Dmg Blockchain Solutions Stock Probability of Future Stock Price Finishing Under 0
| DMGI Stock | CAD 0.44 0.03 7.32% |
Dmg |
Dmg Blockchain Target Price Odds to finish below 0
The tendency of Dmg 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 drop to C$ 0.00 or more in 90 days |
| 0.44 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Dmg Blockchain to drop to C$ 0.00 or more in 90 days from now is near 1 (This Dmg Blockchain Solutions probability density function shows the probability of Dmg Stock to fall within a particular range of prices over 90 days) . Probability of Dmg Blockchain Solutions price to stay between C$ 0.00 and its current price of C$0.44 at the end of the 90-day period is about 10.6 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.56 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 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.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 | -0.21 | |
β | Beta against Dow Jones | 1.56 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.02 |
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 generated a negative expected return over the last 90 days | |
| Dmg Blockchain has high historical volatility and very poor performance | |
| Dmg Blockchain has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 27.94 M. Net Loss for the year was (16.46 M) with profit before overhead, payroll, taxes, and interest of 30.2 M. | |
| Latest headline from news.google.com: DMG Blockchain Solutions Intrinsic Value Projected FCF -0.83 - GuruFocus.com |
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 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 | 167.7 M | |
| Cash And Short Term Investments | 2.2 M |
Dmg Blockchain Technical Analysis
Dmg Blockchain's future price can be derived by breaking down and analyzing its technical indicators over time. Dmg 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 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 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 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 generated a negative expected return over the last 90 days | |
| Dmg Blockchain has high historical volatility and very poor performance | |
| Dmg Blockchain has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 27.94 M. Net Loss for the year was (16.46 M) with profit before overhead, payroll, taxes, and interest of 30.2 M. | |
| Latest headline from news.google.com: DMG Blockchain Solutions Intrinsic Value Projected FCF -0.83 - GuruFocus.com |
Additional Tools for Dmg Stock Analysis
When running Dmg Blockchain's price analysis, check to measure Dmg Blockchain'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 Dmg Blockchain is operating at the current time. Most of Dmg Blockchain's value examination focuses on studying past and present price action to predict the probability of Dmg Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dmg Blockchain's price. Additionally, you may evaluate how the addition of Dmg Blockchain to your portfolios can decrease your overall portfolio volatility.