METISA Metalrgica (Brazil) Probability of Future Preferred Stock Price Finishing Over 36.29
| MTSA4 Preferred Stock | BRL 34.18 0.45 1.33% |
METISA |
METISA Metalrgica Target Price Odds to finish over 36.29
The tendency of METISA Preferred 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 R$ 36.29 or more in 90 days |
| 34.18 | 90 days | 36.29 | about 72.34 |
Based on a normal probability distribution, the odds of METISA Metalrgica to move over R$ 36.29 or more in 90 days from now is about 72.34 (This METISA Metalrgica Timboense probability density function shows the probability of METISA Preferred Stock to fall within a particular range of prices over 90 days) . Probability of METISA Metalrgica price to stay between its current price of R$ 34.18 and R$ 36.29 at the end of the 90-day period is about 15.55 .
Assuming the 90 days trading horizon METISA Metalrgica has a beta of 0.0447. This indicates as returns on the market go up, METISA Metalrgica average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding METISA Metalrgica Timboense will be expected to be much smaller as well. Additionally METISA Metalrgica Timboense 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. METISA Metalrgica Price Density |
| Price |
Predictive Modules for METISA Metalrgica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as METISA Metalrgica. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.METISA Metalrgica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. METISA Metalrgica is not an exception. The market had few large corrections towards the METISA Metalrgica'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 METISA Metalrgica Timboense, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of METISA Metalrgica within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 3.66 | |
Ir | Information ratio | -0.2 |
METISA Metalrgica 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 METISA Metalrgica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for METISA Metalrgica can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| METISA Metalrgica generated a negative expected return over the last 90 days | |
| METISA Metalrgica Timboense has accumulated about 64.31 M in cash with (38.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.69. | |
| Roughly 33.0% of the company outstanding shares are owned by corporate insiders |
METISA Metalrgica 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 METISA Preferred Stock often depends not only on the future outlook of the current and potential METISA Metalrgica'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. METISA Metalrgica's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.3 M | |
| Cash And Short Term Investments | 73.2 M |
METISA Metalrgica Technical Analysis
METISA Metalrgica's future price can be derived by breaking down and analyzing its technical indicators over time. METISA Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of METISA Metalrgica Timboense. In general, you should focus on analyzing METISA Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
METISA Metalrgica Predictive Forecast Models
METISA Metalrgica's time-series forecasting models is one of many METISA Metalrgica's preferred 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 METISA Metalrgica'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 preferred stock market movement and maximize returns from investment trading.
Things to note about METISA Metalrgica
Checking the ongoing alerts about METISA Metalrgica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for METISA Metalrgica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| METISA Metalrgica generated a negative expected return over the last 90 days | |
| METISA Metalrgica Timboense has accumulated about 64.31 M in cash with (38.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.69. | |
| Roughly 33.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for METISA Preferred Stock Analysis
When running METISA Metalrgica's price analysis, check to measure METISA Metalrgica'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 METISA Metalrgica is operating at the current time. Most of METISA Metalrgica's value examination focuses on studying past and present price action to predict the probability of METISA Metalrgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move METISA Metalrgica's price. Additionally, you may evaluate how the addition of METISA Metalrgica to your portfolios can decrease your overall portfolio volatility.