Mene Inc Stock Buy Hold or Sell Recommendation
| MENE Stock | CAD 0.13 0.01 7.14% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Mene Inc is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Mene Inc given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Mene Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Mene Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Mene and provide practical buy, sell, or hold advice based on investors' constraints. Mene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Mene |
Execute Mene Buy or Sell Advice
The Mene recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mene Inc. Macroaxis does not own or have any residual interests in Mene Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mene's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Mene Trading Alerts and Improvement Suggestions
| Mene Inc had very high historical volatility over the last 90 days | |
| Mene Inc has some characteristics of a very speculative penny stock | |
| Mene Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 23.29 M. Net Loss for the year was (1.99 M) with profit before overhead, payroll, taxes, and interest of 6.29 M. | |
| Mene Inc has accumulated about 29.56 M in cash with (854.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Revival Gold closes strategic placement with Dundee Corporation - Yahoo Finance |
Mene Returns Distribution Density
The distribution of Mene's historical returns is an attempt to chart the uncertainty of Mene's future price movements. The chart of the probability distribution of Mene daily returns describes the distribution of returns around its average expected value. We use Mene Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mene returns is essential to provide solid investment advice for Mene.
| Mean Return | 0.33 | Value At Risk | -8.33 | Potential Upside | 9.09 | Standard Deviation | 6.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mene historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mene Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (3.8M) | (1.7M) | (6.4M) | 7.1M | 8.2M | 8.6M | |
| Free Cash Flow | (5.4M) | (1.1M) | 4.0M | (868.2K) | (781.4K) | (820.5K) | |
| Depreciation | 173.2K | 170.8K | 179.5K | 216.2K | 248.6K | 261.0K | |
| Other Non Cash Items | 2.7M | 548.8K | 1.2M | 326.7K | 375.7K | 356.9K | |
| Capital Expenditures | 51.1K | 35.7K | 729.9K | 13.6K | 12.2K | 11.6K | |
| Net Income | (3.3M) | (32.6K) | (1.5M) | (2.0M) | (1.8M) | (1.9M) | |
| End Period Cash Flow | 9.1M | 7.5M | 1.1M | 8.1M | 9.3M | 9.8M | |
| Change To Inventory | (4.7M) | (1.6M) | 4.7M | (1.8M) | (2.1M) | (2.2M) | |
| Investments | 11.0M | 4M | (10.8M) | 11.7M | 13.5M | 14.1M | |
| Net Borrowings | 15.9M | (9.1M) | (4.8M) | (23.5K) | (21.2K) | (20.1K) | |
| Change To Netincome | 2.4M | 2.4M | 435.2K | 1.5M | 1.7M | 1.3M |
Mene Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mene or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mene's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mene stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 6.75 | |
Ir | Information ratio | 0.07 |
Mene Volatility Alert
Mene Inc is showing large volatility of returns over the selected time horizon. Mene Inc is a potential penny stock. Although Mene may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Mene Inc. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Mene instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Mene Fundamentals Vs Peers
Comparing Mene's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mene's direct or indirect competition across all of the common fundamentals between Mene and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mene or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mene's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mene by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mene to competition |
| Fundamentals | Mene | Peer Average |
| Return On Equity | -0.079 | -0.31 |
| Return On Asset | -0.0212 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | 0.24 % | (5.51) % |
| Current Valuation | 27.82 M | 16.62 B |
| Shares Outstanding | 149.95 M | 571.82 M |
| Shares Owned By Insiders | 65.50 % | 10.09 % |
| Shares Owned By Institutions | 7.76 % | 39.21 % |
| Number Of Shares Shorted | 1.61 K | 4.71 M |
| Price To Book | 2.00 X | 9.51 X |
| Price To Sales | 1.38 X | 11.42 X |
| Revenue | 23.29 M | 9.43 B |
| Gross Profit | 6.29 M | 27.38 B |
| EBITDA | (584.15 K) | 3.9 B |
| Net Income | (1.99 M) | 570.98 M |
| Cash And Equivalents | 29.56 M | 2.7 B |
| Cash Per Share | 0.12 X | 5.01 X |
| Total Debt | 2.24 M | 5.32 B |
| Debt To Equity | 144.10 % | 48.70 % |
| Current Ratio | 40.24 X | 2.16 X |
| Book Value Per Share | 0.06 X | 1.93 K |
| Cash Flow From Operations | (854.62 K) | 971.22 M |
| Short Ratio | 0.09 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | 0.12 | -0.15 |
| Market Capitalization | 32.54 M | 19.03 B |
| Total Asset | 18.22 M | 29.47 B |
| Retained Earnings | (21.93 M) | 9.33 B |
| Working Capital | 14.62 M | 1.48 B |
| Net Asset | 18.22 M |
Mene Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mene . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.13 | |||
| Day Typical Price | 0.13 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Mene Buy or Sell Advice
When is the right time to buy or sell Mene Inc? Buying financial instruments such as Mene Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Mene Stock Analysis
When running Mene's price analysis, check to measure Mene'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 Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.