MMTC (India) Chance of Future Stock Price Finishing Under 74.62
| MMTC Stock | 78.62 0.72 0.91% |
MMTC |
MMTC Target Price Odds to finish below 74.62
The tendency of MMTC 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 drop to 74.62 or more in 90 days |
| 78.62 | 90 days | 74.62 | about 10.98 |
Based on a normal probability distribution, the odds of MMTC to drop to 74.62 or more in 90 days from now is about 10.98 (This MMTC Limited probability density function shows the probability of MMTC Stock to fall within a particular range of prices over 90 days) . Probability of MMTC Limited price to stay between 74.62 and its current price of 78.62 at the end of the 90-day period is about 11.48 .
Assuming the 90 days trading horizon MMTC has a beta of 0.75. This indicates as returns on the market go up, MMTC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MMTC Limited will be expected to be much smaller as well. Additionally MMTC Limited 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. MMTC Price Density |
| Price |
Predictive Modules for MMTC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MMTC Limited. 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.MMTC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MMTC is not an exception. The market had few large corrections towards the MMTC'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 MMTC Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MMTC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 8.52 | |
Ir | Information ratio | -0.24 |
MMTC 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 MMTC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MMTC Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MMTC Limited generated a negative expected return over the last 90 days | |
| MMTC generates negative cash flow from operations | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
MMTC 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 MMTC Stock often depends not only on the future outlook of the current and potential MMTC'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. MMTC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 12.7 B |
MMTC Technical Analysis
MMTC's future price can be derived by breaking down and analyzing its technical indicators over time. MMTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MMTC Limited. In general, you should focus on analyzing MMTC Stock price patterns and their correlations with different microeconomic environments and drivers.
MMTC Predictive Forecast Models
MMTC's time-series forecasting models is one of many MMTC'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 MMTC'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 MMTC Limited
Checking the ongoing alerts about MMTC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MMTC Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MMTC Limited generated a negative expected return over the last 90 days | |
| MMTC generates negative cash flow from operations | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for MMTC Stock Analysis
When running MMTC's price analysis, check to measure MMTC'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 MMTC is operating at the current time. Most of MMTC's value examination focuses on studying past and present price action to predict the probability of MMTC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMTC's price. Additionally, you may evaluate how the addition of MMTC to your portfolios can decrease your overall portfolio volatility.