Mi Homes Stock Price Prediction
| MHO Stock | USD 160.32 4.13 2.64% |
Oversold Vs Overbought
57
Oversold | Overbought |
Quarterly Earnings Growth 0.058 | EPS Estimate Next Quarter 4.93 | EPS Estimate Current Year 19.8267 | EPS Estimate Next Year 20.42 | Wall Street Target Price 197.5 |
Using MI Homes hype-based prediction, you can estimate the value of MI Homes from the perspective of MI Homes response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in MI Homes to buy its stock at a price that has no basis in reality. In that case, they are not buying MHO because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
MI Homes after-hype prediction price | USD 156.19 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
MHO |
MI Homes After-Hype Price Prediction Density Analysis
As far as predicting the price of MI Homes at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in MI Homes or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of MI Homes, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MI Homes Estimiated After-Hype Price Volatility
In the context of predicting MI Homes' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MI Homes' historical news coverage. MI Homes' after-hype downside and upside margins for the prediction period are 154.05 and 158.33, respectively. We have considered MI Homes' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
MI Homes is very steady at this time. Analysis and calculation of next after-hype price of MI Homes is based on 3 months time horizon.
MI Homes Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as MI Homes is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MI Homes backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with MI Homes, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 2.14 | 0.05 | 0.05 | 7 Events / Month | 6 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
160.32 | 156.19 | 0.00 |
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MI Homes Hype Timeline
On the 22nd of November MI Homes is traded for 160.32. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.05. MHO is forecasted 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 forecasted to be very small, whereas the daily expected return is now at -0.06%. %. The volatility of related hype on MI Homes is about 236.32%, with the expected price after the next announcement by competition of 160.37. About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MI Homes has Price/Earnings To Growth (PEG) ratio of 0.78. The entity recorded earning per share (EPS) of 18.62. The firm last dividend was issued on the 27th of June 2008. MI Homes had 2:1 split on the 20th of June 2002. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out MI Homes Basic Forecasting Models to cross-verify your projections.MI Homes Related Hype Analysis
Having access to credible news sources related to MI Homes' direct competition is more important than ever and may enhance your ability to predict MI Homes' future price movements. Getting to know how MI Homes' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how MI Homes may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TPH | TRI Pointe Homes | (1.78) | 9 per month | 1.76 | (0.05) | 2.86 | (3.19) | 10.14 | |
| BZH | Beazer Homes USA | (1.35) | 9 per month | 2.15 | 0.01 | 4.14 | (3.93) | 12.19 | |
| CCS | Century Communities | 2.19 | 11 per month | 0.00 | (0.11) | 3.41 | (3.86) | 13.05 | |
| MTH | Meritage | 0.85 | 10 per month | 0.00 | (0.10) | 2.81 | (4.82) | 11.87 | |
| TMHC | Taylor Morn Home | (0.20) | 11 per month | 1.68 | 0.01 | 3.10 | (2.82) | 9.89 | |
| LGIH | LGI Homes | 7.15 | 8 per month | 0.00 | (0.06) | 4.12 | (3.56) | 11.93 | |
| HOV | Hovnanian Enterprises | 0.08 | 11 per month | 0.00 | (0.09) | 4.74 | (5.89) | 23.00 | |
| KBH | KB Home | 1.21 | 11 per month | 0.00 | (0.08) | 3.05 | (3.31) | 10.30 | |
| MDC | MDC Holdings | 0.00 | 0 per month | 1.63 | 0.10 | 3.21 | (2.62) | 9.99 |
MI Homes Additional Predictive Modules
Most predictive techniques to examine MHO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MHO using various technical indicators. When you analyze MHO 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About MI Homes Predictive Indicators
The successful prediction of MI Homes 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 MI Homes, 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 MI Homes based on analysis of MI Homes hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MI Homes's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MI Homes's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.004743 | 0.004506 | Price To Sales Ratio | 0.95 | 1.0 |
Story Coverage note for MI Homes
The number of cover stories for MI Homes depends on current market conditions and MI Homes' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MI Homes 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 MI Homes' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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MI Homes Short Properties
MI Homes' future price predictability will typically decrease when MI Homes' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MI Homes often depends not only on the future outlook of the potential MI Homes' 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. MI Homes' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.7 M | |
| Cash And Short Term Investments | 732.8 M |
Check out MI Homes Basic Forecasting Models to cross-verify your projections. To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Household Durables 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 MI Homes. If investors know MHO 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 MI Homes 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 0.058 | Earnings Share 18.62 | Revenue Per Share 153.475 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0973 |
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' 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 MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' 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 MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' 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.