Methode Electronics Stock Probability of Future Stock Price Finishing Under 9.86
| MEI Stock | USD 10.92 0.19 1.77% |
Methode |
Methode Electronics Target Price Odds to finish below 9.86
The tendency of Methode 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 drop to $ 9.86 or more in 90 days |
| 10.92 | 90 days | 9.86 | about 29.36 |
Based on a normal probability distribution, the odds of Methode Electronics to drop to $ 9.86 or more in 90 days from now is about 29.36 (This Methode Electronics probability density function shows the probability of Methode Stock to fall within a particular range of prices over 90 days) . Probability of Methode Electronics price to stay between $ 9.86 and its current price of $10.92 at the end of the 90-day period is about 49.89 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.32 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Methode Electronics will likely underperform. Additionally Methode Electronics 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. Methode Electronics Price Density |
| Price |
Predictive Modules for Methode Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Methode Electronics. 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 Methode Electronics' 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.
Methode Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Methode Electronics is not an exception. The market had few large corrections towards the Methode Electronics' 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 Methode Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Methode Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 3.32 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.02 |
Methode Electronics 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 Methode Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Methode Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Methode Electronics had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 1.11 B. Reported Net Loss for the year was (123.3 M) with profit before taxes, overhead, and interest of 264.6 M. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 1st of November 2024 Methode Electronics paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Global and China Passenger Car Intelligent Steering Industry Research Report 2024 Steer-by-Wire is Expected to Land on Independent Brand Models in 2025, This Technology will Disrupt Cockpit Design - ResearchAndMarkets.com |
Methode Electronics 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 Methode Stock often depends not only on the future outlook of the current and potential Methode Electronics' 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. Methode Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.5 M | |
| Cash And Short Term Investments | 161.5 M |
Methode Electronics Technical Analysis
Methode Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Methode Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Methode Electronics. In general, you should focus on analyzing Methode Stock price patterns and their correlations with different microeconomic environments and drivers.
Methode Electronics Predictive Forecast Models
Methode Electronics' time-series forecasting models is one of many Methode Electronics' 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 Methode Electronics' 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 Methode Electronics
Checking the ongoing alerts about Methode Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Methode Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Methode Electronics had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 1.11 B. Reported Net Loss for the year was (123.3 M) with profit before taxes, overhead, and interest of 264.6 M. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 1st of November 2024 Methode Electronics paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Global and China Passenger Car Intelligent Steering Industry Research Report 2024 Steer-by-Wire is Expected to Land on Independent Brand Models in 2025, This Technology will Disrupt Cockpit Design - ResearchAndMarkets.com |
Check out Methode Electronics Backtesting, Methode Electronics Valuation, Methode Electronics Correlation, Methode Electronics Hype Analysis, Methode Electronics Volatility, Methode Electronics History as well as Methode Electronics Performance. For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electronic Equipment, Instruments & Components 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 Methode Electronics. If investors know Methode 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 Methode Electronics 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 (0.97) | Dividend Share 0.56 | Earnings Share (4.03) | Revenue Per Share 30.598 | Quarterly Revenue Growth (0.11) |
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' 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 Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' 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 Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.