Mirriad Advertising Plc Stock Probability of Future Pink Sheet Price Finishing Over 0.003072
| MMDDF Stock | USD 0 0.00 0.00% |
Mirriad |
Mirriad Advertising Target Price Odds to finish over 0.003072
The tendency of Mirriad 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 in 90 days |
| 0 | 90 days | 0 | more than 93.0 |
Based on a normal probability distribution, the odds of Mirriad Advertising to stay above $ 0 in 90 days from now is more than 93.0 (This Mirriad Advertising plc probability density function shows the probability of Mirriad Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Mirriad Advertising plc price to stay between $ 0 and its current price of $0.0032 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Mirriad Advertising plc has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding Mirriad Advertising are expected to decrease at a much lower rate. During a bear market, however, Mirriad Advertising plc is likely to outperform the market. Additionally Mirriad Advertising plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Mirriad Advertising Price Density |
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Predictive Modules for Mirriad Advertising
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mirriad Advertising plc. 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 Mirriad Advertising'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.
Mirriad Advertising Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mirriad Advertising is not an exception. The market had few large corrections towards the Mirriad Advertising'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 Mirriad Advertising plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mirriad Advertising within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.38 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.19 |
Mirriad Advertising 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 Mirriad Advertising for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mirriad Advertising plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mirriad Advertising generated a negative expected return over the last 90 days | |
| Mirriad Advertising has high historical volatility and very poor performance | |
| Mirriad Advertising has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 2.01 M. Net Loss for the year was (10.97 M) with profit before overhead, payroll, taxes, and interest of 1.72 M. | |
| Mirriad Advertising plc has accumulated about 17.71 M in cash with (10.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 70.0% of the company shares are owned by institutional investors |
Mirriad Advertising 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 Mirriad Pink Sheet often depends not only on the future outlook of the current and potential Mirriad Advertising'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. Mirriad Advertising's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 279.2 M | |
| Shares Float | 239.4 M |
Mirriad Advertising Technical Analysis
Mirriad Advertising's future price can be derived by breaking down and analyzing its technical indicators over time. Mirriad Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mirriad Advertising plc. In general, you should focus on analyzing Mirriad Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mirriad Advertising Predictive Forecast Models
Mirriad Advertising's time-series forecasting models is one of many Mirriad Advertising'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 Mirriad Advertising'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 Mirriad Advertising plc
Checking the ongoing alerts about Mirriad Advertising for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mirriad Advertising plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mirriad Advertising generated a negative expected return over the last 90 days | |
| Mirriad Advertising has high historical volatility and very poor performance | |
| Mirriad Advertising has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 2.01 M. Net Loss for the year was (10.97 M) with profit before overhead, payroll, taxes, and interest of 1.72 M. | |
| Mirriad Advertising plc has accumulated about 17.71 M in cash with (10.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 70.0% of the company shares are owned by institutional investors |
Other Information on Investing in Mirriad Pink Sheet
Mirriad Advertising financial ratios help investors to determine whether Mirriad 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 Mirriad with respect to the benefits of owning Mirriad Advertising security.