Mercury Corp (Korea) Probability of Future Stock Price Finishing Under 3625.0
| 100590 Stock | 3,450 5.00 0.14% |
Mercury |
Mercury Corp Target Price Odds to finish below 3625.0
The tendency of Mercury 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 under 3,625 after 90 days |
| 3,450 | 90 days | 3,625 | about 21.67 |
Based on a normal probability distribution, the odds of Mercury Corp to stay under 3,625 after 90 days from now is about 21.67 (This Mercury Corp probability density function shows the probability of Mercury Stock to fall within a particular range of prices over 90 days) . Probability of Mercury Corp price to stay between its current price of 3,450 and 3,625 at the end of the 90-day period is about 12.87 .
Assuming the 90 days trading horizon Mercury Corp has a beta of 0.57. This suggests as returns on the market go up, Mercury Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mercury Corp will be expected to be much smaller as well. Additionally Mercury Corp 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. Mercury Corp Price Density |
| Price |
Predictive Modules for Mercury Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mercury Corp. 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.Mercury Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mercury Corp is not an exception. The market had few large corrections towards the Mercury Corp'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 Mercury Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mercury Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 308.80 | |
Ir | Information ratio | 0.01 |
Mercury Corp 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 Mercury Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mercury Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mercury Corp had very high historical volatility over the last 90 days |
Mercury Corp Technical Analysis
Mercury Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Mercury Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mercury Corp. In general, you should focus on analyzing Mercury Stock price patterns and their correlations with different microeconomic environments and drivers.
Mercury Corp Predictive Forecast Models
Mercury Corp's time-series forecasting models is one of many Mercury Corp'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 Mercury Corp'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 Mercury Corp
Checking the ongoing alerts about Mercury Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mercury Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mercury Corp had very high historical volatility over the last 90 days |
Other Information on Investing in Mercury Stock
Mercury Corp financial ratios help investors to determine whether Mercury 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 Mercury with respect to the benefits of owning Mercury Corp security.