Mercantile Investment (UK) Probability of Future Stock Price Finishing Over 237.47
| MRC Stock | 237.50 1.00 0.42% |
Mercantile |
Mercantile Investment Target Price Odds to finish over 237.47
The tendency of Mercantile 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 237.47 in 90 days |
| 237.50 | 90 days | 237.47 | about 55.97 |
Based on a normal probability distribution, the odds of Mercantile Investment to stay above 237.47 in 90 days from now is about 55.97 (This The Mercantile Investment probability density function shows the probability of Mercantile Stock to fall within a particular range of prices over 90 days) . Probability of The Mercantile Investment price to stay between 237.47 and its current price of 237.5 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Mercantile Investment has a beta of 0.24. This indicates as returns on the market go up, Mercantile Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Mercantile Investment will be expected to be much smaller as well. Additionally The Mercantile Investment 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. Mercantile Investment Price Density |
| Price |
Predictive Modules for Mercantile Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as The Mercantile Investment. 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.Mercantile Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mercantile Investment is not an exception. The market had few large corrections towards the Mercantile Investment'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 The Mercantile Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mercantile Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 4.66 | |
Ir | Information ratio | -0.19 |
Mercantile Investment 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 Mercantile Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for The Mercantile Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mercantile Investment generated a negative expected return over the last 90 days | |
| Mercantile Investment is unlikely to experience financial distress in the next 2 years | |
| On 1st of November 2024 Mercantile Investment paid 0.015 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Mercantile Investment Company Pty Ltd Reports Earnings Results for the Full Year Ended June 30, 2024 - Marketscreener.com |
Mercantile Investment 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 Mercantile Stock often depends not only on the future outlook of the current and potential Mercantile Investment'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. Mercantile Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 788.8 M | |
| Cash And Short Term Investments | 89.5 M |
Mercantile Investment Technical Analysis
Mercantile Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Mercantile Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Mercantile Investment. In general, you should focus on analyzing Mercantile Stock price patterns and their correlations with different microeconomic environments and drivers.
Mercantile Investment Predictive Forecast Models
Mercantile Investment's time-series forecasting models is one of many Mercantile Investment'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 Mercantile Investment'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 The Mercantile Investment
Checking the ongoing alerts about Mercantile Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for The Mercantile Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mercantile Investment generated a negative expected return over the last 90 days | |
| Mercantile Investment is unlikely to experience financial distress in the next 2 years | |
| On 1st of November 2024 Mercantile Investment paid 0.015 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Mercantile Investment Company Pty Ltd Reports Earnings Results for the Full Year Ended June 30, 2024 - Marketscreener.com |
Other Information on Investing in Mercantile Stock
Mercantile Investment financial ratios help investors to determine whether Mercantile 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 Mercantile with respect to the benefits of owning Mercantile Investment security.