Mei Pharma Stock Probability of Future Stock Price Finishing Under 5.8
| MEIP Stock | USD 2.76 0.02 0.72% |
MEI |
MEI Pharma Target Price Odds to finish below 5.8
The tendency of MEI 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 stay under $ 5.80 after 90 days |
| 2.76 | 90 days | 5.80 | close to 99 |
Based on a normal probability distribution, the odds of MEI Pharma to stay under $ 5.80 after 90 days from now is close to 99 (This MEI Pharma probability density function shows the probability of MEI Stock to fall within a particular range of prices over 90 days) . Probability of MEI Pharma price to stay between its current price of $ 2.76 and $ 5.80 at the end of the 90-day period is about 88.25 .
Given the investment horizon of 90 days MEI Pharma has a beta of 0.44. This indicates as returns on the market go up, MEI Pharma average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MEI Pharma will be expected to be much smaller as well. Additionally MEI Pharma 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. MEI Pharma Price Density |
| Price |
Predictive Modules for MEI Pharma
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MEI Pharma. 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.MEI Pharma Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MEI Pharma is not an exception. The market had few large corrections towards the MEI Pharma'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 MEI Pharma, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MEI Pharma within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.09 |
MEI Pharma 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 MEI Pharma for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MEI Pharma can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MEI Pharma generated a negative expected return over the last 90 days | |
| MEI Pharma has high likelihood to experience some financial distress in the next 2 years | |
| MEI Pharma currently holds about 153.25 M in cash with (50.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.15. | |
| Latest headline from news.google.com: MEI Pharma, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2024 - Marketscreener.com |
MEI Pharma 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 MEI Stock often depends not only on the future outlook of the current and potential MEI Pharma'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. MEI Pharma's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.7 M | |
| Dividends Paid | 11.7 M | |
| Cash And Short Term Investments | 38.3 M |
MEI Pharma Technical Analysis
MEI Pharma's future price can be derived by breaking down and analyzing its technical indicators over time. MEI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MEI Pharma. In general, you should focus on analyzing MEI Stock price patterns and their correlations with different microeconomic environments and drivers.
MEI Pharma Predictive Forecast Models
MEI Pharma's time-series forecasting models is one of many MEI Pharma'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 MEI Pharma'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 MEI Pharma
Checking the ongoing alerts about MEI Pharma for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MEI Pharma help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MEI Pharma generated a negative expected return over the last 90 days | |
| MEI Pharma has high likelihood to experience some financial distress in the next 2 years | |
| MEI Pharma currently holds about 153.25 M in cash with (50.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.15. | |
| Latest headline from news.google.com: MEI Pharma, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2024 - Marketscreener.com |
Additional Tools for MEI Stock Analysis
When running MEI Pharma's price analysis, check to measure MEI Pharma'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 MEI Pharma is operating at the current time. Most of MEI Pharma's value examination focuses on studying past and present price action to predict the probability of MEI Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEI Pharma's price. Additionally, you may evaluate how the addition of MEI Pharma to your portfolios can decrease your overall portfolio volatility.