Meitav Trade (Israel) Probability of Future Stock Price Finishing Over 11.16
| MTRD Stock | 1,075 1,064 9,691% |
Meitav |
Meitav Trade Target Price Odds to finish over 11.16
The tendency of Meitav 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 11.16 in 90 days |
| 1,075 | 90 days | 11.16 | about 54.26 |
Based on a normal probability distribution, the odds of Meitav Trade to stay above 11.16 in 90 days from now is about 54.26 (This Meitav Trade Inv probability density function shows the probability of Meitav Stock to fall within a particular range of prices over 90 days) . Probability of Meitav Trade Inv price to stay between 11.16 and its current price of 1075.0 at the end of the 90-day period is about 54.26 .
Assuming the 90 days trading horizon Meitav Trade Inv has a beta of -134.82. This indicates as returns on its benchmark rise, returns on holding Meitav Trade Inv are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Meitav Trade is expected to outperform its benchmark. In addition to that Meitav Trade Inv has an alpha of 162.8126, implying that it can generate a 162.81 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Meitav Trade Price Density |
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Predictive Modules for Meitav Trade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meitav Trade Inv. 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.Meitav Trade Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Meitav Trade is not an exception. The market had few large corrections towards the Meitav Trade'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 Meitav Trade Inv, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Meitav Trade within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 162.81 | |
β | Beta against Dow Jones | -134.82 | |
σ | Overall volatility | 131.21 | |
Ir | Information ratio | 0.12 |
Meitav Trade 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 Meitav Trade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Meitav Trade Inv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Meitav Trade Inv is way too risky over 90 days horizon | |
| Meitav Trade Inv appears to be risky and price may revert if volatility continues |
Meitav Trade Technical Analysis
Meitav Trade's future price can be derived by breaking down and analyzing its technical indicators over time. Meitav Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Meitav Trade Inv. In general, you should focus on analyzing Meitav Stock price patterns and their correlations with different microeconomic environments and drivers.
Meitav Trade Predictive Forecast Models
Meitav Trade's time-series forecasting models is one of many Meitav Trade'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 Meitav Trade'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 Meitav Trade Inv
Checking the ongoing alerts about Meitav Trade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Meitav Trade Inv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.