Marygold Companies Stock Probability of Future Stock Price Finishing Over 1.29
| MGLD Stock | USD 1.30 0.02 1.56% |
Marygold |
Marygold Companies Target Price Odds to finish over 1.29
The tendency of Marygold 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 above $ 1.29 in 90 days |
| 1.30 | 90 days | 1.29 | about 65.88 |
Based on a normal probability distribution, the odds of Marygold Companies to stay above $ 1.29 in 90 days from now is about 65.88 (This Marygold Companies probability density function shows the probability of Marygold Stock to fall within a particular range of prices over 90 days) . Probability of Marygold Companies price to stay between $ 1.29 and its current price of $1.3 at the end of the 90-day period is about 1.68 .
Given the investment horizon of 90 days Marygold Companies has a beta of -0.28. This indicates as returns on the benchmark increase, returns on holding Marygold Companies are expected to decrease at a much lower rate. During a bear market, however, Marygold Companies is likely to outperform the market. Additionally Marygold Companies has an alpha of 0.4418, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Marygold Companies Price Density |
| Price |
Predictive Modules for Marygold Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marygold Companies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marygold Companies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Marygold Companies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Marygold Companies is not an exception. The market had few large corrections towards the Marygold Companies' 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 Marygold Companies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Marygold Companies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.05 |
Marygold Companies 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 Marygold Companies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Marygold Companies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Marygold Companies had very high historical volatility over the last 90 days | |
| Marygold Companies may become a speculative penny stock | |
| The company reported the previous year's revenue of 32.84 M. Net Loss for the year was (4.07 M) with profit before overhead, payroll, taxes, and interest of 26.13 M. | |
| Marygold Companies currently holds about 17.98 M in cash with (1.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46. | |
| Marygold Companies has a frail financial position based on the latest SEC disclosures | |
| Roughly 80.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: The Marygold Companies secures 4.38 million funding By Investing.com - Investing.com Australia |
Marygold Companies 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 Marygold Stock often depends not only on the future outlook of the current and potential Marygold Companies' 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. Marygold Companies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.4 M | |
| Cash And Short Term Investments | 15 M |
Marygold Companies Technical Analysis
Marygold Companies' future price can be derived by breaking down and analyzing its technical indicators over time. Marygold Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Marygold Companies. In general, you should focus on analyzing Marygold Stock price patterns and their correlations with different microeconomic environments and drivers.
Marygold Companies Predictive Forecast Models
Marygold Companies' time-series forecasting models is one of many Marygold Companies' 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 Marygold Companies' 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 Marygold Companies
Checking the ongoing alerts about Marygold Companies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Marygold Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Marygold Companies had very high historical volatility over the last 90 days | |
| Marygold Companies may become a speculative penny stock | |
| The company reported the previous year's revenue of 32.84 M. Net Loss for the year was (4.07 M) with profit before overhead, payroll, taxes, and interest of 26.13 M. | |
| Marygold Companies currently holds about 17.98 M in cash with (1.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46. | |
| Marygold Companies has a frail financial position based on the latest SEC disclosures | |
| Roughly 80.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: The Marygold Companies secures 4.38 million funding By Investing.com - Investing.com Australia |
Check out Marygold Companies Backtesting, Marygold Companies Valuation, Marygold Companies Correlation, Marygold Companies Hype Analysis, Marygold Companies Volatility, Marygold Companies History as well as Marygold Companies Performance. For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marygold Companies. If investors know Marygold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marygold Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share (0.10) | Revenue Per Share 0.833 | Quarterly Revenue Growth (0.07) | Return On Assets (0.11) |
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.