Manganese X Energy Stock Probability of Future Stock Price Finishing Over 0.0294
| MN Stock | CAD 0.04 0.01 20.00% |
Manganese |
Manganese Target Price Odds to finish over 0.0294
The tendency of Manganese 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 C$ 0.03 in 90 days |
| 0.04 | 90 days | 0.03 | about 90.96 |
Based on a normal probability distribution, the odds of Manganese to stay above C$ 0.03 in 90 days from now is about 90.96 (This Manganese X Energy probability density function shows the probability of Manganese Stock to fall within a particular range of prices over 90 days) . Probability of Manganese X Energy price to stay between C$ 0.03 and its current price of C$0.04 at the end of the 90-day period is about 32.2 .
Given the investment horizon of 90 days Manganese has a beta of 0.49. This indicates as returns on the market go up, Manganese average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Manganese X Energy will be expected to be much smaller as well. Additionally Manganese X Energy 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. Manganese Price Density |
| Price |
Predictive Modules for Manganese
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manganese X Energy. 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.Manganese Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Manganese is not an exception. The market had few large corrections towards the Manganese'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 Manganese X Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Manganese within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
Manganese 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 Manganese for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Manganese X Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Manganese X Energy generated a negative expected return over the last 90 days | |
| Manganese X Energy has high historical volatility and very poor performance | |
| Manganese X Energy has some characteristics of a very speculative penny stock | |
| Manganese X Energy has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Manganese X Energy currently holds about 755.98 K in cash with (1.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Manganese 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 Manganese Stock often depends not only on the future outlook of the current and potential Manganese'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. Manganese's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 144 M |
Manganese Technical Analysis
Manganese's future price can be derived by breaking down and analyzing its technical indicators over time. Manganese Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Manganese X Energy. In general, you should focus on analyzing Manganese Stock price patterns and their correlations with different microeconomic environments and drivers.
Manganese Predictive Forecast Models
Manganese's time-series forecasting models is one of many Manganese'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 Manganese'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 Manganese X Energy
Checking the ongoing alerts about Manganese for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Manganese X Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Manganese X Energy generated a negative expected return over the last 90 days | |
| Manganese X Energy has high historical volatility and very poor performance | |
| Manganese X Energy has some characteristics of a very speculative penny stock | |
| Manganese X Energy has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Manganese X Energy currently holds about 755.98 K in cash with (1.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Additional Tools for Manganese Stock Analysis
When running Manganese's price analysis, check to measure Manganese'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 Manganese is operating at the current time. Most of Manganese's value examination focuses on studying past and present price action to predict the probability of Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manganese's price. Additionally, you may evaluate how the addition of Manganese to your portfolios can decrease your overall portfolio volatility.