Momentus Stock Odds of Future Stock Price Finishing Over 1.06
| MNTS Stock | USD 1.06 0.64 152.38% |
Momentus |
Momentus Target Price Odds to finish over 1.06
The tendency of Momentus 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 move above the current price in 90 days |
| 1.06 | 90 days | 1.06 | near 1 |
Based on a normal probability distribution, the odds of Momentus to move above the current price in 90 days from now is near 1 (This Momentus probability density function shows the probability of Momentus Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 6.95 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Momentus will likely underperform. Moreover Momentus has an alpha of 1.7549, implying that it can generate a 1.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Momentus Price Density |
| Price |
Predictive Modules for Momentus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Momentus. 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 Momentus' 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.
Momentus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Momentus is not an exception. The market had few large corrections towards the Momentus' 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 Momentus, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Momentus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.75 | |
β | Beta against Dow Jones | 6.95 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.11 |
Momentus 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 Momentus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Momentus can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Momentus is way too risky over 90 days horizon | |
| Momentus has some characteristics of a very speculative penny stock | |
| Momentus appears to be risky and price may revert if volatility continues | |
| Momentus has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.09 M. Net Loss for the year was (68.92 M) with profit before overhead, payroll, taxes, and interest of 273 K. | |
| Momentus currently holds about 109.05 M in cash with (61.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Momentus has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Whats Going On With Momentus Shares Wednesday |
Momentus 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 Momentus Stock often depends not only on the future outlook of the current and potential Momentus' 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. Momentus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 M | |
| Cash And Short Term Investments | 2.1 M |
Momentus Technical Analysis
Momentus' future price can be derived by breaking down and analyzing its technical indicators over time. Momentus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Momentus. In general, you should focus on analyzing Momentus Stock price patterns and their correlations with different microeconomic environments and drivers.
Momentus Predictive Forecast Models
Momentus' time-series forecasting models is one of many Momentus' 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 Momentus' 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 Momentus
Checking the ongoing alerts about Momentus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Momentus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Momentus is way too risky over 90 days horizon | |
| Momentus has some characteristics of a very speculative penny stock | |
| Momentus appears to be risky and price may revert if volatility continues | |
| Momentus has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.09 M. Net Loss for the year was (68.92 M) with profit before overhead, payroll, taxes, and interest of 273 K. | |
| Momentus currently holds about 109.05 M in cash with (61.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Momentus has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Whats Going On With Momentus Shares Wednesday |
Additional Tools for Momentus Stock Analysis
When running Momentus' price analysis, check to measure Momentus' 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 Momentus is operating at the current time. Most of Momentus' value examination focuses on studying past and present price action to predict the probability of Momentus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Momentus' price. Additionally, you may evaluate how the addition of Momentus to your portfolios can decrease your overall portfolio volatility.