Mene Inc Stock Analysis
| MENE Stock | CAD 0.14 0.01 7.69% |
Mene Inc is overvalued with Real Value of 0.12 and Hype Value of 0.14. The main objective of Mene stock analysis is to determine its intrinsic value, which is an estimate of what Mene Inc is worth, separate from its market price. There are two main types of Mene's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Mene's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Mene's stock to identify patterns and trends that may indicate its future price movements.
The Mene stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Mene is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Mene Stock trading window is adjusted to America/Toronto timezone.
Mene |
Mene Stock Analysis Notes
About 66.0% of the company outstanding shares are owned by corporate insiders. The book value of Mene was now reported as 0.06. The company recorded a loss per share of 0.01. Mene Inc last dividend was issued on the 20th of September 2016. The entity had 1:20 split on the 20th of September 2016. Mene Inc. designs, manufactures, and markets gold and platinum jewelry. The company retails its jewelry products directly to consumer through online portal. MENE INC operates under Luxury Goods classification in Canada and is traded on TSX Venture Exchange. To find out more about Mene Inc contact Vincent Gladu at 833 636 3245 or learn more at https://mene.com.Mene Inc Investment Alerts
| Mene Inc is way too risky over 90 days horizon | |
| Mene Inc has some characteristics of a very speculative penny stock | |
| Mene Inc appears to be risky and price may revert if volatility continues | |
| 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 |
Mene Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mene's market, we take the total number of its shares issued and multiply it by Mene's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Mene Profitablity
Mene's profitability indicators refer to fundamental financial ratios that showcase Mene's ability to generate income relative to its revenue or operating costs. If, let's say, Mene is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Mene's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Mene's profitability requires more research than a typical breakdown of Mene's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24. Technical Drivers
As of the 20th of March, Mene secures the Downside Deviation of 10.01, mean deviation of 3.89, and Risk Adjusted Performance of 0.0899. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mene Inc, as well as the relationship between them. Please verify Mene Inc jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Mene Inc is priced some-what accurately, providing market reflects its recent price of 0.14 per share.Mene Inc Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mene middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mene Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Mene Outstanding Bonds
Mene issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mene Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mene bonds can be classified according to their maturity, which is the date when Mene Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Mene Predictive Daily Indicators
Mene intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mene stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Mene Forecast Models
Mene's time-series forecasting models are one of many Mene's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Mene'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 market movement and maximize returns from investment trading.About Mene Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Mene prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mene shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Mene. By using and applying Mene Stock analysis, traders can create a robust methodology for identifying Mene entry and exit points for their positions.
Mene Inc. designs, manufactures, and markets gold and platinum jewelry. The company retails its jewelry products directly to consumer through online portal. MENE INC operates under Luxury Goods classification in Canada and is traded on TSX Venture Exchange.
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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.