Mydecine Innovations Group Stock Analysis

MYCOF Stock  USD 0  0  20.00%   
Mydecine Innovations Group is fairly valued with Real Value of 0.00384 and Hype Value of 0.003125. The main objective of Mydecine Innovations pink sheet analysis is to determine its intrinsic value, which is an estimate of what Mydecine Innovations Group is worth, separate from its market price. There are two main types of Mydecine Innovations' stock analysis: fundamental analysis and technical analysis.
The Mydecine Innovations pink sheet is traded in the USA on PINK 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 the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Mydecine Innovations' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mydecine Innovations Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Mydecine Pink Sheet Analysis Notes

The company recorded a loss per share of 4.68. Mydecine Innovations last dividend was issued on the 1st of April 2019. The entity had 1:45 split on the 1st of April 2019. Mydecine Innovations Group Inc., a biotech and life sciences company, engages in the development and commercialization of drugs for treating mental health problems. Mydecine Innovations Group Inc. was incorporated in 2013 and is headquartered in Vancouver, Canada. Mydecine Innovations operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 11 people.The quote for Mydecine Innovations Group is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Mydecine Innovations Group contact David Bartch at 720 277 9879 or learn more at https://www.mydecine.com.

Mydecine Innovations Investment Alerts

Mydecine Innovations is way too risky over 90 days horizon
Mydecine Innovations has some characteristics of a very speculative penny stock
Mydecine Innovations appears to be risky and price may revert if volatility continues
Mydecine Innovations has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 7.49 K. Net Loss for the year was (28.9 M) with profit before overhead, payroll, taxes, and interest of 7.49 K.
Mydecine Innovations Group has accumulated about 324.15 K in cash with (24.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Mydecine Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mydecine Innovations's market, we take the total number of its shares issued and multiply it by Mydecine Innovations'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.

Technical Drivers

As of the 13th of January 2025, Mydecine Innovations secures the Mean Deviation of 23.76, downside deviation of 30.59, and Risk Adjusted Performance of 0.1254. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mydecine Innovations, as well as the relationship between them. Please verify Mydecine Innovations standard deviation and the relationship between the treynor ratio and kurtosis to decide if Mydecine Innovations Group is priced some-what accurately, providing market reflects its recent price of 0.004 per share. As Mydecine Innovations appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Mydecine Innovations Price Movement Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mydecine Innovations 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 Mydecine Innovations. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mydecine Innovations Outstanding Bonds

Mydecine Innovations 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. Mydecine Innovations 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 Mydecine bonds can be classified according to their maturity, which is the date when Mydecine Innovations Group 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.

Mydecine Innovations Predictive Daily Indicators

Mydecine Innovations 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 Mydecine Innovations pink sheet 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.

Mydecine Innovations Forecast Models

Mydecine Innovations' time-series forecasting models are one of many Mydecine Innovations' pink sheet 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 Mydecine Innovations' 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 Mydecine Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Mydecine Innovations 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 Mydecine shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Mydecine Innovations. By using and applying Mydecine Pink Sheet analysis, traders can create a robust methodology for identifying Mydecine entry and exit points for their positions.
Mydecine Innovations Group Inc., a biotech and life sciences company, engages in the development and commercialization of drugs for treating mental health problems. Mydecine Innovations Group Inc. was incorporated in 2013 and is headquartered in Vancouver, Canada. Mydecine Innovations operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 11 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Mydecine Innovations to your portfolios without increasing risk or reducing expected return.

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When running Mydecine Innovations' price analysis, check to measure Mydecine Innovations' 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 Mydecine Innovations is operating at the current time. Most of Mydecine Innovations' value examination focuses on studying past and present price action to predict the probability of Mydecine Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mydecine Innovations' price. Additionally, you may evaluate how the addition of Mydecine Innovations to your portfolios can decrease your overall portfolio volatility.
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