Merit Group (UK) Probability of Future Stock Price Finishing Over 38.39
| MRIT Stock | 33.00 2.50 7.04% |
Merit |
Merit Group Target Price Odds to finish over 38.39
The tendency of Merit 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 over 38.39 or more in 90 days |
| 33.00 | 90 days | 38.39 | about 84.85 |
Based on a normal probability distribution, the odds of Merit Group to move over 38.39 or more in 90 days from now is about 84.85 (This Merit Group PLC probability density function shows the probability of Merit Stock to fall within a particular range of prices over 90 days) . Probability of Merit Group PLC price to stay between its current price of 33.00 and 38.39 at the end of the 90-day period is about 7.02 .
Assuming the 90 days trading horizon Merit Group has a beta of 0.66. This indicates as returns on the market go up, Merit Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Merit Group PLC will be expected to be much smaller as well. Additionally Merit Group PLC 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. Merit Group Price Density |
| Price |
Predictive Modules for Merit Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Merit Group PLC. 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.Merit Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Merit Group is not an exception. The market had few large corrections towards the Merit Group'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 Merit Group PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Merit Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.01 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 14.71 | |
Ir | Information ratio | -0.22 |
Merit Group 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 Merit Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Merit Group PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Merit Group PLC generated a negative expected return over the last 90 days | |
| Merit Group PLC has high historical volatility and very poor performance | |
| Merit Group PLC has high likelihood to experience some financial distress in the next 2 years | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Merit Medical Stock Gains 37.9 percent Year to Date Whats Behind the Rally - Yahoo Finance |
Merit Group 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 Merit Stock often depends not only on the future outlook of the current and potential Merit Group'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. Merit Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24 M | |
| Cash And Short Term Investments | 782 K |
Merit Group Technical Analysis
Merit Group's future price can be derived by breaking down and analyzing its technical indicators over time. Merit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Merit Group PLC. In general, you should focus on analyzing Merit Stock price patterns and their correlations with different microeconomic environments and drivers.
Merit Group Predictive Forecast Models
Merit Group's time-series forecasting models is one of many Merit Group'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 Merit Group'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 Merit Group PLC
Checking the ongoing alerts about Merit Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Merit Group PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Merit Group PLC generated a negative expected return over the last 90 days | |
| Merit Group PLC has high historical volatility and very poor performance | |
| Merit Group PLC has high likelihood to experience some financial distress in the next 2 years | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Merit Medical Stock Gains 37.9 percent Year to Date Whats Behind the Rally - Yahoo Finance |
Additional Tools for Merit Stock Analysis
When running Merit Group's price analysis, check to measure Merit Group'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 Merit Group is operating at the current time. Most of Merit Group's value examination focuses on studying past and present price action to predict the probability of Merit Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Group's price. Additionally, you may evaluate how the addition of Merit Group to your portfolios can decrease your overall portfolio volatility.