Minor International PCL Probability of Future Pink Sheet Price Finishing Over 21.77
| MNILYDelisted Stock | USD 21.77 0.00 0.00% |
Minor |
Minor International Target Price Odds to finish over 21.77
The tendency of Minor 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 above the current price in 90 days |
| 21.77 | 90 days | 21.77 | about 45.32 |
Based on a normal probability distribution, the odds of Minor International to move above the current price in 90 days from now is about 45.32 (This Minor International PCL probability density function shows the probability of Minor Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Minor International has a beta of 0.0106. This indicates as returns on the market go up, Minor International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Minor International PCL will be expected to be much smaller as well. Additionally Minor International PCL 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. Minor International Price Density |
| Price |
Predictive Modules for Minor International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minor International PCL. 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.Minor International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minor International is not an exception. The market had few large corrections towards the Minor International'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 Minor International PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minor International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0049 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.1 |
Minor International 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 Minor International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minor International PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Minor International is not yet fully synchronised with the market data | |
| Minor International has a very high chance of going through financial distress in the upcoming years | |
| Minor International PCL has accumulated 114.48 B in total debt with debt to equity ratio (D/E) of 3.67, implying the company greatly relies on financing operations through barrowing. Minor International PCL has a current ratio of 0.85, 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 Minor International until it has trouble settling it off, either with new capital or with free cash flow. So, Minor International'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 Minor International PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minor to invest in growth at high rates of return. When we think about Minor International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.48 B. Net Loss for the year was (13.17 B) with profit before overhead, payroll, taxes, and interest of 24.25 B. |
Minor International 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 Minor Pink Sheet often depends not only on the future outlook of the current and potential Minor International'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. Minor International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 B |
Minor International Technical Analysis
Minor International's future price can be derived by breaking down and analyzing its technical indicators over time. Minor Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minor International PCL. In general, you should focus on analyzing Minor Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Minor International Predictive Forecast Models
Minor International's time-series forecasting models is one of many Minor International'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 Minor International'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 Minor International PCL
Checking the ongoing alerts about Minor International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minor International PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Minor International is not yet fully synchronised with the market data | |
| Minor International has a very high chance of going through financial distress in the upcoming years | |
| Minor International PCL has accumulated 114.48 B in total debt with debt to equity ratio (D/E) of 3.67, implying the company greatly relies on financing operations through barrowing. Minor International PCL has a current ratio of 0.85, 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 Minor International until it has trouble settling it off, either with new capital or with free cash flow. So, Minor International'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 Minor International PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minor to invest in growth at high rates of return. When we think about Minor International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.48 B. Net Loss for the year was (13.17 B) with profit before overhead, payroll, taxes, and interest of 24.25 B. |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Minor Pink Sheet
If you are still planning to invest in Minor International PCL check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Minor International's history and understand the potential risks before investing.
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