Magellan Midstream Partners Probability of Future Stock Price Finishing Over 62.06
| MMPDelisted Stock | USD 65.51 0.11 0.17% |
Magellan |
Magellan Midstream Target Price Odds to finish over 62.06
The tendency of Magellan 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 $ 62.06 in 90 days |
| 65.51 | 90 days | 62.06 | about 27.97 |
Based on a normal probability distribution, the odds of Magellan Midstream to stay above $ 62.06 in 90 days from now is about 27.97 (This Magellan Midstream Partners probability density function shows the probability of Magellan Stock to fall within a particular range of prices over 90 days) . Probability of Magellan Midstream price to stay between $ 62.06 and its current price of $65.51 at the end of the 90-day period is about 21.88 .
Considering the 90-day investment horizon Magellan Midstream has a beta of 0.0161. This indicates as returns on the market go up, Magellan Midstream average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Magellan Midstream Partners will be expected to be much smaller as well. Additionally Magellan Midstream Partners has an alpha of 0.2634, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Magellan Midstream Price Density |
| Price |
Predictive Modules for Magellan Midstream
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magellan Midstream. 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.Magellan Midstream Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magellan Midstream is not an exception. The market had few large corrections towards the Magellan Midstream'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 Magellan Midstream Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magellan Midstream within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 3.58 | |
Ir | Information ratio | 0.08 |
Magellan Midstream 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 Magellan Midstream for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magellan Midstream can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Magellan Midstream is not yet fully synchronised with the market data | |
| Magellan Midstream has a very high chance of going through financial distress in the upcoming years |
Magellan Midstream 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 Magellan Stock often depends not only on the future outlook of the current and potential Magellan Midstream'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. Magellan Midstream's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 209.6 M | |
| Cash And Short Term Investments | 2 M |
Magellan Midstream Technical Analysis
Magellan Midstream's future price can be derived by breaking down and analyzing its technical indicators over time. Magellan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magellan Midstream Partners. In general, you should focus on analyzing Magellan Stock price patterns and their correlations with different microeconomic environments and drivers.
Magellan Midstream Predictive Forecast Models
Magellan Midstream's time-series forecasting models is one of many Magellan Midstream'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 Magellan Midstream'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 Magellan Midstream
Checking the ongoing alerts about Magellan Midstream for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magellan Midstream help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Magellan Midstream is not yet fully synchronised with the market data | |
| Magellan Midstream has a very high chance of going through financial distress in the upcoming years |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Magellan Stock
If you are still planning to invest in Magellan Midstream check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Midstream's history and understand the potential risks before investing.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |