MDJM Chance of Future Stock Price Finishing Over 1.66
| MDJHDelisted Stock | USD 0.16 0.00 0.00% |
MDJM |
MDJM Target Price Odds to finish over 1.66
The tendency of MDJM 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 $ 1.66 or more in 90 days |
| 0.16 | 90 days | 1.66 | near 1 |
Based on a normal probability distribution, the odds of MDJM to move over $ 1.66 or more in 90 days from now is near 1 (This MDJM probability density function shows the probability of MDJM Stock to fall within a particular range of prices over 90 days) . Probability of MDJM price to stay between its current price of $ 0.16 and $ 1.66 at the end of the 90-day period is about 90.49 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.25 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MDJM will likely underperform. Additionally MDJM 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. MDJM Price Density |
| Price |
Predictive Modules for MDJM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MDJM. 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.MDJM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MDJM is not an exception. The market had few large corrections towards the MDJM'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 MDJM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MDJM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.13 | |
β | Beta against Dow Jones | 2.25 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.17 |
MDJM 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 MDJM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MDJM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MDJM is now traded under the symbol UOKA. Please update your portfolios or report it if you believe this is an error. Report It! | |
| MDJM is not yet fully synchronised with the market data | |
| MDJM generated a negative expected return over the last 90 days | |
| MDJM has high historical volatility and very poor performance | |
| MDJM has some characteristics of a very speculative penny stock | |
| MDJM has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 144.86 K. Net Loss for the year was (1.16 M) with profit before overhead, payroll, taxes, and interest of 450.63 K. | |
| MDJM currently holds about 4.52 M in cash with (599.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from kalkinemedia.com: MDJM LTD Announces Ticker Symbol Change to UOKA on December 3rd, 2024 |
MDJM 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 MDJM Stock often depends not only on the future outlook of the current and potential MDJM'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. MDJM's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.7 M | |
| Cash And Short Term Investments | 503.5 K |
MDJM Technical Analysis
MDJM's future price can be derived by breaking down and analyzing its technical indicators over time. MDJM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MDJM. In general, you should focus on analyzing MDJM Stock price patterns and their correlations with different microeconomic environments and drivers.
MDJM Predictive Forecast Models
MDJM's time-series forecasting models is one of many MDJM'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 MDJM'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 MDJM
Checking the ongoing alerts about MDJM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MDJM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MDJM is now traded under the symbol UOKA. Please update your portfolios or report it if you believe this is an error. Report It! | |
| MDJM is not yet fully synchronised with the market data | |
| MDJM generated a negative expected return over the last 90 days | |
| MDJM has high historical volatility and very poor performance | |
| MDJM has some characteristics of a very speculative penny stock | |
| MDJM has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 144.86 K. Net Loss for the year was (1.16 M) with profit before overhead, payroll, taxes, and interest of 450.63 K. | |
| MDJM currently holds about 4.52 M in cash with (599.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from kalkinemedia.com: MDJM LTD Announces Ticker Symbol Change to UOKA on December 3rd, 2024 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in MDJM Stock
If you are still planning to invest in MDJM check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MDJM's history and understand the potential risks before investing.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |