MISUMI GROUP (Germany) Probability of Future Stock Price Finishing Under 12.46
| MS3 Stock | EUR 14.90 0.40 2.61% |
MISUMI |
MISUMI GROUP Target Price Odds to finish below 12.46
The tendency of MISUMI 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 € 12.46 or more in 90 days |
| 14.90 | 90 days | 12.46 | near 1 |
Based on a normal probability distribution, the odds of MISUMI GROUP to drop to € 12.46 or more in 90 days from now is near 1 (This MISUMI GROUP INC probability density function shows the probability of MISUMI Stock to fall within a particular range of prices over 90 days) . Probability of MISUMI GROUP INC price to stay between € 12.46 and its current price of €14.9 at the end of the 90-day period is about 15.49 .
Assuming the 90 days horizon MISUMI GROUP INC has a beta of -0.0338. This indicates as returns on the benchmark increase, returns on holding MISUMI GROUP are expected to decrease at a much lower rate. During a bear market, however, MISUMI GROUP INC is likely to outperform the market. Additionally MISUMI GROUP INC 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. MISUMI GROUP Price Density |
| Price |
Predictive Modules for MISUMI 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 MISUMI GROUP INC. 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.MISUMI GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MISUMI GROUP is not an exception. The market had few large corrections towards the MISUMI 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 MISUMI GROUP INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MISUMI GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.09 |
MISUMI 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 MISUMI GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MISUMI GROUP INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MISUMI GROUP INC generated a negative expected return over the last 90 days | |
| About 65.0% of the company shares are owned by institutional investors |
MISUMI GROUP Technical Analysis
MISUMI GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. MISUMI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MISUMI GROUP INC. In general, you should focus on analyzing MISUMI Stock price patterns and their correlations with different microeconomic environments and drivers.
MISUMI GROUP Predictive Forecast Models
MISUMI GROUP's time-series forecasting models is one of many MISUMI 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 MISUMI 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 MISUMI GROUP INC
Checking the ongoing alerts about MISUMI GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MISUMI GROUP INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MISUMI GROUP INC generated a negative expected return over the last 90 days | |
| About 65.0% of the company shares are owned by institutional investors |
Other Information on Investing in MISUMI Stock
MISUMI GROUP financial ratios help investors to determine whether MISUMI 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 MISUMI with respect to the benefits of owning MISUMI GROUP security.