Mcig Inc Stock Chance of Future Pink Sheet Price Finishing Over 0.005
| BTZI Stock | USD 0.01 0 31.58% |
Mcig |
Mcig Target Price Odds to finish over 0.005
The tendency of Mcig 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 move above the current price in 90 days |
| 0.01 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Mcig to move above the current price in 90 days from now is near 1 (This Mcig Inc probability density function shows the probability of Mcig Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Mcig Inc has a beta of -0.76 suggesting as returns on the benchmark increase, returns on holding Mcig are expected to decrease at a much lower rate. During a bear market, however, Mcig Inc is likely to outperform the market. In addition to that Mcig Inc has an alpha of 2.7778, implying that it can generate a 2.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mcig Price Density |
| Price |
Predictive Modules for Mcig
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mcig Inc. 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.Mcig Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mcig is not an exception. The market had few large corrections towards the Mcig'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 Mcig Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mcig within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.78 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0.0008 | |
Ir | Information ratio | 0.17 |
Mcig 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 Mcig for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mcig 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.| Mcig Inc is way too risky over 90 days horizon | |
| Mcig Inc has some characteristics of a very speculative penny stock | |
| Mcig Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.46 M) with profit before overhead, payroll, taxes, and interest of 115. | |
| Mcig Inc currently holds about 2.27 K in cash with (107.82 K) of positive cash flow from operations. |
Mcig 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 Mcig Pink Sheet often depends not only on the future outlook of the current and potential Mcig'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. Mcig's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 760.3 M | |
| Cash And Short Term Investments | 1935.00 | |
| Shares Float | 714.1 M |
Mcig Technical Analysis
Mcig's future price can be derived by breaking down and analyzing its technical indicators over time. Mcig Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mcig Inc. In general, you should focus on analyzing Mcig Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mcig Predictive Forecast Models
Mcig's time-series forecasting models is one of many Mcig'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 Mcig'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 Mcig Inc
Checking the ongoing alerts about Mcig for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mcig Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mcig Inc is way too risky over 90 days horizon | |
| Mcig Inc has some characteristics of a very speculative penny stock | |
| Mcig Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.46 M) with profit before overhead, payroll, taxes, and interest of 115. | |
| Mcig Inc currently holds about 2.27 K in cash with (107.82 K) of positive cash flow from operations. |
Other Information on Investing in Mcig Pink Sheet
Mcig financial ratios help investors to determine whether Mcig Pink Sheet 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 Mcig with respect to the benefits of owning Mcig security.