Mullen Group Stock Probability of Future Pink Sheet Price Finishing Over 12.01
| MLLGF Stock | USD 11.19 0.24 2.19% |
Mullen |
Mullen Group Target Price Odds to finish over 12.01
The tendency of Mullen 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 $ 12.01 or more in 90 days |
| 11.19 | 90 days | 12.01 | near 1 |
Based on a normal probability distribution, the odds of Mullen Group to move over $ 12.01 or more in 90 days from now is near 1 (This Mullen Group probability density function shows the probability of Mullen Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Mullen Group price to stay between its current price of $ 11.19 and $ 12.01 at the end of the 90-day period is roughly 2.5 .
Assuming the 90 days horizon Mullen Group has a beta of -0.0419. This indicates as returns on the benchmark increase, returns on holding Mullen Group are expected to decrease at a much lower rate. During a bear market, however, Mullen Group is likely to outperform the market. Additionally Mullen Group has an alpha of 0.0697, implying that it can generate a 0.0697 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mullen Group Price Density |
| Price |
Predictive Modules for Mullen Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mullen Group. 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.Mullen Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mullen Group is not an exception. The market had few large corrections towards the Mullen Group'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 Mullen Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mullen Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.05 |
Mullen Group 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 Mullen Pink Sheet often depends not only on the future outlook of the current and potential Mullen Group'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. Mullen Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93 M | |
| Dividends Paid | 61.6 M | |
| Short Long Term Debt | 23 M | |
| Forward Annual Dividend Rate | 0.54 |
Mullen Group Technical Analysis
Mullen Group's future price can be derived by breaking down and analyzing its technical indicators over time. Mullen Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mullen Group. In general, you should focus on analyzing Mullen Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mullen Group Predictive Forecast Models
Mullen Group's time-series forecasting models is one of many Mullen Group'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 Mullen Group'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mullen Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mullen Group's short interest history, or implied volatility extrapolated from Mullen Group options trading.
Other Information on Investing in Mullen Pink Sheet
Mullen Group financial ratios help investors to determine whether Mullen 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 Mullen with respect to the benefits of owning Mullen Group security.