Montero Mining And Stock Probability of Future Stock Price Finishing Over 3.88
| MON Stock | CAD 0.31 0.01 3.13% |
Montero |
Montero Mining Target Price Odds to finish over 3.88
The tendency of Montero 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 move over C$ 3.88 or more in 90 days |
| 0.31 | 90 days | 3.88 | close to zero percent |
Based on a normal probability distribution, the odds of Montero Mining to move over C$ 3.88 or more in 90 days from now is close to zero percent (This Montero Mining and probability density function shows the probability of Montero Stock to fall within a particular range of prices over 90 days) . Probability of Montero Mining price to stay between its current price of C$ 0.31 and C$ 3.88 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.2 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Montero Mining will likely underperform. Additionally Montero Mining and 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. Montero Mining Price Density |
| Price |
Predictive Modules for Montero Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Montero Mining. 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.Montero Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Montero Mining is not an exception. The market had few large corrections towards the Montero Mining'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 Montero Mining and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Montero Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.03 |
Montero Mining 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 Montero Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Montero Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Montero Mining generated a negative expected return over the last 90 days | |
| Montero Mining has some characteristics of a very speculative penny stock | |
| Montero Mining has high historical volatility and very poor performance | |
| Montero Mining has a very high chance of going through financial distress in the upcoming years | |
| Montero Mining and has accumulated 266.12 K in total debt with debt to equity ratio (D/E) of 29.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Montero Mining has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Montero Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Montero Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Montero Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montero to invest in growth at high rates of return. When we think about Montero Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (599.55 K) with loss before overhead, payroll, taxes, and interest of (12.01 K). | |
| Montero Mining and has accumulated about 5.65 K in cash with (122.32 K) of positive cash flow from operations. | |
| Roughly 13.0% of Montero Mining outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Microsoft Corp Quote - Press Release - The Globe and Mail |
Montero Mining 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 Montero Stock often depends not only on the future outlook of the current and potential Montero Mining'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. Montero Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.6 M |
Montero Mining Technical Analysis
Montero Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Montero Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Montero Mining and. In general, you should focus on analyzing Montero Stock price patterns and their correlations with different microeconomic environments and drivers.
Montero Mining Predictive Forecast Models
Montero Mining's time-series forecasting models is one of many Montero Mining'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 Montero Mining'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 Montero Mining
Checking the ongoing alerts about Montero Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Montero Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Montero Mining generated a negative expected return over the last 90 days | |
| Montero Mining has some characteristics of a very speculative penny stock | |
| Montero Mining has high historical volatility and very poor performance | |
| Montero Mining has a very high chance of going through financial distress in the upcoming years | |
| Montero Mining and has accumulated 266.12 K in total debt with debt to equity ratio (D/E) of 29.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Montero Mining has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Montero Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Montero Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Montero Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montero to invest in growth at high rates of return. When we think about Montero Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (599.55 K) with loss before overhead, payroll, taxes, and interest of (12.01 K). | |
| Montero Mining and has accumulated about 5.65 K in cash with (122.32 K) of positive cash flow from operations. | |
| Roughly 13.0% of Montero Mining outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Microsoft Corp Quote - Press Release - The Globe and Mail |
Additional Tools for Montero Stock Analysis
When running Montero Mining's price analysis, check to measure Montero Mining'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 Montero Mining is operating at the current time. Most of Montero Mining's value examination focuses on studying past and present price action to predict the probability of Montero Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montero Mining's price. Additionally, you may evaluate how the addition of Montero Mining to your portfolios can decrease your overall portfolio volatility.