Mty Food Group Stock Odds of Future Stock Price Finishing Under 45.58
| MTY Stock | CAD 47.38 1.33 2.89% |
MTY |
MTY Food Target Price Odds to finish below 45.58
The tendency of MTY 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 C$ 45.58 or more in 90 days |
| 47.38 | 90 days | 45.58 | about 64.73 |
Based on a normal probability distribution, the odds of MTY Food to drop to C$ 45.58 or more in 90 days from now is about 64.73 (This MTY Food Group probability density function shows the probability of MTY Stock to fall within a particular range of prices over 90 days) . Probability of MTY Food Group price to stay between C$ 45.58 and its current price of C$47.38 at the end of the 90-day period is about 26.78 .
Assuming the 90 days trading horizon MTY Food has a beta of 0.44. This indicates as returns on the market go up, MTY Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MTY Food Group will be expected to be much smaller as well. Additionally MTY Food Group has an alpha of 0.0521, implying that it can generate a 0.0521 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MTY Food Price Density |
| Price |
Predictive Modules for MTY Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MTY Food 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.MTY Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MTY Food is not an exception. The market had few large corrections towards the MTY Food'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 MTY Food Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MTY Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | -0.0091 |
MTY Food 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 MTY Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MTY Food 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.| MTY Food Group has accumulated 1.3 B in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. MTY Food Group has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MTY Food until it has trouble settling it off, either with new capital or with free cash flow. So, MTY Food's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MTY Food Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MTY to invest in growth at high rates of return. When we think about MTY Food's use of debt, we should always consider it together with cash and equity. | |
| About 17.0% of MTY Food outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MTY Food Gr Top 10 Undervalued Consumer Cyclical Sector Stocks On TSX - Barchart |
MTY Food 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 MTY Stock often depends not only on the future outlook of the current and potential MTY Food'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. MTY Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.5 M | |
| Cash And Short Term Investments | 58.9 M |
MTY Food Technical Analysis
MTY Food's future price can be derived by breaking down and analyzing its technical indicators over time. MTY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MTY Food Group. In general, you should focus on analyzing MTY Stock price patterns and their correlations with different microeconomic environments and drivers.
MTY Food Predictive Forecast Models
MTY Food's time-series forecasting models is one of many MTY Food'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 MTY Food'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 MTY Food Group
Checking the ongoing alerts about MTY Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MTY Food Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MTY Food Group has accumulated 1.3 B in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. MTY Food Group has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MTY Food until it has trouble settling it off, either with new capital or with free cash flow. So, MTY Food's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MTY Food Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MTY to invest in growth at high rates of return. When we think about MTY Food's use of debt, we should always consider it together with cash and equity. | |
| About 17.0% of MTY Food outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MTY Food Gr Top 10 Undervalued Consumer Cyclical Sector Stocks On TSX - Barchart |
Other Information on Investing in MTY Stock
MTY Food financial ratios help investors to determine whether MTY 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 MTY with respect to the benefits of owning MTY Food security.