Magna Terra Minerals Stock Probability of Future Stock Price Finishing Over 0.03
| MTT Stock | CAD 0.02 0.01 33.33% |
Magna |
Magna Terra Target Price Odds to finish over 0.03
The tendency of Magna 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$ 0.03 or more in 90 days |
| 0.02 | 90 days | 0.03 | about 21.42 |
Based on a normal probability distribution, the odds of Magna Terra to move over C$ 0.03 or more in 90 days from now is about 21.42 (This Magna Terra Minerals probability density function shows the probability of Magna Stock to fall within a particular range of prices over 90 days) . Probability of Magna Terra Minerals price to stay between its current price of C$ 0.02 and C$ 0.03 at the end of the 90-day period is about 67.81 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.1 . This indicates Magna Terra Minerals market returns are correlated to returns on the market. As the market goes up or down, Magna Terra is expected to follow. Moreover Magna Terra Minerals has an alpha of 1.3729, implying that it can generate a 1.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Magna Terra Price Density |
| Price |
Predictive Modules for Magna Terra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magna Terra Minerals. 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.Magna Terra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magna Terra is not an exception. The market had few large corrections towards the Magna Terra'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 Magna Terra Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magna Terra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.37 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Magna Terra 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 Magna Terra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magna Terra Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Magna Terra Minerals is way too risky over 90 days horizon | |
| Magna Terra Minerals has some characteristics of a very speculative penny stock | |
| Magna Terra Minerals appears to be risky and price may revert if volatility continues | |
| Magna Terra Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Magna Terra Minerals has accumulated 889.83 K in total debt with debt to equity ratio (D/E) of 4.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Magna Terra Minerals has a current ratio of 0.08, 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 Magna Terra until it has trouble settling it off, either with new capital or with free cash flow. So, Magna Terra'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 Magna Terra Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna Terra's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (968.59 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Magna Terra Minerals has accumulated about 55.16 K in cash with (425.18 K) of positive cash flow from operations. | |
| Roughly 32.0% of Magna Terra outstanding shares are owned by corporate insiders |
Magna Terra 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 Magna Stock often depends not only on the future outlook of the current and potential Magna Terra'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. Magna Terra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.1 M | |
| Cash And Short Term Investments | 89.4 K | |
| Shares Float | 56.6 M |
Magna Terra Technical Analysis
Magna Terra's future price can be derived by breaking down and analyzing its technical indicators over time. Magna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magna Terra Minerals. In general, you should focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environments and drivers.
Magna Terra Predictive Forecast Models
Magna Terra's time-series forecasting models is one of many Magna Terra'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 Magna Terra'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 Magna Terra Minerals
Checking the ongoing alerts about Magna Terra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magna Terra Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Magna Terra Minerals is way too risky over 90 days horizon | |
| Magna Terra Minerals has some characteristics of a very speculative penny stock | |
| Magna Terra Minerals appears to be risky and price may revert if volatility continues | |
| Magna Terra Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Magna Terra Minerals has accumulated 889.83 K in total debt with debt to equity ratio (D/E) of 4.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Magna Terra Minerals has a current ratio of 0.08, 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 Magna Terra until it has trouble settling it off, either with new capital or with free cash flow. So, Magna Terra'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 Magna Terra Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna Terra's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (968.59 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Magna Terra Minerals has accumulated about 55.16 K in cash with (425.18 K) of positive cash flow from operations. | |
| Roughly 32.0% of Magna Terra outstanding shares are owned by corporate insiders |
Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.