Minco Capital Corp Stock Probability of Future Stock Price Finishing Over 0.06
| MMM Stock | CAD 0.05 0.00 0.00% |
Minco |
Minco Capital Target Price Odds to finish over 0.06
The tendency of Minco 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 move over C$ 0.06 or more in 90 days |
| 0.05 | 90 days | 0.06 | near 1 |
Based on a normal probability distribution, the odds of Minco Capital to move over C$ 0.06 or more in 90 days from now is near 1 (This Minco Capital Corp probability density function shows the probability of Minco Stock to fall within a particular range of prices over 90 days) . Probability of Minco Capital Corp price to stay between its current price of C$ 0.05 and C$ 0.06 at the end of the 90-day period is about 65.08 .
Assuming the 90 days horizon Minco Capital Corp has a beta of -0.0754. This indicates as returns on the benchmark increase, returns on holding Minco Capital are expected to decrease at a much lower rate. During a bear market, however, Minco Capital Corp is likely to outperform the market. Additionally Minco Capital Corp has an alpha of 0.1001, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Minco Capital Price Density |
| Price |
Predictive Modules for Minco Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minco Capital Corp. 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.Minco Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minco Capital is not an exception. The market had few large corrections towards the Minco Capital'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 Minco Capital Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minco Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0064 |
Minco Capital 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 Minco Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minco Capital 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.| Minco Capital Corp generated a negative expected return over the last 90 days | |
| Minco Capital Corp has some characteristics of a very speculative penny stock | |
| Minco Capital Corp has high historical volatility and very poor performance | |
| Minco Capital Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 200.82 K. Net Loss for the year was (1.4 M) with loss before overhead, payroll, taxes, and interest of (1.21 M). | |
| Minco Capital Corp has accumulated about 12.09 M in cash with (367.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
Minco Capital 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 Minco Stock often depends not only on the future outlook of the current and potential Minco Capital'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. Minco Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.6 M |
Minco Capital Technical Analysis
Minco Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Minco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minco Capital Corp. In general, you should focus on analyzing Minco Stock price patterns and their correlations with different microeconomic environments and drivers.
Minco Capital Predictive Forecast Models
Minco Capital's time-series forecasting models is one of many Minco Capital's 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 Minco Capital'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 stock market movement and maximize returns from investment trading.
Things to note about Minco Capital Corp
Checking the ongoing alerts about Minco Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minco Capital Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Minco Capital Corp generated a negative expected return over the last 90 days | |
| Minco Capital Corp has some characteristics of a very speculative penny stock | |
| Minco Capital Corp has high historical volatility and very poor performance | |
| Minco Capital Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 200.82 K. Net Loss for the year was (1.4 M) with loss before overhead, payroll, taxes, and interest of (1.21 M). | |
| Minco Capital Corp has accumulated about 12.09 M in cash with (367.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Minco Stock Analysis
When running Minco Capital's price analysis, check to measure Minco Capital's 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 Minco Capital is operating at the current time. Most of Minco Capital's value examination focuses on studying past and present price action to predict the probability of Minco Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minco Capital's price. Additionally, you may evaluate how the addition of Minco Capital to your portfolios can decrease your overall portfolio volatility.