Unique Mining (Thailand) Probability of Future Stock Price Finishing Under 0.57
| UMS Stock | THB 0.38 0.01 2.56% |
Unique |
Unique Mining Target Price Odds to finish below 0.57
The tendency of Unique 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 under 0.57 after 90 days |
| 0.38 | 90 days | 0.57 | about 46.84 |
Based on a normal probability distribution, the odds of Unique Mining to stay under 0.57 after 90 days from now is about 46.84 (This Unique Mining Services probability density function shows the probability of Unique Stock to fall within a particular range of prices over 90 days) . Probability of Unique Mining Services price to stay between its current price of 0.38 and 0.57 at the end of the 90-day period is about 40.73 .
Assuming the 90 days trading horizon Unique Mining Services has a beta of -0.75. This usually implies as returns on the benchmark increase, returns on holding Unique Mining are expected to decrease at a much lower rate. During a bear market, however, Unique Mining Services is likely to outperform the market. Additionally Unique Mining Services 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. Unique Mining Price Density |
| Price |
Predictive Modules for Unique 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 Unique Mining Services. 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.Unique Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Unique Mining is not an exception. The market had few large corrections towards the Unique 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 Unique Mining Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unique Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.08 |
Unique 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 Unique Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unique Mining Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Unique Mining generated a negative expected return over the last 90 days | |
| Unique Mining has high historical volatility and very poor performance | |
| Unique Mining has some characteristics of a very speculative penny stock | |
| Unique Mining has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Unique Mining Services has accumulated 557.68 M in total debt with debt to equity ratio (D/E) of 599.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Unique Mining Services has a current ratio of 0.15, 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 Unique Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Unique 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 Unique Mining Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unique to invest in growth at high rates of return. When we think about Unique Mining's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 197.25 M. Net Loss for the year was (51.56 M) with profit before overhead, payroll, taxes, and interest of 16.53 M. | |
| Unique Mining Services has accumulated about 43.39 M in cash with (23.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 97.0% of Unique Mining outstanding shares are owned by insiders |
Unique 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 Unique Stock often depends not only on the future outlook of the current and potential Unique 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. Unique Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Unique Mining Technical Analysis
Unique Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Unique Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unique Mining Services. In general, you should focus on analyzing Unique Stock price patterns and their correlations with different microeconomic environments and drivers.
Unique Mining Predictive Forecast Models
Unique Mining's time-series forecasting models is one of many Unique 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 Unique 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 Unique Mining Services
Checking the ongoing alerts about Unique Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unique Mining Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Unique Mining generated a negative expected return over the last 90 days | |
| Unique Mining has high historical volatility and very poor performance | |
| Unique Mining has some characteristics of a very speculative penny stock | |
| Unique Mining has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Unique Mining Services has accumulated 557.68 M in total debt with debt to equity ratio (D/E) of 599.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Unique Mining Services has a current ratio of 0.15, 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 Unique Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Unique 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 Unique Mining Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unique to invest in growth at high rates of return. When we think about Unique Mining's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 197.25 M. Net Loss for the year was (51.56 M) with profit before overhead, payroll, taxes, and interest of 16.53 M. | |
| Unique Mining Services has accumulated about 43.39 M in cash with (23.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 97.0% of Unique Mining outstanding shares are owned by insiders |
Other Information on Investing in Unique Stock
Unique Mining financial ratios help investors to determine whether Unique Stock 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 Unique with respect to the benefits of owning Unique Mining security.