Midway (Australia) Chance of Future Stock Price Finishing Over 1.25
| MWY Stock | 1.25 0.00 0.00% |
Midway |
Midway Target Price Odds to finish over 1.25
The tendency of Midway 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 above the current price in 90 days |
| 1.25 | 90 days | 1.25 | under 4 |
Based on a normal probability distribution, the odds of Midway to move above the current price in 90 days from now is under 4 (This Midway probability density function shows the probability of Midway Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Midway has a beta of 0.85. This indicates Midway market returns are related to returns on the market. As the market goes up or down, Midway is expected to follow. Additionally Midway has an alpha of 0.6623, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Midway Price Density |
| Price |
Predictive Modules for Midway
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Midway. 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.Midway Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Midway is not an exception. The market had few large corrections towards the Midway'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 Midway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Midway within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.08 |
Midway 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 Midway for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Midway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Midway is way too risky over 90 days horizon | |
| Midway may become a speculative penny stock | |
| Midway appears to be risky and price may revert if volatility continues | |
| Midway is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stock Takes The big issues facing FP Healthcare - New Zealand Herald |
Midway 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 Midway Stock often depends not only on the future outlook of the current and potential Midway'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. Midway's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.8 M | |
| Cash And Short Term Investments | 24.9 M |
Midway Technical Analysis
Midway's future price can be derived by breaking down and analyzing its technical indicators over time. Midway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Midway. In general, you should focus on analyzing Midway Stock price patterns and their correlations with different microeconomic environments and drivers.
Midway Predictive Forecast Models
Midway's time-series forecasting models is one of many Midway'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 Midway'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 Midway
Checking the ongoing alerts about Midway for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Midway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Midway is way too risky over 90 days horizon | |
| Midway may become a speculative penny stock | |
| Midway appears to be risky and price may revert if volatility continues | |
| Midway is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stock Takes The big issues facing FP Healthcare - New Zealand Herald |
Additional Tools for Midway Stock Analysis
When running Midway's price analysis, check to measure Midway'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 Midway is operating at the current time. Most of Midway's value examination focuses on studying past and present price action to predict the probability of Midway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midway's price. Additionally, you may evaluate how the addition of Midway to your portfolios can decrease your overall portfolio volatility.