Medican Enterprises Stock Probability of Future Pink Sheet Price Finishing Over 1.0E-4
| MDCN Stock | USD 0.0001 0.00 0.00% |
Medican |
Medican Enterprises Target Price Odds to finish over 1.0E-4
The tendency of Medican Pink Sheet 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 above the current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 1.45 |
Based on a normal probability distribution, the odds of Medican Enterprises to move above the current price in 90 days from now is about 1.45 (This Medican Enterprises probability density function shows the probability of Medican Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Medican Enterprises has the beta coefficient that is very close to zero. This indicates the returns on DOW JONES INDUSTRIAL and Medican Enterprises do not appear to be highly reactive. Additionally It does not look like Medican Enterprises' alpha can have any bearing on the current valuation. Medican Enterprises Price Density |
| Price |
Predictive Modules for Medican Enterprises
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medican Enterprises. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Medican Enterprises' 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.
Medican Enterprises Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medican Enterprises is not an exception. The market had few large corrections towards the Medican Enterprises' 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 Medican Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medican Enterprises within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000038 | |
Ir | Information ratio | 0.00 |
Medican Enterprises 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 Medican Enterprises for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medican Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Medican Enterprises is way too risky over 90 days horizon | |
| Medican Enterprises has some characteristics of a very speculative penny stock | |
| Medican Enterprises appears to be risky and price may revert if volatility continues | |
| Medican Enterprises has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Medican Enterprises until it has trouble settling it off, either with new capital or with free cash flow. So, Medican Enterprises' 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 Medican Enterprises sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medican to invest in growth at high rates of return. When we think about Medican Enterprises' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (56.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Medican Enterprises currently holds about 9.4 K in cash with (2.98 M) of positive cash flow from operations. | |
| Latest headline from prnewswire.com: REMAX NATIONAL HOUSING REPORT FOR DECEMBER 2024 |
Medican Enterprises 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 Medican Pink Sheet often depends not only on the future outlook of the current and potential Medican Enterprises' 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. Medican Enterprises' indicators that are reflective of the short sentiment are summarized in the table below.
| Short Long Term Debt | 5.7 M |
Medican Enterprises Technical Analysis
Medican Enterprises' future price can be derived by breaking down and analyzing its technical indicators over time. Medican Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medican Enterprises. In general, you should focus on analyzing Medican Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Medican Enterprises Predictive Forecast Models
Medican Enterprises' time-series forecasting models is one of many Medican Enterprises' pink sheet 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 Medican Enterprises' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Medican Enterprises
Checking the ongoing alerts about Medican Enterprises for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medican Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Medican Enterprises is way too risky over 90 days horizon | |
| Medican Enterprises has some characteristics of a very speculative penny stock | |
| Medican Enterprises appears to be risky and price may revert if volatility continues | |
| Medican Enterprises has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Medican Enterprises until it has trouble settling it off, either with new capital or with free cash flow. So, Medican Enterprises' 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 Medican Enterprises sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medican to invest in growth at high rates of return. When we think about Medican Enterprises' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (56.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Medican Enterprises currently holds about 9.4 K in cash with (2.98 M) of positive cash flow from operations. | |
| Latest headline from prnewswire.com: REMAX NATIONAL HOUSING REPORT FOR DECEMBER 2024 |
Other Information on Investing in Medican Pink Sheet
Medican Enterprises financial ratios help investors to determine whether Medican Pink Sheet 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 Medican with respect to the benefits of owning Medican Enterprises security.