Ming Le (Germany) Odds of Future Stock Price Finishing Over 6.79
| ML2 Stock | EUR 1.20 0.10 7.69% |
Ming |
Ming Le Target Price Odds to finish over 6.79
The tendency of Ming 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 € 6.79 or more in 90 days |
| 1.20 | 90 days | 6.79 | close to zero percent |
Based on a normal probability distribution, the odds of Ming Le to move over € 6.79 or more in 90 days from now is close to zero percent (This Ming Le Sports probability density function shows the probability of Ming Stock to fall within a particular range of prices over 90 days) . Probability of Ming Le Sports price to stay between its current price of € 1.20 and € 6.79 at the end of the 90-day period is about 41.66 .
Assuming the 90 days horizon Ming Le has a beta of 0.59. This indicates as returns on the market go up, Ming Le average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ming Le Sports will be expected to be much smaller as well. Additionally Ming Le Sports has an alpha of 0.2986, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ming Le Price Density |
| Price |
Predictive Modules for Ming Le
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ming Le Sports. 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.Ming Le Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ming Le is not an exception. The market had few large corrections towards the Ming Le'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 Ming Le Sports, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ming Le within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.05 |
Ming Le 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 Ming Le for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ming Le Sports can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ming Le Sports had very high historical volatility over the last 90 days | |
| Ming Le Sports may become a speculative penny stock | |
| Ming Le Sports has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (213.22 K) with profit before overhead, payroll, taxes, and interest of 619.67 K. | |
| Ming Le Sports has accumulated about 2.2 M in cash with (227.44 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Ming Le 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 Ming Stock often depends not only on the future outlook of the current and potential Ming Le'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. Ming Le's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 M | |
| Shares Float | 2.7 M |
Ming Le Technical Analysis
Ming Le's future price can be derived by breaking down and analyzing its technical indicators over time. Ming Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ming Le Sports. In general, you should focus on analyzing Ming Stock price patterns and their correlations with different microeconomic environments and drivers.
Ming Le Predictive Forecast Models
Ming Le's time-series forecasting models is one of many Ming Le'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 Ming Le'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 Ming Le Sports
Checking the ongoing alerts about Ming Le for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ming Le Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ming Le Sports had very high historical volatility over the last 90 days | |
| Ming Le Sports may become a speculative penny stock | |
| Ming Le Sports has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (213.22 K) with profit before overhead, payroll, taxes, and interest of 619.67 K. | |
| Ming Le Sports has accumulated about 2.2 M in cash with (227.44 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Ming Stock
Ming Le financial ratios help investors to determine whether Ming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ming with respect to the benefits of owning Ming Le security.