Morgan Co (Zimbabwe) Probability of Future Stock Price Finishing Over 241.0
| MCMS Stock | 211.00 30.00 12.45% |
Morgan |
Morgan Co Target Price Odds to finish over 241.0
The tendency of Morgan 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 over 241.00 or more in 90 days |
| 211.00 | 90 days | 241.00 | about 8.7 |
Based on a normal probability distribution, the odds of Morgan Co to move over 241.00 or more in 90 days from now is about 8.7 (This Morgan Co Multi probability density function shows the probability of Morgan Stock to fall within a particular range of prices over 90 days) . Probability of Morgan Co Multi price to stay between its current price of 211.00 and 241.00 at the end of the 90-day period is about 8.11 .
Assuming the 90 days trading horizon Morgan Co has a beta of 0.41. This indicates as returns on the market go up, Morgan Co average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Morgan Co Multi will be expected to be much smaller as well. In addition to that Morgan Co Multi has an alpha of 2.4523, implying that it can generate a 2.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Morgan Co Price Density |
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Predictive Modules for Morgan Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Morgan Co Multi. 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.Morgan Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Morgan Co is not an exception. The market had few large corrections towards the Morgan Co'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 Morgan Co Multi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Morgan Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.45 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 75.45 | |
Ir | Information ratio | 0.43 |
Morgan Co 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 Morgan Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Morgan Co Multi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Morgan Co Multi is way too risky over 90 days horizon | |
| Morgan Co Multi appears to be risky and price may revert if volatility continues |
Morgan Co Technical Analysis
Morgan Co's future price can be derived by breaking down and analyzing its technical indicators over time. Morgan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Morgan Co Multi. In general, you should focus on analyzing Morgan Stock price patterns and their correlations with different microeconomic environments and drivers.
Morgan Co Predictive Forecast Models
Morgan Co's time-series forecasting models is one of many Morgan Co'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 Morgan Co'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 Morgan Co Multi
Checking the ongoing alerts about Morgan Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Morgan Co Multi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Morgan Co Multi is way too risky over 90 days horizon | |
| Morgan Co Multi appears to be risky and price may revert if volatility continues |
Additional Tools for Morgan Stock Analysis
When running Morgan Co's price analysis, check to measure Morgan Co'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 Morgan Co is operating at the current time. Most of Morgan Co's value examination focuses on studying past and present price action to predict the probability of Morgan Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morgan Co's price. Additionally, you may evaluate how the addition of Morgan Co to your portfolios can decrease your overall portfolio volatility.