Morguard Stock Odds of Future Stock Price Finishing Over 111.15
| MRC Stock | CAD 115.78 2.60 2.20% |
Morguard |
Morguard Target Price Odds to finish over 111.15
The tendency of Morguard 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 C$ 111.15 in 90 days |
| 115.78 | 90 days | 111.15 | over 95.66 |
Based on a normal probability distribution, the odds of Morguard to stay above C$ 111.15 in 90 days from now is over 95.66 (This Morguard probability density function shows the probability of Morguard Stock to fall within a particular range of prices over 90 days) . Probability of Morguard price to stay between C$ 111.15 and its current price of C$115.78 at the end of the 90-day period is about 19.08 .
Assuming the 90 days trading horizon Morguard has a beta of 0.37. This indicates as returns on the market go up, Morguard average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Morguard will be expected to be much smaller as well. Additionally Morguard has an alpha of 0.0338, implying that it can generate a 0.0338 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Morguard Price Density |
| Price |
Predictive Modules for Morguard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Morguard. 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.Morguard Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Morguard is not an exception. The market had few large corrections towards the Morguard'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 Morguard, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Morguard within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 4.69 | |
Ir | Information ratio | -0.01 |
Morguard 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 Morguard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Morguard can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Morguard has accumulated 5.81 B in total debt with debt to equity ratio (D/E) of 1.53, which is about average as compared to similar companies. Morguard has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Morguard until it has trouble settling it off, either with new capital or with free cash flow. So, Morguard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Morguard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Morguard to invest in growth at high rates of return. When we think about Morguard's use of debt, we should always consider it together with cash and equity. | |
| About 73.0% of Morguard outstanding shares are owned by corporate insiders |
Morguard 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 Morguard Stock often depends not only on the future outlook of the current and potential Morguard'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. Morguard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 116.5 M |
Morguard Technical Analysis
Morguard's future price can be derived by breaking down and analyzing its technical indicators over time. Morguard Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Morguard. In general, you should focus on analyzing Morguard Stock price patterns and their correlations with different microeconomic environments and drivers.
Morguard Predictive Forecast Models
Morguard's time-series forecasting models is one of many Morguard'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 Morguard'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 Morguard
Checking the ongoing alerts about Morguard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Morguard help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Morguard has accumulated 5.81 B in total debt with debt to equity ratio (D/E) of 1.53, which is about average as compared to similar companies. Morguard has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Morguard until it has trouble settling it off, either with new capital or with free cash flow. So, Morguard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Morguard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Morguard to invest in growth at high rates of return. When we think about Morguard's use of debt, we should always consider it together with cash and equity. | |
| About 73.0% of Morguard outstanding shares are owned by corporate insiders |
Other Information on Investing in Morguard Stock
Morguard financial ratios help investors to determine whether Morguard 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 Morguard with respect to the benefits of owning Morguard security.