Mytilineos Holdings Sa Stock Probability of Future Pink Sheet Price Finishing Over 37.62
| MYTHY Stock | USD 33.23 0.13 0.39% |
Mytilineos |
Mytilineos Holdings Target Price Odds to finish over 37.62
The tendency of Mytilineos Pink Sheet 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 $ 37.62 or more in 90 days |
| 33.23 | 90 days | 37.62 | about 43.24 |
Based on a normal probability distribution, the odds of Mytilineos Holdings to move over $ 37.62 or more in 90 days from now is about 43.24 (This Mytilineos Holdings SA probability density function shows the probability of Mytilineos Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Mytilineos Holdings price to stay between its current price of $ 33.23 and $ 37.62 at the end of the 90-day period is about 49.48 .
Assuming the 90 days horizon Mytilineos Holdings SA has a beta of -0.0362. This indicates as returns on the benchmark increase, returns on holding Mytilineos Holdings are expected to decrease at a much lower rate. During a bear market, however, Mytilineos Holdings SA is likely to outperform the market. Additionally Mytilineos Holdings SA 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. Mytilineos Holdings Price Density |
| Price |
Predictive Modules for Mytilineos Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mytilineos Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Mytilineos Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mytilineos Holdings is not an exception. The market had few large corrections towards the Mytilineos Holdings' 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 Mytilineos Holdings SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mytilineos Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0019 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | -0.03 |
Mytilineos Holdings 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 Mytilineos Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mytilineos Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mytilineos Holdings generated a negative expected return over the last 90 days | |
| Mytilineos Holdings has high historical volatility and very poor performance |
Mytilineos Holdings 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 Mytilineos Pink Sheet often depends not only on the future outlook of the current and potential Mytilineos Holdings' 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. Mytilineos Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.8 M |
Mytilineos Holdings Technical Analysis
Mytilineos Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Mytilineos Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mytilineos Holdings SA. In general, you should focus on analyzing Mytilineos Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mytilineos Holdings Predictive Forecast Models
Mytilineos Holdings' time-series forecasting models is one of many Mytilineos Holdings' pink sheet 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 Mytilineos Holdings' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Mytilineos Holdings
Checking the ongoing alerts about Mytilineos Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mytilineos Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mytilineos Holdings generated a negative expected return over the last 90 days | |
| Mytilineos Holdings has high historical volatility and very poor performance |
Additional Tools for Mytilineos Pink Sheet Analysis
When running Mytilineos Holdings' price analysis, check to measure Mytilineos Holdings' 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 Mytilineos Holdings is operating at the current time. Most of Mytilineos Holdings' value examination focuses on studying past and present price action to predict the probability of Mytilineos Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mytilineos Holdings' price. Additionally, you may evaluate how the addition of Mytilineos Holdings to your portfolios can decrease your overall portfolio volatility.