MoneyMe (Australia) Odds of Future Stock Price Finishing Under 0.0005
| MME Stock | 0.17 0.01 5.56% |
MoneyMe |
MoneyMe Target Price Odds to finish below 0.0005
The tendency of MoneyMe 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 drop to 0.0005 or more in 90 days |
| 0.17 | 90 days | 0.0005 | near 1 |
Based on a normal probability distribution, the odds of MoneyMe to drop to 0.0005 or more in 90 days from now is near 1 (This MoneyMe probability density function shows the probability of MoneyMe Stock to fall within a particular range of prices over 90 days) . Probability of MoneyMe price to stay between 0.0005 and its current price of 0.17 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon MoneyMe has a beta of -1.17. This indicates as returns on its benchmark rise, returns on holding MoneyMe are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MoneyMe is expected to outperform its benchmark. Additionally MoneyMe has an alpha of 0.6232, implying that it can generate a 0.62 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MoneyMe Price Density |
| Price |
Predictive Modules for MoneyMe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MoneyMe. 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.MoneyMe Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MoneyMe is not an exception. The market had few large corrections towards the MoneyMe's 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 MoneyMe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MoneyMe within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.62 | |
β | Beta against Dow Jones | -1.17 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.09 |
MoneyMe 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 MoneyMe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MoneyMe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MoneyMe is way too risky over 90 days horizon | |
| MoneyMe has some characteristics of a very speculative penny stock | |
| MoneyMe appears to be risky and price may revert if volatility continues | |
| MoneyMe generates negative cash flow from operations | |
| About 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MoneyMe Secures A125 Million Funding with iPartners - TipRanks |
MoneyMe 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 MoneyMe Stock often depends not only on the future outlook of the current and potential MoneyMe's 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. MoneyMe's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 795.1 M | |
| Cash And Short Term Investments | 73.6 M |
MoneyMe Technical Analysis
MoneyMe's future price can be derived by breaking down and analyzing its technical indicators over time. MoneyMe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MoneyMe. In general, you should focus on analyzing MoneyMe Stock price patterns and their correlations with different microeconomic environments and drivers.
MoneyMe Predictive Forecast Models
MoneyMe's time-series forecasting models is one of many MoneyMe's 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 MoneyMe'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 stock market movement and maximize returns from investment trading.
Things to note about MoneyMe
Checking the ongoing alerts about MoneyMe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MoneyMe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MoneyMe is way too risky over 90 days horizon | |
| MoneyMe has some characteristics of a very speculative penny stock | |
| MoneyMe appears to be risky and price may revert if volatility continues | |
| MoneyMe generates negative cash flow from operations | |
| About 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MoneyMe Secures A125 Million Funding with iPartners - TipRanks |
Additional Tools for MoneyMe Stock Analysis
When running MoneyMe's price analysis, check to measure MoneyMe'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 MoneyMe is operating at the current time. Most of MoneyMe's value examination focuses on studying past and present price action to predict the probability of MoneyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneyMe's price. Additionally, you may evaluate how the addition of MoneyMe to your portfolios can decrease your overall portfolio volatility.