Macquarie Technology (Australia) Probability of Future Stock Price Finishing Over 86.74
| MAQ Stock | 86.74 1.31 1.49% |
Macquarie |
Macquarie Technology Target Price Odds to finish over 86.74
The tendency of Macquarie 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 |
| 86.74 | 90 days | 86.74 | about 19.63 |
Based on a normal probability distribution, the odds of Macquarie Technology to move above the current price in 90 days from now is about 19.63 (This Macquarie Technology Group probability density function shows the probability of Macquarie Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Macquarie Technology has a beta of 0.51. This indicates as returns on the market go up, Macquarie Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Macquarie Technology Group will be expected to be much smaller as well. Additionally Macquarie Technology Group 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. Macquarie Technology Price Density |
| Price |
Predictive Modules for Macquarie Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Macquarie Technology. 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.Macquarie Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Macquarie Technology is not an exception. The market had few large corrections towards the Macquarie Technology'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 Macquarie Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Macquarie Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 4.07 | |
Ir | Information ratio | -0.07 |
Macquarie Technology 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 Macquarie Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Macquarie Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Macquarie Technology generated a negative expected return over the last 90 days | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Regal Funds Gains Stake in Macquarie Technology - TipRanks |
Macquarie Technology 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 Macquarie Stock often depends not only on the future outlook of the current and potential Macquarie Technology'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. Macquarie Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.4 M | |
| Cash And Short Term Investments | 84.8 M |
Macquarie Technology Technical Analysis
Macquarie Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Macquarie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Macquarie Technology Group. In general, you should focus on analyzing Macquarie Stock price patterns and their correlations with different microeconomic environments and drivers.
Macquarie Technology Predictive Forecast Models
Macquarie Technology's time-series forecasting models is one of many Macquarie Technology'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 Macquarie Technology'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 Macquarie Technology
Checking the ongoing alerts about Macquarie Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Macquarie Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Macquarie Technology generated a negative expected return over the last 90 days | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Regal Funds Gains Stake in Macquarie Technology - TipRanks |
Additional Tools for Macquarie Stock Analysis
When running Macquarie Technology's price analysis, check to measure Macquarie Technology'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 Macquarie Technology is operating at the current time. Most of Macquarie Technology's value examination focuses on studying past and present price action to predict the probability of Macquarie Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macquarie Technology's price. Additionally, you may evaluate how the addition of Macquarie Technology to your portfolios can decrease your overall portfolio volatility.