Mcig Inc Stock Chance of Future Pink Sheet Price Finishing Under 0.0029

BTZI Stock  USD 0.01  0.0008  7.14%   
Mcig's future price is the expected price of Mcig instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Mcig Inc performance during a given time horizon utilizing its historical volatility. Check out Mcig Backtesting, Mcig Valuation, Mcig Correlation, Mcig Hype Analysis, Mcig Volatility, Mcig History as well as Mcig Performance.
  
Please specify Mcig's target price for which you would like Mcig odds to be computed.

Mcig Target Price Odds to finish below 0.0029

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 PriceHorizonTarget PriceOdds to drop to $ 0  or more in 90 days
 0.01 90 days 0 
about 40.87
Based on a normal probability distribution, the odds of Mcig to drop to $ 0  or more in 90 days from now is about 40.87 (This Mcig Inc probability density function shows the probability of Mcig Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Mcig Inc price to stay between $ 0  and its current price of $0.012 at the end of the 90-day period is about 58.47 .
Given the investment horizon of 90 days Mcig Inc has a beta of -1.9 suggesting as returns on its benchmark rise, returns on holding Mcig Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mcig is expected to outperform its benchmark. In addition to that Mcig Inc has an alpha of 5.8604, implying that it can generate a 5.86 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.
Hype
Prediction
LowEstimatedHigh
0.000.0126.75
Details
Intrinsic
Valuation
LowRealHigh
0.000.0126.75
Details
Naive
Forecast
LowNextHigh
0.00030.0226.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.00290.010.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mcig. Your research has to be compared to or analyzed against Mcig's peers to derive any actionable benefits. When done correctly, Mcig's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mcig Inc.

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
5.86
β
Beta against Dow Jones-1.9
σ
Overall volatility
0
Ir
Information ratio 0.21

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 Outstanding760.3 M
Cash And Short Term Investments1935.00
Shares Float714.1 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.