MYCELX Technologies (UK) Probability of Future Stock Price Finishing Under 38.06
| MYX Stock | 37.50 1.50 4.17% |
MYCELX |
MYCELX Technologies Target Price Odds to finish below 38.06
The tendency of MYCELX 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 stay under 38.06 after 90 days |
| 37.50 | 90 days | 38.06 | about 19.3 |
Based on a normal probability distribution, the odds of MYCELX Technologies to stay under 38.06 after 90 days from now is about 19.3 (This MYCELX Technologies probability density function shows the probability of MYCELX Stock to fall within a particular range of prices over 90 days) . Probability of MYCELX Technologies price to stay between its current price of 37.50 and 38.06 at the end of the 90-day period is roughly 2.57 .
Assuming the 90 days trading horizon MYCELX Technologies has a beta of 0.35. This indicates as returns on the market go up, MYCELX Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MYCELX Technologies will be expected to be much smaller as well. Additionally MYCELX Technologies 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. MYCELX Technologies Price Density |
| Price |
Predictive Modules for MYCELX Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MYCELX Technologies. 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.MYCELX Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MYCELX Technologies is not an exception. The market had few large corrections towards the MYCELX Technologies' 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 MYCELX Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MYCELX Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 5.74 | |
Ir | Information ratio | -0.2 |
MYCELX Technologies 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 MYCELX Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MYCELX Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MYCELX Technologies generated a negative expected return over the last 90 days | |
| MYCELX Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 10.91 M. Net Loss for the year was (3.71 M) with profit before overhead, payroll, taxes, and interest of 3.27 M. | |
| MYCELX Technologies generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
MYCELX Technologies 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 MYCELX Stock often depends not only on the future outlook of the current and potential MYCELX Technologies' 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. MYCELX Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23 M | |
| Cash And Short Term Investments | 383 K |
MYCELX Technologies Technical Analysis
MYCELX Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. MYCELX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MYCELX Technologies. In general, you should focus on analyzing MYCELX Stock price patterns and their correlations with different microeconomic environments and drivers.
MYCELX Technologies Predictive Forecast Models
MYCELX Technologies' time-series forecasting models is one of many MYCELX Technologies' 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 MYCELX Technologies' 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 MYCELX Technologies
Checking the ongoing alerts about MYCELX Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MYCELX Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MYCELX Technologies generated a negative expected return over the last 90 days | |
| MYCELX Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 10.91 M. Net Loss for the year was (3.71 M) with profit before overhead, payroll, taxes, and interest of 3.27 M. | |
| MYCELX Technologies generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MYCELX Stock
MYCELX Technologies financial ratios help investors to determine whether MYCELX Stock 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 MYCELX with respect to the benefits of owning MYCELX Technologies security.