MAGNUM DCORP (Germany) Probability of Future Stock Price Finishing Over 0.0339
| 1CJB Stock | EUR 0.03 0 13.20% |
MAGNUM |
MAGNUM DCORP Target Price Odds to finish over 0.0339
The tendency of MAGNUM 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 € 0.03 or more in 90 days |
| 0.03 | 90 days | 0.03 | about 26.95 |
Based on a normal probability distribution, the odds of MAGNUM DCORP to move over € 0.03 or more in 90 days from now is about 26.95 (This MAGNUM DCORP INC probability density function shows the probability of MAGNUM Stock to fall within a particular range of prices over 90 days) . Probability of MAGNUM DCORP INC price to stay between its current price of € 0.03 and € 0.03 at the end of the 90-day period is about 20.2 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 20.0 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MAGNUM DCORP will likely underperform. In addition to that MAGNUM DCORP INC has an alpha of 29.3115, implying that it can generate a 29.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MAGNUM DCORP Price Density |
| Price |
Predictive Modules for MAGNUM DCORP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAGNUM DCORP INC. 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.MAGNUM DCORP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAGNUM DCORP is not an exception. The market had few large corrections towards the MAGNUM DCORP'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 MAGNUM DCORP INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAGNUM DCORP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 29.31 | |
β | Beta against Dow Jones | 20.00 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.24 |
MAGNUM DCORP 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 MAGNUM DCORP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAGNUM DCORP INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MAGNUM DCORP INC is way too risky over 90 days horizon | |
| MAGNUM DCORP INC has some characteristics of a very speculative penny stock | |
| MAGNUM DCORP INC appears to be risky and price may revert if volatility continues | |
| MAGNUM DCORP INC has accumulated 138.12 K in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MAGNUM DCORP INC has a current ratio of 0.02, 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 MAGNUM DCORP until it has trouble settling it off, either with new capital or with free cash flow. So, MAGNUM DCORP'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 MAGNUM DCORP INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MAGNUM to invest in growth at high rates of return. When we think about MAGNUM DCORP's use of debt, we should always consider it together with cash and equity. | |
| MAGNUM DCORP INC has accumulated about 1.51 K in cash with (46.85 K) of positive cash flow from operations. | |
| Roughly 20.0% of MAGNUM DCORP shares are owned by insiders or employees |
MAGNUM DCORP 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 MAGNUM Stock often depends not only on the future outlook of the current and potential MAGNUM DCORP'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. MAGNUM DCORP's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 29.9 M |
MAGNUM DCORP Technical Analysis
MAGNUM DCORP's future price can be derived by breaking down and analyzing its technical indicators over time. MAGNUM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAGNUM DCORP INC. In general, you should focus on analyzing MAGNUM Stock price patterns and their correlations with different microeconomic environments and drivers.
MAGNUM DCORP Predictive Forecast Models
MAGNUM DCORP's time-series forecasting models is one of many MAGNUM DCORP'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 MAGNUM DCORP'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 MAGNUM DCORP INC
Checking the ongoing alerts about MAGNUM DCORP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAGNUM DCORP INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAGNUM DCORP INC is way too risky over 90 days horizon | |
| MAGNUM DCORP INC has some characteristics of a very speculative penny stock | |
| MAGNUM DCORP INC appears to be risky and price may revert if volatility continues | |
| MAGNUM DCORP INC has accumulated 138.12 K in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MAGNUM DCORP INC has a current ratio of 0.02, 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 MAGNUM DCORP until it has trouble settling it off, either with new capital or with free cash flow. So, MAGNUM DCORP'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 MAGNUM DCORP INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MAGNUM to invest in growth at high rates of return. When we think about MAGNUM DCORP's use of debt, we should always consider it together with cash and equity. | |
| MAGNUM DCORP INC has accumulated about 1.51 K in cash with (46.85 K) of positive cash flow from operations. | |
| Roughly 20.0% of MAGNUM DCORP shares are owned by insiders or employees |
Other Information on Investing in MAGNUM Stock
MAGNUM DCORP financial ratios help investors to determine whether MAGNUM 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 MAGNUM with respect to the benefits of owning MAGNUM DCORP security.