Mexco Energy Stock Probability of Future Stock Price Finishing Over 15.24
| MXC Stock | USD 11.97 0.15 1.24% |
Mexco |
Mexco Energy Target Price Odds to finish over 15.24
The tendency of Mexco 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 $ 15.24 or more in 90 days |
| 11.97 | 90 days | 15.24 | near 1 |
Based on a normal probability distribution, the odds of Mexco Energy to move over $ 15.24 or more in 90 days from now is near 1 (This Mexco Energy probability density function shows the probability of Mexco Stock to fall within a particular range of prices over 90 days) . Probability of Mexco Energy price to stay between its current price of $ 11.97 and $ 15.24 at the end of the 90-day period is about 64.4 .
Considering the 90-day investment horizon Mexco Energy has a beta of -0.11. This indicates as returns on the benchmark increase, returns on holding Mexco Energy are expected to decrease at a much lower rate. During a bear market, however, Mexco Energy is likely to outperform the market. Additionally Mexco Energy has an alpha of 0.1367, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mexco Energy Price Density |
| Price |
Predictive Modules for Mexco Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mexco Energy. 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 Mexco Energy'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.
Mexco Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mexco Energy is not an exception. The market had few large corrections towards the Mexco Energy'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 Mexco Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mexco Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0 |
Mexco Energy 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 Mexco Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mexco Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mexco Energy generated a negative expected return over the last 90 days | |
| Mexco Energy has high historical volatility and very poor performance | |
| Mexco Energy is unlikely to experience financial distress in the next 2 years | |
| Mexco Energy has a very strong financial position based on the latest SEC filings | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily |
Mexco Energy 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 Mexco Stock often depends not only on the future outlook of the current and potential Mexco Energy'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. Mexco Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 M | |
| Cash And Short Term Investments | 2.5 M |
Mexco Energy Technical Analysis
Mexco Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Mexco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mexco Energy. In general, you should focus on analyzing Mexco Stock price patterns and their correlations with different microeconomic environments and drivers.
Mexco Energy Predictive Forecast Models
Mexco Energy's time-series forecasting models is one of many Mexco Energy'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 Mexco Energy'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 Mexco Energy
Checking the ongoing alerts about Mexco Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mexco Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mexco Energy generated a negative expected return over the last 90 days | |
| Mexco Energy has high historical volatility and very poor performance | |
| Mexco Energy is unlikely to experience financial distress in the next 2 years | |
| Mexco Energy has a very strong financial position based on the latest SEC filings | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily |
Check out Mexco Energy Backtesting, Mexco Energy Valuation, Mexco Energy Correlation, Mexco Energy Hype Analysis, Mexco Energy Volatility, Mexco Energy History as well as Mexco Energy Performance. For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mexco Energy. If investors know Mexco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mexco Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.25 | Earnings Share 0.57 | Revenue Per Share 3.313 | Quarterly Revenue Growth 0.244 | Return On Assets 0.0578 |
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.