Megatech Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.19
| MGTC Stock | USD 0.16 0.00 0.00% |
Megatech |
Megatech Corp Target Price Odds to finish over 0.19
The tendency of Megatech 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 over $ 0.19 or more in 90 days |
| 0.16 | 90 days | 0.19 | about 9.41 |
Based on a normal probability distribution, the odds of Megatech Corp to move over $ 0.19 or more in 90 days from now is about 9.41 (This Megatech Corp probability density function shows the probability of Megatech Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Megatech Corp price to stay between its current price of $ 0.16 and $ 0.19 at the end of the 90-day period is about 16.12 .
Given the investment horizon of 90 days Megatech Corp has a beta of -3.16. This indicates as returns on its benchmark rise, returns on holding Megatech Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Megatech Corp is expected to outperform its benchmark. In addition to that Megatech Corp has an alpha of 2.5859, implying that it can generate a 2.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Megatech Corp Price Density |
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Predictive Modules for Megatech Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Megatech Corp. 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 Megatech Corp's 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.
Megatech Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Megatech Corp is not an exception. The market had few large corrections towards the Megatech Corp'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 Megatech Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Megatech Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.59 | |
β | Beta against Dow Jones | -3.16 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.12 |
Megatech Corp 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 Megatech Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Megatech 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.| Megatech Corp is way too risky over 90 days horizon | |
| Megatech Corp has some characteristics of a very speculative penny stock | |
| Megatech Corp appears to be risky and price may revert if volatility continues | |
| Megatech Corp has high likelihood to experience some financial distress in the next 2 years |
Megatech Corp Technical Analysis
Megatech Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Megatech Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Megatech Corp. In general, you should focus on analyzing Megatech Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Megatech Corp Predictive Forecast Models
Megatech Corp's time-series forecasting models is one of many Megatech Corp'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 Megatech Corp'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 Megatech Corp
Checking the ongoing alerts about Megatech Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Megatech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Megatech Corp is way too risky over 90 days horizon | |
| Megatech Corp has some characteristics of a very speculative penny stock | |
| Megatech Corp appears to be risky and price may revert if volatility continues | |
| Megatech Corp has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in Megatech Pink Sheet
Megatech Corp financial ratios help investors to determine whether Megatech 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 Megatech with respect to the benefits of owning Megatech Corp security.