MCB GROUP (Mauritius) Probability of Future Stock Price Finishing Under 11.15
| MCBG-P Stock | 10.20 0.05 0.49% |
MCB |
MCB GROUP Target Price Odds to finish below 11.15
The tendency of MCB 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 11.15 after 90 days |
| 10.20 | 90 days | 11.15 | about 85.87 |
Based on a normal probability distribution, the odds of MCB GROUP to stay under 11.15 after 90 days from now is about 85.87 (This MCB GROUP LTD probability density function shows the probability of MCB Stock to fall within a particular range of prices over 90 days) . Probability of MCB GROUP LTD price to stay between its current price of 10.20 and 11.15 at the end of the 90-day period is about 80.07 .
Assuming the 90 days trading horizon MCB GROUP LTD has a beta of -0.34. This indicates as returns on the benchmark increase, returns on holding MCB GROUP are expected to decrease at a much lower rate. During a bear market, however, MCB GROUP LTD is likely to outperform the market. Additionally MCB GROUP LTD 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. MCB GROUP Price Density |
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Predictive Modules for MCB GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MCB GROUP LTD. 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.MCB GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MCB GROUP is not an exception. The market had few large corrections towards the MCB GROUP'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 MCB GROUP LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MCB GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.13 |
MCB GROUP 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 MCB GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MCB GROUP LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MCB GROUP LTD generated a negative expected return over the last 90 days |
MCB GROUP Technical Analysis
MCB GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. MCB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MCB GROUP LTD. In general, you should focus on analyzing MCB Stock price patterns and their correlations with different microeconomic environments and drivers.
MCB GROUP Predictive Forecast Models
MCB GROUP's time-series forecasting models is one of many MCB GROUP'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 MCB GROUP'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 MCB GROUP LTD
Checking the ongoing alerts about MCB GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MCB GROUP LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MCB GROUP LTD generated a negative expected return over the last 90 days |