Bank Millennium (Poland) Probability of Future Stock Price Finishing Over 8.36
| MIL Stock | 8.40 0.18 2.19% |
Bank |
Bank Millennium Target Price Odds to finish over 8.36
The tendency of Bank 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 above 8.36 in 90 days |
| 8.40 | 90 days | 8.36 | about 74.47 |
Based on a normal probability distribution, the odds of Bank Millennium to stay above 8.36 in 90 days from now is about 74.47 (This Bank Millennium SA probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank Millennium SA price to stay between 8.36 and its current price of 8.4 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Bank Millennium has a beta of 0.18. This indicates as returns on the market go up, Bank Millennium average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank Millennium SA will be expected to be much smaller as well. Additionally Bank Millennium SA 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. Bank Millennium Price Density |
| Price |
Predictive Modules for Bank Millennium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank Millennium SA. 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 Bank Millennium'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.
Bank Millennium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank Millennium is not an exception. The market had few large corrections towards the Bank Millennium'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 Bank Millennium SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank Millennium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.08 |
Bank Millennium 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 Bank Millennium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank Millennium SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bank Millennium SA generated a negative expected return over the last 90 days | |
| Bank Millennium SA has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 3.82 B. Net Loss for the year was (1.33 B) with profit before overhead, payroll, taxes, and interest of 3.62 B. | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Bank Millennium 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 Bank Stock often depends not only on the future outlook of the current and potential Bank Millennium'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. Bank Millennium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Cash And Short Term Investments | 4 B |
Bank Millennium Technical Analysis
Bank Millennium's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank Millennium SA. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank Millennium Predictive Forecast Models
Bank Millennium's time-series forecasting models is one of many Bank Millennium'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 Bank Millennium'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 Bank Millennium SA
Checking the ongoing alerts about Bank Millennium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank Millennium SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank Millennium SA generated a negative expected return over the last 90 days | |
| Bank Millennium SA has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 3.82 B. Net Loss for the year was (1.33 B) with profit before overhead, payroll, taxes, and interest of 3.62 B. | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Bank Stock Analysis
When running Bank Millennium's price analysis, check to measure Bank Millennium'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 Bank Millennium is operating at the current time. Most of Bank Millennium's value examination focuses on studying past and present price action to predict the probability of Bank Millennium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Millennium's price. Additionally, you may evaluate how the addition of Bank Millennium to your portfolios can decrease your overall portfolio volatility.