MGM Resorts International Probability of Future Bond Price Finishing Over 96.25
| 552953CD1 | 99.31 0.23 0.23% |
552953CD1 |
552953CD1 Target Price Odds to finish over 96.25
The tendency of 552953CD1 Bond 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 stay above 96.25 in 90 days |
| 99.31 | 90 days | 96.25 | about 81.88 |
Based on a normal probability distribution, the odds of 552953CD1 to stay above 96.25 in 90 days from now is about 81.88 (This MGM Resorts International probability density function shows the probability of 552953CD1 Bond to fall within a particular range of prices over 90 days) . Probability of MGM Resorts International price to stay between 96.25 and its current price of 99.31 at the end of the 90-day period is about 49.43 .
Assuming the 90 days trading horizon MGM Resorts International has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding 552953CD1 are expected to decrease at a much lower rate. During a bear market, however, MGM Resorts International is likely to outperform the market. Additionally MGM Resorts International 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. 552953CD1 Price Density |
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Predictive Modules for 552953CD1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MGM Resorts International. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.552953CD1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 552953CD1 is not an exception. The market had few large corrections towards the 552953CD1'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 MGM Resorts International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 552953CD1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | -0.07 |
552953CD1 Technical Analysis
552953CD1's future price can be derived by breaking down and analyzing its technical indicators over time. 552953CD1 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MGM Resorts International. In general, you should focus on analyzing 552953CD1 Bond price patterns and their correlations with different microeconomic environments and drivers.
552953CD1 Predictive Forecast Models
552953CD1's time-series forecasting models is one of many 552953CD1's bond 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 552953CD1'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 bond market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 552953CD1 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 552953CD1's short interest history, or implied volatility extrapolated from 552953CD1 options trading.
Other Information on Investing in 552953CD1 Bond
552953CD1 financial ratios help investors to determine whether 552953CD1 Bond 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 552953CD1 with respect to the benefits of owning 552953CD1 security.