Mongolia Growth Group Stock Probability of Future Pink Sheet Price Finishing Under 0.97
| MNGGF Stock | USD 0.97 0.02 2.02% |
Mongolia |
Mongolia Growth Target Price Odds to finish below 0.97
The tendency of Mongolia 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 below current price in 90 days |
| 0.97 | 90 days | 0.97 | roughly 2.54 |
Based on a normal probability distribution, the odds of Mongolia Growth to move below current price in 90 days from now is roughly 2.54 (This Mongolia Growth Group probability density function shows the probability of Mongolia Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Mongolia Growth has a beta of 0.45. This indicates as returns on the market go up, Mongolia Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mongolia Growth Group will be expected to be much smaller as well. Additionally Mongolia Growth Group 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. Mongolia Growth Price Density |
| Price |
Predictive Modules for Mongolia Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mongolia Growth 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.Mongolia Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mongolia Growth is not an exception. The market had few large corrections towards the Mongolia Growth'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 Mongolia Growth Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mongolia Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.13 |
Mongolia Growth 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 Mongolia Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mongolia Growth Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mongolia Growth generated a negative expected return over the last 90 days | |
| Mongolia Growth has some characteristics of a very speculative penny stock | |
| Mongolia Growth Group has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Mongolia Growth Group has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mongolia Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Mongolia Growth's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mongolia Growth Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mongolia to invest in growth at high rates of return. When we think about Mongolia Growth's use of debt, we should always consider it together with cash and equity. | |
| About 26.0% of Mongolia Growth outstanding shares are owned by corporate insiders |
Mongolia Growth 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 Mongolia Pink Sheet often depends not only on the future outlook of the current and potential Mongolia Growth'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. Mongolia Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.8 M |
Mongolia Growth Technical Analysis
Mongolia Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Mongolia Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mongolia Growth Group. In general, you should focus on analyzing Mongolia Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mongolia Growth Predictive Forecast Models
Mongolia Growth's time-series forecasting models is one of many Mongolia Growth'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 Mongolia Growth'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 Mongolia Growth Group
Checking the ongoing alerts about Mongolia Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mongolia Growth Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mongolia Growth generated a negative expected return over the last 90 days | |
| Mongolia Growth has some characteristics of a very speculative penny stock | |
| Mongolia Growth Group has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Mongolia Growth Group has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mongolia Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Mongolia Growth's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mongolia Growth Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mongolia to invest in growth at high rates of return. When we think about Mongolia Growth's use of debt, we should always consider it together with cash and equity. | |
| About 26.0% of Mongolia Growth outstanding shares are owned by corporate insiders |
Other Information on Investing in Mongolia Pink Sheet
Mongolia Growth financial ratios help investors to determine whether Mongolia 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 Mongolia with respect to the benefits of owning Mongolia Growth security.