Mgame Corp (Korea) Probability of Future Stock Price Finishing Under 5368.9
| 058630 Stock | 5,220 470.00 8.26% |
Mgame |
Mgame Corp Target Price Odds to finish below 5368.9
The tendency of Mgame 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 under 5,369 after 90 days |
| 5,220 | 90 days | 5,369 | nearly 4.48 |
Based on a normal probability distribution, the odds of Mgame Corp to stay under 5,369 after 90 days from now is nearly 4.48 (This Mgame Corp probability density function shows the probability of Mgame Stock to fall within a particular range of prices over 90 days) . Probability of Mgame Corp price to stay between its current price of 5,220 and 5,369 at the end of the 90-day period is roughly 2.24 .
Assuming the 90 days trading horizon Mgame Corp has a beta of -1.32. This suggests as returns on its benchmark rise, returns on holding Mgame Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mgame Corp is expected to outperform its benchmark. Additionally Mgame Corp has an alpha of 0.0539, implying that it can generate a 0.0539 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mgame Corp Price Density |
| Price |
Predictive Modules for Mgame Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mgame Corp. 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.Mgame Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mgame Corp is not an exception. The market had few large corrections towards the Mgame Corp'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 Mgame Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mgame Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -1.32 | |
σ | Overall volatility | 488.24 | |
Ir | Information ratio | -0.07 |
Mgame Corp 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 Mgame Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mgame Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mgame Corp generated a negative expected return over the last 90 days | |
| Mgame Corp has high historical volatility and very poor performance |
Mgame Corp 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 Mgame Stock often depends not only on the future outlook of the current and potential Mgame Corp'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. Mgame Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Short Long Term Debt | 1 B |
Mgame Corp Technical Analysis
Mgame Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Mgame Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mgame Corp. In general, you should focus on analyzing Mgame Stock price patterns and their correlations with different microeconomic environments and drivers.
Mgame Corp Predictive Forecast Models
Mgame Corp's time-series forecasting models is one of many Mgame Corp'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 Mgame Corp'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 Mgame Corp
Checking the ongoing alerts about Mgame Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mgame Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mgame Corp generated a negative expected return over the last 90 days | |
| Mgame Corp has high historical volatility and very poor performance |
Other Information on Investing in Mgame Stock
Mgame Corp financial ratios help investors to determine whether Mgame Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mgame with respect to the benefits of owning Mgame Corp security.