Monogram Orthopaedics Common Stock Probability of Future Stock Price Finishing Over 2.62
| MGRM Stock | 2.76 0.10 3.76% |
Monogram |
Monogram Orthopaedics Target Price Odds to finish over 2.62
The tendency of Monogram 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 stay above 2.62 in 90 days |
| 2.76 | 90 days | 2.62 | about 25.58 |
Based on a normal probability distribution, the odds of Monogram Orthopaedics to stay above 2.62 in 90 days from now is about 25.58 (This Monogram Orthopaedics Common probability density function shows the probability of Monogram Stock to fall within a particular range of prices over 90 days) . Probability of Monogram Orthopaedics price to stay between 2.62 and its current price of 2.76 at the end of the 90-day period is about 11.88 .
Given the investment horizon of 90 days Monogram Orthopaedics Common has a beta of -0.21. This indicates as returns on the benchmark increase, returns on holding Monogram Orthopaedics are expected to decrease at a much lower rate. During a bear market, however, Monogram Orthopaedics Common is likely to outperform the market. Additionally Monogram Orthopaedics Common has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Monogram Orthopaedics Price Density |
| Price |
Predictive Modules for Monogram Orthopaedics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Monogram Orthopaedics. 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.Monogram Orthopaedics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Monogram Orthopaedics is not an exception. The market had few large corrections towards the Monogram Orthopaedics' 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 Monogram Orthopaedics Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Monogram Orthopaedics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.07 |
Monogram Orthopaedics 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 Monogram Orthopaedics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Monogram Orthopaedics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Monogram Orthopaedics generated a negative expected return over the last 90 days | |
| Monogram Orthopaedics has high historical volatility and very poor performance | |
| Monogram Orthopaedics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 365 K. Net Loss for the year was (13.75 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Monogram Orthopaedics generates negative cash flow from operations | |
| Monogram Orthopaedics has a frail financial position based on the latest SEC disclosures | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Monogram Technologies Announces Management and Related Parties Complete Open Market Purchases of MGRM Common Stock Totaling 1 Million Form 8 K - Marketscreener.com |
Monogram Orthopaedics 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 Monogram Stock often depends not only on the future outlook of the current and potential Monogram Orthopaedics' 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. Monogram Orthopaedics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.4 M | |
| Cash And Short Term Investments | 13.6 M |
Monogram Orthopaedics Technical Analysis
Monogram Orthopaedics' future price can be derived by breaking down and analyzing its technical indicators over time. Monogram Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Monogram Orthopaedics Common. In general, you should focus on analyzing Monogram Stock price patterns and their correlations with different microeconomic environments and drivers.
Monogram Orthopaedics Predictive Forecast Models
Monogram Orthopaedics' time-series forecasting models is one of many Monogram Orthopaedics' 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 Monogram Orthopaedics' 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 Monogram Orthopaedics
Checking the ongoing alerts about Monogram Orthopaedics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Monogram Orthopaedics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Monogram Orthopaedics generated a negative expected return over the last 90 days | |
| Monogram Orthopaedics has high historical volatility and very poor performance | |
| Monogram Orthopaedics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 365 K. Net Loss for the year was (13.75 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Monogram Orthopaedics generates negative cash flow from operations | |
| Monogram Orthopaedics has a frail financial position based on the latest SEC disclosures | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Monogram Technologies Announces Management and Related Parties Complete Open Market Purchases of MGRM Common Stock Totaling 1 Million Form 8 K - Marketscreener.com |
Check out Monogram Orthopaedics Backtesting, Monogram Orthopaedics Valuation, Monogram Orthopaedics Correlation, Monogram Orthopaedics Hype Analysis, Monogram Orthopaedics Volatility, Monogram Orthopaedics History as well as Monogram Orthopaedics Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monogram Orthopaedics. If investors know Monogram will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monogram Orthopaedics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 0.012 | Return On Assets (0.61) | Return On Equity (1.22) |
The market value of Monogram Orthopaedics is measured differently than its book value, which is the value of Monogram that is recorded on the company's balance sheet. Investors also form their own opinion of Monogram Orthopaedics' value that differs from its market value or its book value, called intrinsic value, which is Monogram Orthopaedics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monogram Orthopaedics' market value can be influenced by many factors that don't directly affect Monogram Orthopaedics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monogram Orthopaedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Monogram Orthopaedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monogram Orthopaedics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.