Medinah Minerals Stock Probability of Future Pink Sheet Price Finishing Over 0.0
| MDMN Stock | USD 0.0001 0.00 0.00% |
Medinah |
Medinah Minerals Target Price Odds to finish over 0.0
The tendency of Medinah 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 stay above $ 0.00 in 90 days |
| 0.0001 | 90 days | 0.00 | close to 99 |
Based on a normal probability distribution, the odds of Medinah Minerals to stay above $ 0.00 in 90 days from now is close to 99 (This Medinah Minerals probability density function shows the probability of Medinah Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Medinah Minerals price to stay between $ 0.00 and its current price of $1.0E-4 at the end of the 90-day period is about 61.6 .
Given the investment horizon of 90 days Medinah Minerals has the beta coefficient that is very close to zero. This indicates the returns on DOW JONES INDUSTRIAL and Medinah Minerals do not appear to be highly reactive. Additionally It does not look like Medinah Minerals' alpha can have any bearing on the current valuation. Medinah Minerals Price Density |
| Price |
Predictive Modules for Medinah Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medinah Minerals. 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.Medinah Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medinah Minerals is not an exception. The market had few large corrections towards the Medinah Minerals' 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 Medinah Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medinah Minerals 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 | 0.000027 | |
Ir | Information ratio | 0.00 |
Medinah Minerals 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 Medinah Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medinah Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Medinah Minerals is way too risky over 90 days horizon | |
| Medinah Minerals has some characteristics of a very speculative penny stock | |
| Medinah Minerals appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 209.78 K. Net Loss for the year was (568.99 K) with profit before overhead, payroll, taxes, and interest of 166.97 K. | |
| Medinah Minerals currently holds about 83.28 K in cash with (112.33 K) of positive cash flow from operations. |
Medinah Minerals Technical Analysis
Medinah Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Medinah Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medinah Minerals. In general, you should focus on analyzing Medinah Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Medinah Minerals Predictive Forecast Models
Medinah Minerals' time-series forecasting models is one of many Medinah Minerals' 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 Medinah Minerals' 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 Medinah Minerals
Checking the ongoing alerts about Medinah Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medinah Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Medinah Minerals is way too risky over 90 days horizon | |
| Medinah Minerals has some characteristics of a very speculative penny stock | |
| Medinah Minerals appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 209.78 K. Net Loss for the year was (568.99 K) with profit before overhead, payroll, taxes, and interest of 166.97 K. | |
| Medinah Minerals currently holds about 83.28 K in cash with (112.33 K) of positive cash flow from operations. |
Other Information on Investing in Medinah Pink Sheet
Medinah Minerals financial ratios help investors to determine whether Medinah 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 Medinah with respect to the benefits of owning Medinah Minerals security.