Mgm China Holdings Stock Probability of Future Pink Sheet Price Finishing Under 10.98
| MCHVY Stock | USD 14.70 0.22 1.52% |
MGM |
MGM China Target Price Odds to finish below 10.98
The tendency of MGM Pink Sheet 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 $ 10.98 or more in 90 days |
| 14.70 | 90 days | 10.98 | near 1 |
Based on a normal probability distribution, the odds of MGM China to drop to $ 10.98 or more in 90 days from now is near 1 (This MGM China Holdings probability density function shows the probability of MGM Pink Sheet to fall within a particular range of prices over 90 days) . Probability of MGM China Holdings price to stay between $ 10.98 and its current price of $14.7 at the end of the 90-day period is about 11.06 .
Assuming the 90 days horizon MGM China Holdings has a beta of -1.06. This indicates Additionally MGM China Holdings 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. MGM China Price Density |
| Price |
Predictive Modules for MGM China
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MGM China Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 MGM China'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.
MGM China Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MGM China is not an exception. The market had few large corrections towards the MGM China'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 MGM China Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MGM China within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -1.06 | |
σ | Overall volatility | 1.21 | |
Ir | Information ratio | -0.08 |
MGM China 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 MGM China for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MGM China Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MGM China Holdings generated a negative expected return over the last 90 days | |
| MGM China Holdings has high historical volatility and very poor performance | |
| The company reported the revenue of 9.41 B. Net Loss for the year was (3.85 B) with profit before overhead, payroll, taxes, and interest of 5.56 B. | |
| MGM China Holdings has accumulated about 6.95 B in cash with (449.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from channelnewsasia.com: US charges five in Scattered Spider hacking scheme |
MGM China 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 MGM Pink Sheet often depends not only on the future outlook of the current and potential MGM China'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. MGM China's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.8 B |
MGM China Technical Analysis
MGM China's future price can be derived by breaking down and analyzing its technical indicators over time. MGM Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MGM China Holdings. In general, you should focus on analyzing MGM Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
MGM China Predictive Forecast Models
MGM China's time-series forecasting models is one of many MGM China's pink sheet 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 MGM China'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 pink sheet market movement and maximize returns from investment trading.
Things to note about MGM China Holdings
Checking the ongoing alerts about MGM China for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MGM China Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MGM China Holdings generated a negative expected return over the last 90 days | |
| MGM China Holdings has high historical volatility and very poor performance | |
| The company reported the revenue of 9.41 B. Net Loss for the year was (3.85 B) with profit before overhead, payroll, taxes, and interest of 5.56 B. | |
| MGM China Holdings has accumulated about 6.95 B in cash with (449.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from channelnewsasia.com: US charges five in Scattered Spider hacking scheme |
Additional Tools for MGM Pink Sheet Analysis
When running MGM China's price analysis, check to measure MGM China'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 MGM China is operating at the current time. Most of MGM China's value examination focuses on studying past and present price action to predict the probability of MGM China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM China's price. Additionally, you may evaluate how the addition of MGM China to your portfolios can decrease your overall portfolio volatility.