Mirage Energy Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.025
| MRGE Stock | USD 0.01 0.00 0.00% |
Mirage |
Mirage Energy Target Price Odds to finish over 0.025
The tendency of Mirage Pink Sheet 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 $ 0.03 or more in 90 days |
| 0.01 | 90 days | 0.03 | about 13.64 |
Based on a normal probability distribution, the odds of Mirage Energy to move over $ 0.03 or more in 90 days from now is about 13.64 (This Mirage Energy Corp probability density function shows the probability of Mirage Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Mirage Energy Corp price to stay between its current price of $ 0.01 and $ 0.03 at the end of the 90-day period is about 57.92 .
Given the investment horizon of 90 days Mirage Energy Corp has a beta of -5.07. This indicates as returns on its benchmark rise, returns on holding Mirage Energy Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mirage Energy is expected to outperform its benchmark. In addition to that Mirage Energy Corp has an alpha of 33.6002, implying that it can generate a 33.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mirage Energy Price Density |
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Predictive Modules for Mirage Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mirage Energy Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Mirage Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mirage Energy is not an exception. The market had few large corrections towards the Mirage Energy'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 Mirage Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mirage Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 33.60 | |
β | Beta against Dow Jones | -5.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.21 |
Mirage Energy 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 Mirage Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mirage Energy 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.| Mirage Energy Corp is way too risky over 90 days horizon | |
| Mirage Energy Corp has some characteristics of a very speculative penny stock | |
| Mirage Energy Corp appears to be risky and price may revert if volatility continues | |
| Mirage Energy Corp currently holds 1.2 K in liabilities with Debt to Equity (D/E) ratio of 1.8, which is about average as compared to similar companies. Mirage Energy Corp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mirage Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Mirage Energy'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 Mirage Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mirage to invest in growth at high rates of return. When we think about Mirage Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mirage Energy Corp currently holds about 99.16 K in cash with (821.6 K) of positive cash flow from operations. | |
| Roughly 48.0% of Mirage Energy outstanding shares are owned by corporate insiders |
Mirage Energy 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 Mirage Pink Sheet often depends not only on the future outlook of the current and potential Mirage Energy'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. Mirage Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 470.5 M | |
| Cash And Short Term Investments | 99.16 |
Mirage Energy Technical Analysis
Mirage Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Mirage Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mirage Energy Corp. In general, you should focus on analyzing Mirage Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mirage Energy Predictive Forecast Models
Mirage Energy's time-series forecasting models is one of many Mirage Energy's pink sheet 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 Mirage Energy'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Mirage Energy Corp
Checking the ongoing alerts about Mirage Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mirage Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mirage Energy Corp is way too risky over 90 days horizon | |
| Mirage Energy Corp has some characteristics of a very speculative penny stock | |
| Mirage Energy Corp appears to be risky and price may revert if volatility continues | |
| Mirage Energy Corp currently holds 1.2 K in liabilities with Debt to Equity (D/E) ratio of 1.8, which is about average as compared to similar companies. Mirage Energy Corp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mirage Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Mirage Energy'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 Mirage Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mirage to invest in growth at high rates of return. When we think about Mirage Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mirage Energy Corp currently holds about 99.16 K in cash with (821.6 K) of positive cash flow from operations. | |
| Roughly 48.0% of Mirage Energy outstanding shares are owned by corporate insiders |
Other Information on Investing in Mirage Pink Sheet
Mirage Energy financial ratios help investors to determine whether Mirage Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mirage with respect to the benefits of owning Mirage Energy security.