Manila Mining (Philippines) Probability of Future Stock Price Finishing Under 0.0031
| MAB Stock | 0 0.0006 17.14% |
Manila |
Manila Mining Target Price Odds to finish below 0.0031
The tendency of Manila 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 drop to 0 or more in 90 days |
| 0 | 90 days | 0 | about 15.7 |
Based on a normal probability distribution, the odds of Manila Mining to drop to 0 or more in 90 days from now is about 15.7 (This Manila Mining Corp probability density function shows the probability of Manila Stock to fall within a particular range of prices over 90 days) . Probability of Manila Mining Corp price to stay between 0 and its current price of 0.0041 at the end of the 90-day period is about 82.9 .
Assuming the 90 days trading horizon Manila Mining has a beta of 0.73. This indicates as returns on the market go up, Manila Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Manila Mining Corp will be expected to be much smaller as well. Additionally Manila Mining Corp has an alpha of 0.2581, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Manila Mining Price Density |
| Price |
Predictive Modules for Manila Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manila Mining Corp. 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.Manila Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Manila Mining is not an exception. The market had few large corrections towards the Manila Mining'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 Manila Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Manila Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.05 |
Manila Mining 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 Manila Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Manila Mining Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Manila Mining Corp is not yet fully synchronised with the market data | |
| Manila Mining Corp is way too risky over 90 days horizon | |
| Manila Mining Corp has some characteristics of a very speculative penny stock | |
| Manila Mining Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (8.44 M) with profit before overhead, payroll, taxes, and interest of 0. |
Manila Mining 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 Manila Stock often depends not only on the future outlook of the current and potential Manila Mining'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. Manila Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 262 B | |
| Cash And Short Term Investments | 3 M |
Manila Mining Technical Analysis
Manila Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Manila Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Manila Mining Corp. In general, you should focus on analyzing Manila Stock price patterns and their correlations with different microeconomic environments and drivers.
Manila Mining Predictive Forecast Models
Manila Mining's time-series forecasting models is one of many Manila Mining'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 Manila Mining'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 Manila Mining Corp
Checking the ongoing alerts about Manila Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Manila Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Manila Mining Corp is not yet fully synchronised with the market data | |
| Manila Mining Corp is way too risky over 90 days horizon | |
| Manila Mining Corp has some characteristics of a very speculative penny stock | |
| Manila Mining Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (8.44 M) with profit before overhead, payroll, taxes, and interest of 0. |
Other Information on Investing in Manila Stock
Manila Mining financial ratios help investors to determine whether Manila 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 Manila with respect to the benefits of owning Manila Mining security.