MUA (Mauritius) Chance of Future Stock Price Finishing Over 67.18
| MUA Stock | 63.50 0.50 0.78% |
MUA |
MUA Target Price Odds to finish over 67.18
The tendency of MUA 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 67.18 or more in 90 days |
| 63.50 | 90 days | 67.18 | about 61.7 |
Based on a normal probability distribution, the odds of MUA to move over 67.18 or more in 90 days from now is about 61.7 (This MUA LTD probability density function shows the probability of MUA Stock to fall within a particular range of prices over 90 days) . Probability of MUA LTD price to stay between its current price of 63.50 and 67.18 at the end of the 90-day period is about 13.53 .
Assuming the 90 days trading horizon MUA has a beta of 0.52. This indicates as returns on the market go up, MUA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MUA LTD will be expected to be much smaller as well. Additionally MUA LTD has an alpha of 0.1282, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MUA Price Density |
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Predictive Modules for MUA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MUA LTD. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MUA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MUA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MUA is not an exception. The market had few large corrections towards the MUA'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 MUA LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MUA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 9.58 | |
Ir | Information ratio | 0.02 |
MUA 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 MUA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MUA LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MUA LTD had very high historical volatility over the last 90 days |
MUA Technical Analysis
MUA's future price can be derived by breaking down and analyzing its technical indicators over time. MUA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MUA LTD. In general, you should focus on analyzing MUA Stock price patterns and their correlations with different microeconomic environments and drivers.
MUA Predictive Forecast Models
MUA's time-series forecasting models is one of many MUA'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 MUA'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 MUA LTD
Checking the ongoing alerts about MUA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MUA LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MUA LTD had very high historical volatility over the last 90 days |