Metalnrg PLC (UK) Probability of Future Stock Price Finishing Over 40.0

MNRG Stock   40.00  3.50  8.05%   
Metalnrg PLC's future price is the expected price of Metalnrg PLC instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Metalnrg PLC performance during a given time horizon utilizing its historical volatility. Check out Metalnrg PLC Backtesting, Metalnrg PLC Valuation, Metalnrg PLC Correlation, Metalnrg PLC Hype Analysis, Metalnrg PLC Volatility, Metalnrg PLC History as well as Metalnrg PLC Performance.
  
Please specify Metalnrg PLC's target price for which you would like Metalnrg PLC odds to be computed.

Metalnrg PLC Target Price Odds to finish over 40.0

The tendency of Metalnrg 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 40.00 90 days 40.00 
about 83.72
Based on a normal probability distribution, the odds of Metalnrg PLC to move above the current price in 90 days from now is about 83.72 (This Metalnrg PLC probability density function shows the probability of Metalnrg Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Metalnrg PLC has a beta of -1.51. This indicates as returns on its benchmark rise, returns on holding Metalnrg PLC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Metalnrg PLC is expected to outperform its benchmark. Additionally Metalnrg PLC has an alpha of 0.6657, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Metalnrg PLC Price Density   
       Price  

Predictive Modules for Metalnrg PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metalnrg PLC. 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.
Hype
Prediction
LowEstimatedHigh
32.7240.0047.28
Details
Intrinsic
Valuation
LowRealHigh
27.6834.9642.25
Details

Metalnrg PLC Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Metalnrg PLC is not an exception. The market had few large corrections towards the Metalnrg PLC'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 Metalnrg PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Metalnrg PLC within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.67
β
Beta against Dow Jones-1.51
σ
Overall volatility
5.34
Ir
Information ratio 0.06

Metalnrg PLC 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 Metalnrg PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Metalnrg PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Metalnrg PLC generated a negative expected return over the last 90 days
Metalnrg PLC has high historical volatility and very poor performance
Metalnrg PLC has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (1.45 M) with profit before overhead, payroll, taxes, and interest of 0.
Metalnrg PLC generates negative cash flow from operations
About 29.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: MetalNRG Plc to Rebrand as Atlas Metals Group - MSN

Metalnrg PLC 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 Metalnrg Stock often depends not only on the future outlook of the current and potential Metalnrg PLC'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. Metalnrg PLC's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.2 B
Cash And Short Term Investments5372.00

Metalnrg PLC Technical Analysis

Metalnrg PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Metalnrg Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Metalnrg PLC. In general, you should focus on analyzing Metalnrg Stock price patterns and their correlations with different microeconomic environments and drivers.

Metalnrg PLC Predictive Forecast Models

Metalnrg PLC's time-series forecasting models is one of many Metalnrg PLC'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 Metalnrg PLC'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 Metalnrg PLC

Checking the ongoing alerts about Metalnrg PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Metalnrg PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Metalnrg PLC generated a negative expected return over the last 90 days
Metalnrg PLC has high historical volatility and very poor performance
Metalnrg PLC has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (1.45 M) with profit before overhead, payroll, taxes, and interest of 0.
Metalnrg PLC generates negative cash flow from operations
About 29.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: MetalNRG Plc to Rebrand as Atlas Metals Group - MSN

Additional Tools for Metalnrg Stock Analysis

When running Metalnrg PLC's price analysis, check to measure Metalnrg PLC'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 Metalnrg PLC is operating at the current time. Most of Metalnrg PLC's value examination focuses on studying past and present price action to predict the probability of Metalnrg PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalnrg PLC's price. Additionally, you may evaluate how the addition of Metalnrg PLC to your portfolios can decrease your overall portfolio volatility.