Meiji Holdings Co Stock Probability of Future Pink Sheet Price Finishing Under 12.8
| MEJHY Stock | USD 10.42 0.27 2.53% |
Meiji |
Meiji Holdings Target Price Odds to finish below 12.8
The tendency of Meiji Pink Sheet 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 $ 12.80 after 90 days |
| 10.42 | 90 days | 12.80 | about 84.53 |
Based on a normal probability distribution, the odds of Meiji Holdings to stay under $ 12.80 after 90 days from now is about 84.53 (This Meiji Holdings Co probability density function shows the probability of Meiji Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Meiji Holdings price to stay between its current price of $ 10.42 and $ 12.80 at the end of the 90-day period is about 77.39 .
Assuming the 90 days horizon Meiji Holdings has a beta of 0.66. This indicates as returns on the market go up, Meiji Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Meiji Holdings Co will be expected to be much smaller as well. Additionally Meiji Holdings Co 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. Meiji Holdings Price Density |
| Price |
Predictive Modules for Meiji Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meiji Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Meiji Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Meiji Holdings is not an exception. The market had few large corrections towards the Meiji Holdings' 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 Meiji Holdings Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Meiji Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.08 |
Meiji Holdings 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 Meiji Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Meiji Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Meiji Holdings generated a negative expected return over the last 90 days | |
| Meiji Holdings has high historical volatility and very poor performance |
Meiji Holdings 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 Meiji Pink Sheet often depends not only on the future outlook of the current and potential Meiji Holdings' 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. Meiji Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.8 M |
Meiji Holdings Technical Analysis
Meiji Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Meiji Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Meiji Holdings Co. In general, you should focus on analyzing Meiji Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Meiji Holdings Predictive Forecast Models
Meiji Holdings' time-series forecasting models is one of many Meiji Holdings' pink sheet 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 Meiji Holdings' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Meiji Holdings
Checking the ongoing alerts about Meiji Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Meiji Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Meiji Holdings generated a negative expected return over the last 90 days | |
| Meiji Holdings has high historical volatility and very poor performance |
Additional Tools for Meiji Pink Sheet Analysis
When running Meiji Holdings' price analysis, check to measure Meiji Holdings' 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 Meiji Holdings is operating at the current time. Most of Meiji Holdings' value examination focuses on studying past and present price action to predict the probability of Meiji Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiji Holdings' price. Additionally, you may evaluate how the addition of Meiji Holdings to your portfolios can decrease your overall portfolio volatility.