More Mutual (Israel) Probability of Future Stock Price Finishing Over 6392.0
| MORE-S8 Stock | 6,392 37.00 0.58% |
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More Mutual Target Price Odds to finish over 6392.0
The tendency of More 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 above the current price in 90 days |
| 6,392 | 90 days | 6,392 | roughly 2.15 |
Based on a normal probability distribution, the odds of More Mutual to move above the current price in 90 days from now is roughly 2.15 (This More Mutual Funds probability density function shows the probability of More Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon More Mutual Funds has a beta of -0.0526. This indicates as returns on the benchmark increase, returns on holding More Mutual are expected to decrease at a much lower rate. During a bear market, however, More Mutual Funds is likely to outperform the market. Additionally More Mutual Funds has an alpha of 0.2282, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). More Mutual Price Density |
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Predictive Modules for More Mutual
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as More Mutual Funds. 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.More Mutual Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. More Mutual is not an exception. The market had few large corrections towards the More Mutual'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 More Mutual Funds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of More Mutual within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 379.09 | |
Ir | Information ratio | 0.07 |
More Mutual Technical Analysis
More Mutual's future price can be derived by breaking down and analyzing its technical indicators over time. More Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of More Mutual Funds. In general, you should focus on analyzing More Stock price patterns and their correlations with different microeconomic environments and drivers.
More Mutual Predictive Forecast Models
More Mutual's time-series forecasting models is one of many More Mutual'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 More Mutual'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards More Mutual in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, More Mutual's short interest history, or implied volatility extrapolated from More Mutual options trading.