Modular Medical Stock Probability of Future Stock Price Finishing Over 11.83
Modular Medical's future price is the expected price of Modular Medical instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Modular Medical performance during a given time horizon utilizing its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
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Modular |
Modular Medical 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 Modular Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Modular Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Modular Medical may become a speculative penny stock | |
| Net Loss for the year was (17.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Modular Medical currently holds about 13.7 M in cash with (13.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. |
Modular Medical 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 Modular Stock often depends not only on the future outlook of the current and potential Modular Medical'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. Modular Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.4 M | |
| Cash And Short Term Investments | 9.2 M |
Modular Medical Technical Analysis
Modular Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Modular Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Modular Medical. In general, you should focus on analyzing Modular Stock price patterns and their correlations with different microeconomic environments and drivers.
Modular Medical Predictive Forecast Models
Modular Medical's time-series forecasting models is one of many Modular Medical'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 Modular Medical'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 Modular Medical
Checking the ongoing alerts about Modular Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Modular Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Modular Medical generated a negative expected return over the last 90 days | |
| Modular Medical may become a speculative penny stock | |
| Modular Medical has high historical volatility and very poor performance | |
| Net Loss for the year was (17.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Modular Medical currently holds about 13.7 M in cash with (13.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. |
Check out Modular Medical Backtesting, Modular Medical Valuation, Modular Medical Correlation, Modular Medical Hype Analysis, Modular Medical Volatility, Modular Medical History as well as Modular Medical Performance. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Medical Equipment 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 Modular Medical. If investors know Modular 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 Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical's 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 Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical's 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 Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical's 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.