Myr Group Stock Price Prediction

Intrinsic Valuation Low Real High 108.36 111.36 160.01 Details

Naive Forecast Low Next High 137.45 140.45 143.45 Details

5 Analysts Consensus Low Target High 147.42 162.00 179.82 Details

Earnings Estimates (0) Low Projected EPS High 0.29 0.80 0.44 Details

MYR After-Hype Price Prediction Density Analysis

MYR Estimiated After-Hype Price Volatility

MYR Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.59	3.00	0.54	1.72	10 Events / Month	9 Events / Month	In about 10 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
145.46	145.46	0.00	329.67   Notes

MYR Hype Timeline

MYR Group is now traded for 145.46. The entity has historical hype elasticity of -0.54, and average elasticity to hype of competition of 1.72. MYR is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.59%. %. The volatility of related hype on MYR is about 103.06%, with the expected price after the next announcement by competition of 147.18. About 96.0% of the company shares are owned by institutional investors. The book value of MYR was now reported as 36.5. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 10 days. Check out MYR Basic Forecasting Models to cross-verify your projections.

MYR Related Hype Analysis

MYR Additional Predictive Modules

Most predictive techniques to examine MYR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MYR using various technical indicators. When you analyze MYR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The successful prediction of MYR stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as MYR Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of MYR based on analysis of MYR hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for MYR depends on current market conditions and MYR's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MYR is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about MYR's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

MYR's future price predictability will typically decrease when MYR's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MYR Group often depends not only on the future outlook of the potential MYR'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. MYR's indicators that are reflective of the short sentiment are summarized in the table below.

When running MYR's price analysis, check to measure MYR'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 MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.