Mkdwell Tech Ordinary Stock Probability of Future Stock Price Finishing Under 1.0
| MKDW Stock | 0.84 0.08 8.70% |
MKDWELL |
MKDWELL Tech Target Price Odds to finish below 1.0
The tendency of MKDWELL 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 under 1.00 after 90 days |
| 0.84 | 90 days | 1.00 | about 52.11 |
Based on a normal probability distribution, the odds of MKDWELL Tech to stay under 1.00 after 90 days from now is about 52.11 (This MKDWELL Tech Ordinary probability density function shows the probability of MKDWELL Stock to fall within a particular range of prices over 90 days) . Probability of MKDWELL Tech Ordinary price to stay between its current price of 0.84 and 1.00 at the end of the 90-day period is about 31.98 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.05 . This indicates MKDWELL Tech Ordinary market returns are correlated to returns on the market. As the market goes up or down, MKDWELL Tech is expected to follow. Additionally MKDWELL Tech Ordinary 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. MKDWELL Tech Price Density |
| Price |
Predictive Modules for MKDWELL Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MKDWELL Tech Ordinary. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MKDWELL Tech's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MKDWELL Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MKDWELL Tech is not an exception. The market had few large corrections towards the MKDWELL Tech'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 MKDWELL Tech Ordinary, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MKDWELL Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.07 |
MKDWELL Tech 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 MKDWELL Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MKDWELL Tech Ordinary can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MKDWELL Tech generated a negative expected return over the last 90 days | |
| MKDWELL Tech has high historical volatility and very poor performance | |
| MKDWELL Tech has some characteristics of a very speculative penny stock | |
| MKDWELL Tech has high likelihood to experience some financial distress in the next 2 years | |
| MKDWELL Tech has a frail financial position based on the latest SEC disclosures |
MKDWELL Tech 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 MKDWELL Stock often depends not only on the future outlook of the current and potential MKDWELL Tech'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. MKDWELL Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.2 M | |
| Cash And Short Term Investments | 924.4 K |
MKDWELL Tech Technical Analysis
MKDWELL Tech's future price can be derived by breaking down and analyzing its technical indicators over time. MKDWELL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MKDWELL Tech Ordinary. In general, you should focus on analyzing MKDWELL Stock price patterns and their correlations with different microeconomic environments and drivers.
MKDWELL Tech Predictive Forecast Models
MKDWELL Tech's time-series forecasting models is one of many MKDWELL Tech'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 MKDWELL Tech'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 MKDWELL Tech Ordinary
Checking the ongoing alerts about MKDWELL Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MKDWELL Tech Ordinary help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MKDWELL Tech generated a negative expected return over the last 90 days | |
| MKDWELL Tech has high historical volatility and very poor performance | |
| MKDWELL Tech has some characteristics of a very speculative penny stock | |
| MKDWELL Tech has high likelihood to experience some financial distress in the next 2 years | |
| MKDWELL Tech has a frail financial position based on the latest SEC disclosures |
Additional Tools for MKDWELL Stock Analysis
When running MKDWELL Tech's price analysis, check to measure MKDWELL Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MKDWELL Tech is operating at the current time. Most of MKDWELL Tech's value examination focuses on studying past and present price action to predict the probability of MKDWELL Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MKDWELL Tech's price. Additionally, you may evaluate how the addition of MKDWELL Tech to your portfolios can decrease your overall portfolio volatility.