Millennial Potash Corp Stock Analysis
| MLP Stock | 0.29 0.01 3.57% |
Millennial Potash Corp is overvalued with Real Value of 0.27 and Hype Value of 0.29. The main objective of Millennial Potash stock analysis is to determine its intrinsic value, which is an estimate of what Millennial Potash Corp is worth, separate from its market price. There are two main types of Millennial Potash's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Millennial Potash's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Millennial Potash's stock to identify patterns and trends that may indicate its future price movements.
The Millennial Potash stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Millennial Potash is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Millennial Stock trading window is adjusted to America/Toronto timezone.
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Millennial Stock Analysis Notes
About 17.0% of the company outstanding shares are owned by corporate insiders. The book value of Millennial Potash was now reported as 0.11. The company recorded a loss per share of 0.06. Millennial Potash Corp had not issued any dividends in recent years. To find out more about Millennial Potash Corp learn more at https://www.millennialpotash.com.Millennial Potash Corp Investment Alerts
| Millennial Potash is way too risky over 90 days horizon | |
| Millennial Potash has some characteristics of a very speculative penny stock | |
| Millennial Potash appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Millennial Potash generates negative cash flow from operations | |
| About 17.0% of the company outstanding shares are owned by corporate insiders |
Millennial Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 20 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Millennial Potash's market, we take the total number of its shares issued and multiply it by Millennial Potash's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 22nd of November, Millennial Potash secures the Mean Deviation of 4.6, risk adjusted performance of 0.1024, and Downside Deviation of 6.2. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Millennial Potash Corp, as well as the relationship between them. Please verify Millennial Potash Corp jensen alpha, as well as the relationship between the potential upside and skewness to decide if Millennial Potash Corp is priced some-what accurately, providing market reflects its recent price of 0.29 per share.Millennial Potash Corp Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Millennial Potash middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Millennial Potash Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Millennial Potash Predictive Daily Indicators
Millennial Potash intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Millennial Potash stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Millennial Potash Forecast Models
Millennial Potash's time-series forecasting models are one of many Millennial Potash's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Millennial Potash'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 market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Millennial Potash to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Millennial Stock Analysis
When running Millennial Potash's price analysis, check to measure Millennial Potash'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 Millennial Potash is operating at the current time. Most of Millennial Potash's value examination focuses on studying past and present price action to predict the probability of Millennial Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennial Potash's price. Additionally, you may evaluate how the addition of Millennial Potash to your portfolios can decrease your overall portfolio volatility.