Michman Basad (Israel) Probability of Future Stock Price Finishing Over 21,734

MCMN Stock  ILA 24,810  450.00  1.85%   
Michman Basad's future price is the expected price of Michman Basad instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Michman Basad performance during a given time horizon utilizing its historical volatility. Check out Michman Basad Backtesting, Michman Basad Valuation, Michman Basad Correlation, Michman Basad Hype Analysis, Michman Basad Volatility, Michman Basad History as well as Michman Basad Performance.
  
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Michman Basad Target Price Odds to finish over 21,734

The tendency of Michman 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 24,810 90 days 24,810 
near 1
Based on a normal probability distribution, the odds of Michman Basad to move above the current price in 90 days from now is near 1 (This Michman Basad probability density function shows the probability of Michman Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Michman Basad has a beta of -0.33. This indicates as returns on the benchmark increase, returns on holding Michman Basad are expected to decrease at a much lower rate. During a bear market, however, Michman Basad is likely to outperform the market. Additionally Michman Basad has an alpha of 0.686, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Michman Basad Price Density   
       Price  

Predictive Modules for Michman Basad

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Michman Basad. 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.
Hype
Prediction
LowEstimatedHigh
24,80924,81024,811
Details
Intrinsic
Valuation
LowRealHigh
20,16320,16427,291
Details

Michman Basad Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Michman Basad is not an exception. The market had few large corrections towards the Michman Basad'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 Michman Basad, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Michman Basad within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.69
β
Beta against Dow Jones-0.33
σ
Overall volatility
2,346
Ir
Information ratio 0.39

Michman Basad 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 Michman Basad for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Michman Basad can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Michman is showing solid risk-adjusted performance over 90 days
The company reported the revenue of 62.69 M. Net Loss for the year was (2.05 M) with profit before overhead, payroll, taxes, and interest of 31.45 M.
About 70.0% of the company outstanding shares are owned by corporate insiders

Michman Basad 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 Michman Stock often depends not only on the future outlook of the current and potential Michman Basad'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. Michman Basad's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Float418.9 K

Michman Basad Technical Analysis

Michman Basad's future price can be derived by breaking down and analyzing its technical indicators over time. Michman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Michman Basad. In general, you should focus on analyzing Michman Stock price patterns and their correlations with different microeconomic environments and drivers.

Michman Basad Predictive Forecast Models

Michman Basad's time-series forecasting models is one of many Michman Basad'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 Michman Basad'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 Michman Basad

Checking the ongoing alerts about Michman Basad for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Michman Basad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Michman is showing solid risk-adjusted performance over 90 days
The company reported the revenue of 62.69 M. Net Loss for the year was (2.05 M) with profit before overhead, payroll, taxes, and interest of 31.45 M.
About 70.0% of the company outstanding shares are owned by corporate insiders

Other Information on Investing in Michman Stock

Michman Basad financial ratios help investors to determine whether Michman 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 Michman with respect to the benefits of owning Michman Basad security.