Mimedx Group Stock Chance of Future Stock Price Finishing Over 13.51
| MDXG Stock | USD 9.20 0.02 0.22% |
MiMedx |
MiMedx Target Price Odds to finish over 13.51
The tendency of MiMedx 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 $ 13.51 or more in 90 days |
| 9.20 | 90 days | 13.51 | near 1 |
Based on a normal probability distribution, the odds of MiMedx to move over $ 13.51 or more in 90 days from now is near 1 (This MiMedx Group probability density function shows the probability of MiMedx Stock to fall within a particular range of prices over 90 days) . Probability of MiMedx Group price to stay between its current price of $ 9.20 and $ 13.51 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days MiMedx has a beta of 0.32. This indicates as returns on the market go up, MiMedx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MiMedx Group will be expected to be much smaller as well. Additionally MiMedx Group has an alpha of 0.5437, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MiMedx Price Density |
| Price |
Predictive Modules for MiMedx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MiMedx Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MiMedx'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.
MiMedx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MiMedx is not an exception. The market had few large corrections towards the MiMedx'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 MiMedx Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MiMedx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.11 |
MiMedx 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 MiMedx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MiMedx Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MiMedx Group appears to be risky and price may revert if volatility continues | |
| MiMedx Group is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: How Much Upside is Left in MiMedx Wall Street Analysts Think 37.12 |
MiMedx 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 MiMedx Stock often depends not only on the future outlook of the current and potential MiMedx'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. MiMedx's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146 M | |
| Cash And Short Term Investments | 82 M |
MiMedx Technical Analysis
MiMedx's future price can be derived by breaking down and analyzing its technical indicators over time. MiMedx Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MiMedx Group. In general, you should focus on analyzing MiMedx Stock price patterns and their correlations with different microeconomic environments and drivers.
MiMedx Predictive Forecast Models
MiMedx's time-series forecasting models is one of many MiMedx'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 MiMedx'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 MiMedx Group
Checking the ongoing alerts about MiMedx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MiMedx Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MiMedx Group appears to be risky and price may revert if volatility continues | |
| MiMedx Group is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: How Much Upside is Left in MiMedx Wall Street Analysts Think 37.12 |
Check out MiMedx Backtesting, MiMedx Valuation, MiMedx Correlation, MiMedx Hype Analysis, MiMedx Volatility, MiMedx History as well as MiMedx Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MiMedx. If investors know MiMedx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MiMedx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Earnings Share 0.57 | Revenue Per Share 2.447 | Quarterly Revenue Growth 0.029 | Return On Assets 0.1838 |
The market value of MiMedx Group is measured differently than its book value, which is the value of MiMedx that is recorded on the company's balance sheet. Investors also form their own opinion of MiMedx's value that differs from its market value or its book value, called intrinsic value, which is MiMedx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MiMedx's market value can be influenced by many factors that don't directly affect MiMedx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MiMedx's value and its price as these two are different measures arrived at by different means. Investors typically determine if MiMedx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MiMedx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.