Minehub Technologies Stock Probability of Future Stock Price Finishing Under 0.33
| MHUB Stock | 0.32 0.01 3.23% |
Minehub |
Minehub Technologies Target Price Odds to finish below 0.33
The tendency of Minehub 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 stay under 0.33 after 90 days |
| 0.32 | 90 days | 0.33 | about 88.52 |
Based on a normal probability distribution, the odds of Minehub Technologies to stay under 0.33 after 90 days from now is about 88.52 (This Minehub Technologies probability density function shows the probability of Minehub Stock to fall within a particular range of prices over 90 days) . Probability of Minehub Technologies price to stay between its current price of 0.32 and 0.33 at the end of the 90-day period is about 6.9 .
Assuming the 90 days trading horizon Minehub Technologies has a beta of -0.27. This indicates as returns on the benchmark increase, returns on holding Minehub Technologies are expected to decrease at a much lower rate. During a bear market, however, Minehub Technologies is likely to outperform the market. Additionally Minehub Technologies has an alpha of 0.3862, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Minehub Technologies Price Density |
| Price |
Predictive Modules for Minehub Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minehub Technologies. 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.Minehub Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minehub Technologies is not an exception. The market had few large corrections towards the Minehub Technologies' 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 Minehub Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minehub Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.04 |
Minehub Technologies 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 Minehub Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minehub Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Minehub Technologies had very high historical volatility over the last 90 days | |
| Minehub Technologies has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 2.01 M. Net Loss for the year was (6.48 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Minehub Technologies generates negative cash flow from operations | |
| Latest headline from news.google.com: Abaxx Technologies Doubles Stake in MineHub to 20 percent in 3.1M Strategic Deal MHUBF Stock News - StockTitan |
Minehub Technologies 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 Minehub Stock often depends not only on the future outlook of the current and potential Minehub Technologies' 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. Minehub Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.1 M |
Minehub Technologies Technical Analysis
Minehub Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Minehub Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minehub Technologies. In general, you should focus on analyzing Minehub Stock price patterns and their correlations with different microeconomic environments and drivers.
Minehub Technologies Predictive Forecast Models
Minehub Technologies' time-series forecasting models is one of many Minehub Technologies' 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 Minehub Technologies' 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 Minehub Technologies
Checking the ongoing alerts about Minehub Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minehub Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Minehub Technologies had very high historical volatility over the last 90 days | |
| Minehub Technologies has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 2.01 M. Net Loss for the year was (6.48 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Minehub Technologies generates negative cash flow from operations | |
| Latest headline from news.google.com: Abaxx Technologies Doubles Stake in MineHub to 20 percent in 3.1M Strategic Deal MHUBF Stock News - StockTitan |
Additional Tools for Minehub Stock Analysis
When running Minehub Technologies' price analysis, check to measure Minehub Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minehub Technologies is operating at the current time. Most of Minehub Technologies' value examination focuses on studying past and present price action to predict the probability of Minehub Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minehub Technologies' price. Additionally, you may evaluate how the addition of Minehub Technologies to your portfolios can decrease your overall portfolio volatility.