Murphy Canyon Acquisition Probability of Future Stock Price Finishing Under 10.71
| MURFUDelisted Stock | USD 10.71 0.00 0.00% |
Murphy |
Murphy Canyon Target Price Odds to finish below 10.71
The tendency of Murphy 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 below current price in 90 days |
| 10.71 | 90 days | 10.71 | more than 93.0 |
Based on a normal probability distribution, the odds of Murphy Canyon to move below current price in 90 days from now is more than 93.0 (This Murphy Canyon Acquisition probability density function shows the probability of Murphy Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Murphy Canyon has a beta of 0.0118. This indicates as returns on the market go up, Murphy Canyon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Murphy Canyon Acquisition will be expected to be much smaller as well. Additionally Murphy Canyon Acquisition has an alpha of 0.0216, implying that it can generate a 0.0216 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Murphy Canyon Price Density |
| Price |
Predictive Modules for Murphy Canyon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Murphy Canyon Acquisition. 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.Murphy Canyon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Murphy Canyon is not an exception. The market had few large corrections towards the Murphy Canyon'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 Murphy Canyon Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Murphy Canyon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.76 |
Murphy Canyon 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 Murphy Canyon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Murphy Canyon Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Murphy Canyon is not yet fully synchronised with the market data | |
| Murphy Canyon has a very high chance of going through financial distress in the upcoming years | |
| Murphy Canyon Acquisition has accumulated 75 K in total debt with debt to equity ratio (D/E) of 3.49, implying the company greatly relies on financing operations through barrowing. Murphy Canyon Acquisition has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Murphy Canyon's use of debt, we should always consider it together with its cash and equity. | |
| Murphy Canyon Acquisition has accumulated about 837.69 K in cash with (35.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Murphy Canyon 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 Murphy Stock often depends not only on the future outlook of the current and potential Murphy Canyon'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. Murphy Canyon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.6 K | |
| Cash And Short Term Investments | 345.8 K |
Murphy Canyon Technical Analysis
Murphy Canyon's future price can be derived by breaking down and analyzing its technical indicators over time. Murphy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Murphy Canyon Acquisition. In general, you should focus on analyzing Murphy Stock price patterns and their correlations with different microeconomic environments and drivers.
Murphy Canyon Predictive Forecast Models
Murphy Canyon's time-series forecasting models is one of many Murphy Canyon'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 Murphy Canyon'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 Murphy Canyon Acquisition
Checking the ongoing alerts about Murphy Canyon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Murphy Canyon Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Murphy Canyon is not yet fully synchronised with the market data | |
| Murphy Canyon has a very high chance of going through financial distress in the upcoming years | |
| Murphy Canyon Acquisition has accumulated 75 K in total debt with debt to equity ratio (D/E) of 3.49, implying the company greatly relies on financing operations through barrowing. Murphy Canyon Acquisition has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Murphy Canyon's use of debt, we should always consider it together with its cash and equity. | |
| Murphy Canyon Acquisition has accumulated about 837.69 K in cash with (35.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
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 census. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Murphy Stock
If you are still planning to invest in Murphy Canyon Acquisition 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 Murphy Canyon's history and understand the potential risks before investing.
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