MeVis Medical (Germany) Probability of Future Stock Price Finishing Under 23.97
| M3V Stock | 24.40 0.40 1.67% |
MeVis |
MeVis Medical Target Price Odds to finish below 23.97
The tendency of MeVis 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 23.97 or more in 90 days |
| 24.40 | 90 days | 23.97 | about 76.03 |
Based on a normal probability distribution, the odds of MeVis Medical to drop to 23.97 or more in 90 days from now is about 76.03 (This MeVis Medical Solutions probability density function shows the probability of MeVis Stock to fall within a particular range of prices over 90 days) . Probability of MeVis Medical Solutions price to stay between 23.97 and its current price of 24.4 at the end of the 90-day period is about 17.87 .
Assuming the 90 days trading horizon MeVis Medical has a beta of 0.28. This indicates as returns on the market go up, MeVis Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MeVis Medical Solutions will be expected to be much smaller as well. Additionally MeVis Medical Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. MeVis Medical Price Density |
| Price |
Predictive Modules for MeVis Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MeVis Medical Solutions. 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 MeVis Medical's 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.
MeVis Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MeVis Medical is not an exception. The market had few large corrections towards the MeVis Medical'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 MeVis Medical Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MeVis Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.09 |
MeVis 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 MeVis Stock often depends not only on the future outlook of the current and potential MeVis 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. MeVis Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 M | |
| Dividend Yield | 0.0293 |
MeVis Medical Technical Analysis
MeVis Medical's future price can be derived by breaking down and analyzing its technical indicators over time. MeVis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MeVis Medical Solutions. In general, you should focus on analyzing MeVis Stock price patterns and their correlations with different microeconomic environments and drivers.
MeVis Medical Predictive Forecast Models
MeVis Medical's time-series forecasting models is one of many MeVis 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 MeVis 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MeVis Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MeVis Medical's short interest history, or implied volatility extrapolated from MeVis Medical options trading.
Additional Tools for MeVis Stock Analysis
When running MeVis Medical's price analysis, check to measure MeVis Medical'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 MeVis Medical is operating at the current time. Most of MeVis Medical's value examination focuses on studying past and present price action to predict the probability of MeVis Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeVis Medical's price. Additionally, you may evaluate how the addition of MeVis Medical to your portfolios can decrease your overall portfolio volatility.