Dmg Blockchain Solutions Stock Probability of Future OTC Stock Price Finishing Under 0.33
| DMGGF Stock | USD 0.31 0.01 3.13% |
Dmg |
Dmg Blockchain Target Price Odds to finish below 0.33
The tendency of Dmg OTC 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 $ 0.33 after 90 days |
| 0.31 | 90 days | 0.33 | about 25.88 |
Based on a normal probability distribution, the odds of Dmg Blockchain to stay under $ 0.33 after 90 days from now is about 25.88 (This Dmg Blockchain Solutions probability density function shows the probability of Dmg OTC Stock to fall within a particular range of prices over 90 days) . Probability of Dmg Blockchain Solutions price to stay between its current price of $ 0.31 and $ 0.33 at the end of the 90-day period is about 16.09 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 3.22 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, Dmg Blockchain will likely underperform. Additionally Dmg Blockchain 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. Dmg Blockchain Price Density |
| Price |
Predictive Modules for Dmg Blockchain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dmg Blockchain Solutions. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Dmg Blockchain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dmg Blockchain is not an exception. The market had few large corrections towards the Dmg Blockchain'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 Dmg Blockchain Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dmg Blockchain within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 3.22 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.0013 |
Dmg Blockchain 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 Dmg Blockchain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dmg Blockchain Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dmg Blockchain had very high historical volatility over the last 90 days | |
| Dmg Blockchain has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 43.24 M. Net Loss for the year was (16.98 M) with profit before overhead, payroll, taxes, and interest of 30.2 M. |
Dmg Blockchain 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 Dmg OTC Stock often depends not only on the future outlook of the current and potential Dmg Blockchain'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. Dmg Blockchain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 167.3 M | |
| Short Long Term Debt | 291.9 K | |
| Shares Float | 162.6 M |
Dmg Blockchain Technical Analysis
Dmg Blockchain's future price can be derived by breaking down and analyzing its technical indicators over time. Dmg OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dmg Blockchain Solutions. In general, you should focus on analyzing Dmg OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Dmg Blockchain Predictive Forecast Models
Dmg Blockchain's time-series forecasting models is one of many Dmg Blockchain's otc 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 Dmg Blockchain'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 otc stock market movement and maximize returns from investment trading.
Things to note about Dmg Blockchain Solutions
Checking the ongoing alerts about Dmg Blockchain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dmg Blockchain Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dmg Blockchain had very high historical volatility over the last 90 days | |
| Dmg Blockchain has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 43.24 M. Net Loss for the year was (16.98 M) with profit before overhead, payroll, taxes, and interest of 30.2 M. |
Other Information on Investing in Dmg OTC Stock
Dmg Blockchain financial ratios help investors to determine whether Dmg OTC 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 Dmg with respect to the benefits of owning Dmg Blockchain security.