Probability of ConnectM Technology price to stay between its current price of $ 0.78 and $ 0.88 at the end of the 90-day period is about 15.89 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.63 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ConnectM Technology will likely underperform. Additionally ConnectM Technology Solutions, 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. ConnectM Technology Price Density |
| Price |
Predictive Modules for ConnectM Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ConnectM Technology. 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 ConnectM Technology'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.
ConnectM Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ConnectM Technology is not an exception. The market had few large corrections towards the ConnectM Technology'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 ConnectM Technology Solutions,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ConnectM Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.09 |
ConnectM Technology 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 ConnectM Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ConnectM Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ConnectM Technology generated a negative expected return over the last 90 days | |
| ConnectM Technology has high historical volatility and very poor performance | |
| ConnectM Technology has some characteristics of a very speculative penny stock | |
| ConnectM Technology Solutions, was previously known as Monterey Capital Acquisition and was traded on NASDAQ Exchange under the symbol MCAC. | |
| ConnectM Technology Solutions, currently holds 3.68 M in liabilities. ConnectM Technology has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ConnectM Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 20.1 M. Net Loss for the year was (14.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ConnectM Technology Solutions, currently holds about 2.09 K in cash with (2.45 M) of positive cash flow from operations. | |
| ConnectM Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: ConnectM Announces Receipt of Notice from Nasdaq Regarding Delayed Filing of Companys ... |
ConnectM Technology 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 ConnectM Stock often depends not only on the future outlook of the current and potential ConnectM Technology'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. ConnectM Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.3 M | |
| Cash And Short Term Investments | 5947.00 |
ConnectM Technology Technical Analysis
ConnectM Technology's future price can be derived by breaking down and analyzing its technical indicators over time. ConnectM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ConnectM Technology Solutions,. In general, you should focus on analyzing ConnectM Stock price patterns and their correlations with different microeconomic environments and drivers.
ConnectM Technology Predictive Forecast Models
ConnectM Technology's time-series forecasting models is one of many ConnectM Technology'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 ConnectM Technology'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 ConnectM Technology
Checking the ongoing alerts about ConnectM Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ConnectM Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ConnectM Technology generated a negative expected return over the last 90 days | |
| ConnectM Technology has high historical volatility and very poor performance | |
| ConnectM Technology has some characteristics of a very speculative penny stock | |
| ConnectM Technology Solutions, was previously known as Monterey Capital Acquisition and was traded on NASDAQ Exchange under the symbol MCAC. | |
| ConnectM Technology Solutions, currently holds 3.68 M in liabilities. ConnectM Technology has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ConnectM Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 20.1 M. Net Loss for the year was (14.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ConnectM Technology Solutions, currently holds about 2.09 K in cash with (2.45 M) of positive cash flow from operations. | |
| ConnectM Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: ConnectM Announces Receipt of Notice from Nasdaq Regarding Delayed Filing of Companys ... |
Check out ConnectM Technology Backtesting, ConnectM Technology Valuation, ConnectM Technology Correlation, ConnectM Technology Hype Analysis, ConnectM Technology Volatility, ConnectM Technology History as well as ConnectM Technology Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Technology Hardware, Storage & Peripherals space 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 ConnectM Technology. If investors know ConnectM 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 ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 12.644 | Quarterly Revenue Growth (0.06) |
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology'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 ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology'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 ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology'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.