Melbana Energy Limited Stock Probability of Future Pink Sheet Price Finishing Under 0.00002
| MEOAF Stock | USD 0.01 0 150.00% |
Melbana |
Melbana Energy Target Price Odds to finish below 0.00002
The tendency of Melbana 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 drop to $ 0.00002 or more in 90 days |
| 0.01 | 90 days | 0.00002 | nearly 4.8 |
Based on a normal probability distribution, the odds of Melbana Energy to drop to $ 0.00002 or more in 90 days from now is nearly 4.8 (This Melbana Energy Limited probability density function shows the probability of Melbana Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Melbana Energy price to stay between $ 0.00002 and its current price of $0.005 at the end of the 90-day period is about 9.6 .
Assuming the 90 days horizon Melbana Energy has a beta of 0.73. This indicates as returns on the market go up, Melbana Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Melbana Energy Limited will be expected to be much smaller as well. Additionally Melbana Energy Limited has an alpha of 0.3441, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Melbana Energy Price Density |
| Price |
Predictive Modules for Melbana Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melbana Energy. 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.Melbana Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Melbana Energy is not an exception. The market had few large corrections towards the Melbana Energy'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 Melbana Energy Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melbana Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Melbana Energy 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 Melbana Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Melbana Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Melbana Energy had very high historical volatility over the last 90 days | |
| Melbana Energy has some characteristics of a very speculative penny stock | |
| Melbana Energy has high likelihood to experience some financial distress in the next 2 years | |
| Melbana Energy Limited has accumulated about 35.72 M in cash with (2.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Melbana Energy 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 Melbana Pink Sheet often depends not only on the future outlook of the current and potential Melbana Energy'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. Melbana Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B |
Melbana Energy Technical Analysis
Melbana Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Melbana Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melbana Energy Limited. In general, you should focus on analyzing Melbana Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Melbana Energy Predictive Forecast Models
Melbana Energy's time-series forecasting models is one of many Melbana Energy's 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 Melbana Energy'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Melbana Energy
Checking the ongoing alerts about Melbana Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Melbana Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Melbana Energy had very high historical volatility over the last 90 days | |
| Melbana Energy has some characteristics of a very speculative penny stock | |
| Melbana Energy has high likelihood to experience some financial distress in the next 2 years | |
| Melbana Energy Limited has accumulated about 35.72 M in cash with (2.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Melbana Pink Sheet
Melbana Energy financial ratios help investors to determine whether Melbana 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 Melbana with respect to the benefits of owning Melbana Energy security.