Mako Mining Corp Stock Probability of Future OTC Stock Price Finishing Under 0.02
| MAKOF Stock | USD 2.24 0.02 0.90% |
Mako |
Mako Mining Target Price Odds to finish below 0.02
The tendency of Mako 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 drop to $ 0.02 or more in 90 days |
| 2.24 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Mako Mining to drop to $ 0.02 or more in 90 days from now is near 1 (This Mako Mining Corp probability density function shows the probability of Mako OTC Stock to fall within a particular range of prices over 90 days) . Probability of Mako Mining Corp price to stay between $ 0.02 and its current price of $2.24 at the end of the 90-day period is about 40.02 .
Assuming the 90 days horizon Mako Mining has a beta of 0.27. This indicates as returns on the market go up, Mako Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mako Mining Corp will be expected to be much smaller as well. Additionally Mako Mining Corp 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. Mako Mining Price Density |
| Price |
Predictive Modules for Mako 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 Mako Mining Corp. 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.Mako Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mako Mining is not an exception. The market had few large corrections towards the Mako 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 Mako Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mako Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.08 |
Mako 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 Mako Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mako Mining Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mako Mining Corp generated a negative expected return over the last 90 days | |
| Mako Mining Corp has accumulated 17.38 M in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Mako Mining Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mako Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Mako Mining's 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 Mako Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mako to invest in growth at high rates of return. When we think about Mako Mining's use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of Mako Mining shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Capital International Investors Expands Stake in Sandstorm Gold Ltd |
Mako 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 Mako OTC Stock often depends not only on the future outlook of the current and potential Mako 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. Mako Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 659.3 M |
Mako Mining Technical Analysis
Mako Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Mako OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mako Mining Corp. In general, you should focus on analyzing Mako OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Mako Mining Predictive Forecast Models
Mako Mining's time-series forecasting models is one of many Mako Mining'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 Mako 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 otc stock market movement and maximize returns from investment trading.
Things to note about Mako Mining Corp
Checking the ongoing alerts about Mako Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mako Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mako Mining Corp generated a negative expected return over the last 90 days | |
| Mako Mining Corp has accumulated 17.38 M in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Mako Mining Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mako Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Mako Mining's 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 Mako Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mako to invest in growth at high rates of return. When we think about Mako Mining's use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of Mako Mining shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Capital International Investors Expands Stake in Sandstorm Gold Ltd |
Other Information on Investing in Mako OTC Stock
Mako Mining financial ratios help investors to determine whether Mako 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 Mako with respect to the benefits of owning Mako Mining security.