Majic Wheels Corp Stock Probability of Future Stock Price Finishing Over 0.0001
| MJWL Stock | USD 0.0001 0.00 0.00% |
Majic |
Majic Wheels 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 Majic Wheels for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Majic Wheels 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.| Majic Wheels Corp generated a negative expected return over the last 90 days | |
| Majic Wheels Corp has some characteristics of a very speculative penny stock | |
| Majic Wheels Corp has a very high chance of going through financial distress in the upcoming years | |
| Majic Wheels Corp currently holds 290.12 K in liabilities. Majic Wheels Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Majic Wheels' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Majic Wheels Corp currently holds about 8.3 K in cash with (80.29 K) of positive cash flow from operations. |
Majic Wheels Technical Analysis
Majic Wheels' future price can be derived by breaking down and analyzing its technical indicators over time. Majic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Majic Wheels Corp. In general, you should focus on analyzing Majic Stock price patterns and their correlations with different microeconomic environments and drivers.
Majic Wheels Predictive Forecast Models
Majic Wheels' time-series forecasting models is one of many Majic Wheels' 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 Majic Wheels' 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 Majic Wheels Corp
Checking the ongoing alerts about Majic Wheels for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Majic Wheels Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Majic Wheels Corp generated a negative expected return over the last 90 days | |
| Majic Wheels Corp has some characteristics of a very speculative penny stock | |
| Majic Wheels Corp has a very high chance of going through financial distress in the upcoming years | |
| Majic Wheels Corp currently holds 290.12 K in liabilities. Majic Wheels Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Majic Wheels' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Majic Wheels Corp currently holds about 8.3 K in cash with (80.29 K) of positive cash flow from operations. |
Check out Majic Wheels Backtesting, Majic Wheels Valuation, Majic Wheels Correlation, Majic Wheels Hype Analysis, Majic Wheels Volatility, Majic Wheels History as well as Majic Wheels Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.558 |
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.