Sugarmade Stock Probability of Future Pink Sheet Price Finishing Over 4.0E-5
| SGMD Stock | USD 0.0001 0.00 0.00% |
Sugarmade |
Sugarmade Target Price Odds to finish over 4.0E-5
The tendency of Sugarmade 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 stay above $ 0.00004 in 90 days |
| 0.0001 | 90 days | 0.00004 | about 82.45 |
Based on a normal probability distribution, the odds of Sugarmade to stay above $ 0.00004 in 90 days from now is about 82.45 (This Sugarmade probability density function shows the probability of Sugarmade Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Sugarmade price to stay between $ 0.00004 and its current price of $1.0E-4 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Sugarmade has a beta of -1.12. This usually implies Additionally Sugarmade 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. Sugarmade Price Density |
| Price |
Predictive Modules for Sugarmade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sugarmade. 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.Sugarmade Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sugarmade is not an exception. The market had few large corrections towards the Sugarmade'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 Sugarmade, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sugarmade within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.87 | |
β | Beta against Dow Jones | -1.12 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.14 |
Sugarmade 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 Sugarmade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sugarmade can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sugarmade is way too risky over 90 days horizon | |
| Sugarmade has some characteristics of a very speculative penny stock | |
| Sugarmade appears to be risky and price may revert if volatility continues | |
| Sugarmade currently holds 5.76 M in liabilities with Debt to Equity (D/E) ratio of 4.01, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sugarmade has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sugarmade until it has trouble settling it off, either with new capital or with free cash flow. So, Sugarmade'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 Sugarmade sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sugarmade to invest in growth at high rates of return. When we think about Sugarmade's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.72 M. Net Loss for the year was (11.07 M) with profit before overhead, payroll, taxes, and interest of 2.79 M. | |
| Sugarmade currently holds about 148.24 K in cash with (3.68 M) of positive cash flow from operations. |
Sugarmade 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 Sugarmade Pink Sheet often depends not only on the future outlook of the current and potential Sugarmade'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. Sugarmade's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.8 B |
Sugarmade Technical Analysis
Sugarmade's future price can be derived by breaking down and analyzing its technical indicators over time. Sugarmade Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sugarmade. In general, you should focus on analyzing Sugarmade Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Sugarmade Predictive Forecast Models
Sugarmade's time-series forecasting models is one of many Sugarmade'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 Sugarmade'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 Sugarmade
Checking the ongoing alerts about Sugarmade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sugarmade help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sugarmade is way too risky over 90 days horizon | |
| Sugarmade has some characteristics of a very speculative penny stock | |
| Sugarmade appears to be risky and price may revert if volatility continues | |
| Sugarmade currently holds 5.76 M in liabilities with Debt to Equity (D/E) ratio of 4.01, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sugarmade has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sugarmade until it has trouble settling it off, either with new capital or with free cash flow. So, Sugarmade'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 Sugarmade sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sugarmade to invest in growth at high rates of return. When we think about Sugarmade's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.72 M. Net Loss for the year was (11.07 M) with profit before overhead, payroll, taxes, and interest of 2.79 M. | |
| Sugarmade currently holds about 148.24 K in cash with (3.68 M) of positive cash flow from operations. |
Other Information on Investing in Sugarmade Pink Sheet
Sugarmade financial ratios help investors to determine whether Sugarmade 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 Sugarmade with respect to the benefits of owning Sugarmade security.