Magnis Energy Technologies Stock Probability of Future Pink Sheet Price Finishing Over 0.0293
| MNSEF Stock | USD 0.03 0.0007 2.33% |
Magnis |
Magnis Energy Target Price Odds to finish over 0.0293
The tendency of Magnis 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 |
| 0.03 | 90 days | 0.03 | about 12.5 |
Based on a normal probability distribution, the odds of Magnis Energy to move above the current price in 90 days from now is about 12.5 (This Magnis Energy Technologies probability density function shows the probability of Magnis Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Magnis Energy Technologies has a beta of -1.62. This indicates as returns on its benchmark rise, returns on holding Magnis Energy Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Magnis Energy is expected to outperform its benchmark. In addition to that Magnis Energy Technologies has an alpha of 3.1742, implying that it can generate a 3.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Magnis Energy Price Density |
| Price |
Predictive Modules for Magnis Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magnis Energy Techno. 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 Magnis Energy'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.
Magnis Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magnis Energy is not an exception. The market had few large corrections towards the Magnis Energy'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 Magnis Energy Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magnis Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.17 | |
β | Beta against Dow Jones | -1.62 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.12 |
Magnis Energy 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 Magnis Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magnis Energy Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Magnis Energy Techno is way too risky over 90 days horizon | |
| Magnis Energy Techno has some characteristics of a very speculative penny stock | |
| Magnis Energy Techno appears to be risky and price may revert if volatility continues | |
| Magnis Energy Techno has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2. Net Loss for the year was (40.82 M) with loss before overhead, payroll, taxes, and interest of (1.1 M). | |
| Magnis Energy Technologies has accumulated about 100.24 M in cash with (47.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Magnis Energy 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 Magnis Pink Sheet often depends not only on the future outlook of the current and potential Magnis Energy'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. Magnis Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 970.3 M | |
| Short Long Term Debt | 1.8 M |
Magnis Energy Technical Analysis
Magnis Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Magnis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magnis Energy Technologies. In general, you should focus on analyzing Magnis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Magnis Energy Predictive Forecast Models
Magnis Energy's time-series forecasting models is one of many Magnis Energy'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 Magnis Energy'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 Magnis Energy Techno
Checking the ongoing alerts about Magnis Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magnis Energy Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Magnis Energy Techno is way too risky over 90 days horizon | |
| Magnis Energy Techno has some characteristics of a very speculative penny stock | |
| Magnis Energy Techno appears to be risky and price may revert if volatility continues | |
| Magnis Energy Techno has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2. Net Loss for the year was (40.82 M) with loss before overhead, payroll, taxes, and interest of (1.1 M). | |
| Magnis Energy Technologies has accumulated about 100.24 M in cash with (47.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Magnis Pink Sheet
Magnis Energy financial ratios help investors to determine whether Magnis 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 Magnis with respect to the benefits of owning Magnis Energy security.