Movado Group Stock Chance of Future Stock Price Finishing Under 15.85
| MOV Stock | USD 20.09 0.49 2.50% |
Movado |
Movado Target Price Odds to finish below 15.85
The tendency of Movado 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 $ 15.85 or more in 90 days |
| 20.09 | 90 days | 15.85 | near 1 |
Based on a normal probability distribution, the odds of Movado to drop to $ 15.85 or more in 90 days from now is near 1 (This Movado Group probability density function shows the probability of Movado Stock to fall within a particular range of prices over 90 days) . Probability of Movado Group price to stay between $ 15.85 and its current price of $20.09 at the end of the 90-day period is about 59.32 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.36 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Movado will likely underperform. Additionally Movado Group 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. Movado Price Density |
| Price |
Predictive Modules for Movado
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Movado Group. 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.Movado Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Movado is not an exception. The market had few large corrections towards the Movado'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 Movado Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Movado within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 1.64 | |
Ir | Information ratio | -0.14 |
Movado 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 Movado for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Movado Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Movado Group generated a negative expected return over the last 90 days | |
| Over 95.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Movado paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: LUUM Names Jo Lawson CEO Announces Total Raise of 30M Including Recent Series A Round |
Movado 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 Movado Stock often depends not only on the future outlook of the current and potential Movado'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. Movado's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.6 M | |
| Cash And Short Term Investments | 262.5 M |
Movado Technical Analysis
Movado's future price can be derived by breaking down and analyzing its technical indicators over time. Movado Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Movado Group. In general, you should focus on analyzing Movado Stock price patterns and their correlations with different microeconomic environments and drivers.
Movado Predictive Forecast Models
Movado's time-series forecasting models is one of many Movado'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 Movado'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 Movado Group
Checking the ongoing alerts about Movado for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Movado Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Movado Group generated a negative expected return over the last 90 days | |
| Over 95.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Movado paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: LUUM Names Jo Lawson CEO Announces Total Raise of 30M Including Recent Series A Round |
Additional Tools for Movado Stock Analysis
When running Movado's price analysis, check to measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.