Medicine Man Technologies Stock Probability of Future Pink Sheet Price Finishing Over 0.1045
| SHWZ Stock | USD 0.11 0.00 0.00% |
Medicine |
Medicine Man Target Price Odds to finish over 0.1045
The tendency of Medicine 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 stay above $ 0.10 in 90 days |
| 0.11 | 90 days | 0.10 | about 81.4 |
Based on a normal probability distribution, the odds of Medicine Man to stay above $ 0.10 in 90 days from now is about 81.4 (This Medicine Man Technologies probability density function shows the probability of Medicine Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Medicine Man Technologies price to stay between $ 0.10 and its current price of $0.11 at the end of the 90-day period is about 5.16 .
Given the investment horizon of 90 days Medicine Man Technologies has a beta of -3.73. This usually implies as returns on its benchmark rise, returns on holding Medicine Man Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Medicine Man is expected to outperform its benchmark. In addition to that Medicine Man Technologies has an alpha of 6.8319, implying that it can generate a 6.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Medicine Man Price Density |
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Predictive Modules for Medicine Man
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medicine Man Technologies. 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 Medicine Man'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.
Medicine Man Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medicine Man is not an exception. The market had few large corrections towards the Medicine Man'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 Medicine Man Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medicine Man within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 6.83 | |
β | Beta against Dow Jones | -3.73 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.15 |
Medicine Man 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 Medicine Man for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medicine Man 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.| Medicine Man is way too risky over 90 days horizon | |
| Medicine Man has some characteristics of a very speculative penny stock | |
| Medicine Man appears to be risky and price may revert if volatility continues | |
| Medicine Man has high likelihood to experience some financial distress in the next 2 years | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Medicine Man 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 Medicine Pink Sheet often depends not only on the future outlook of the current and potential Medicine Man'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. Medicine Man's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.7 M |
Medicine Man Technical Analysis
Medicine Man's future price can be derived by breaking down and analyzing its technical indicators over time. Medicine Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medicine Man Technologies. In general, you should focus on analyzing Medicine Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Medicine Man Predictive Forecast Models
Medicine Man's time-series forecasting models is one of many Medicine Man'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 Medicine Man'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 Medicine Man Technologies
Checking the ongoing alerts about Medicine Man for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medicine Man Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Medicine Man is way too risky over 90 days horizon | |
| Medicine Man has some characteristics of a very speculative penny stock | |
| Medicine Man appears to be risky and price may revert if volatility continues | |
| Medicine Man has high likelihood to experience some financial distress in the next 2 years | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Medicine Pink Sheet Analysis
When running Medicine Man's price analysis, check to measure Medicine Man'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 Medicine Man is operating at the current time. Most of Medicine Man's value examination focuses on studying past and present price action to predict the probability of Medicine Man's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicine Man's price. Additionally, you may evaluate how the addition of Medicine Man to your portfolios can decrease your overall portfolio volatility.