Multi Retail (Israel) Probability of Future Stock Price Finishing Over 1035.2
| MRG Stock | 1,121 24.00 2.19% |
Multi |
Multi Retail Target Price Odds to finish over 1035.2
The tendency of Multi 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 1,035 in 90 days |
| 1,121 | 90 days | 1,035 | about 6.32 |
Based on a normal probability distribution, the odds of Multi Retail to stay above 1,035 in 90 days from now is about 6.32 (This Multi Retail Group probability density function shows the probability of Multi Stock to fall within a particular range of prices over 90 days) . Probability of Multi Retail Group price to stay between 1,035 and its current price of 1121.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Multi Retail has a beta of 0.34. This indicates as returns on the market go up, Multi Retail average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Retail Group will be expected to be much smaller as well. Moreover Multi Retail Group has an alpha of 1.303, implying that it can generate a 1.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Multi Retail Price Density |
| Price |
Predictive Modules for Multi Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Retail 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.Multi Retail Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multi Retail is not an exception. The market had few large corrections towards the Multi Retail'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 Multi Retail Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multi Retail within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.30 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 218.01 | |
Ir | Information ratio | 0.34 |
Multi Retail 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 Multi Retail for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multi Retail 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.| Multi Retail Group appears to be risky and price may revert if volatility continues | |
| Multi is showing solid risk-adjusted performance over 90 days | |
| Over 83.0% of the company shares are owned by institutional investors |
Multi Retail Technical Analysis
Multi Retail's future price can be derived by breaking down and analyzing its technical indicators over time. Multi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multi Retail Group. In general, you should focus on analyzing Multi Stock price patterns and their correlations with different microeconomic environments and drivers.
Multi Retail Predictive Forecast Models
Multi Retail's time-series forecasting models is one of many Multi Retail'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 Multi Retail'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 Multi Retail Group
Checking the ongoing alerts about Multi Retail for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multi Retail Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Multi Retail Group appears to be risky and price may revert if volatility continues | |
| Multi is showing solid risk-adjusted performance over 90 days | |
| Over 83.0% of the company shares are owned by institutional investors |
Other Information on Investing in Multi Stock
Multi Retail financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Retail security.