Midea Group (China) Probability of Future Stock Price Finishing Over 75.51
| 000333 Stock | 76.25 1.64 2.20% |
Midea |
Midea Group Target Price Odds to finish over 75.51
The tendency of Midea 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 stay above 75.51 in 90 days |
| 76.25 | 90 days | 75.51 | about 18.69 |
Based on a normal probability distribution, the odds of Midea Group to stay above 75.51 in 90 days from now is about 18.69 (This Midea Group Co probability density function shows the probability of Midea Stock to fall within a particular range of prices over 90 days) . Probability of Midea Group price to stay between 75.51 and its current price of 76.25 at the end of the 90-day period is about 5.34 .
Assuming the 90 days trading horizon Midea Group Co has a beta of -0.58. This suggests as returns on the benchmark increase, returns on holding Midea Group are expected to decrease at a much lower rate. During a bear market, however, Midea Group Co is likely to outperform the market. Additionally Midea Group Co has an alpha of 0.3021, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Midea Group Price Density |
| Price |
Predictive Modules for Midea Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Midea Group. 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.Midea Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Midea Group is not an exception. The market had few large corrections towards the Midea Group'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 Midea Group Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Midea Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 3.35 | |
Ir | Information ratio | 0.12 |
Midea Group 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 Midea Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Midea Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Midea Group Announces New Hong Kong Office Location - TipRanks |
Midea Group 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 Midea Stock often depends not only on the future outlook of the current and potential Midea Group'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. Midea Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7 B |
Midea Group Technical Analysis
Midea Group's future price can be derived by breaking down and analyzing its technical indicators over time. Midea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Midea Group Co. In general, you should focus on analyzing Midea Stock price patterns and their correlations with different microeconomic environments and drivers.
Midea Group Predictive Forecast Models
Midea Group's time-series forecasting models is one of many Midea Group'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 Midea Group'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 Midea Group
Checking the ongoing alerts about Midea Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Midea Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Midea Group Announces New Hong Kong Office Location - TipRanks |
Other Information on Investing in Midea Stock
Midea Group financial ratios help investors to determine whether Midea Stock 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 Midea with respect to the benefits of owning Midea Group security.