MEITUAN UNSPADR2B (Germany) Probability of Future Stock Price Finishing Over 57.54
| 9MDA Stock | EUR 41.60 2.20 5.02% |
MEITUAN |
MEITUAN UNSPADR2B Target Price Odds to finish over 57.54
The tendency of MEITUAN 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 move over € 57.54 or more in 90 days |
| 41.60 | 90 days | 57.54 | near 1 |
Based on a normal probability distribution, the odds of MEITUAN UNSPADR2B to move over € 57.54 or more in 90 days from now is near 1 (This MEITUAN UNSPADR2B probability density function shows the probability of MEITUAN Stock to fall within a particular range of prices over 90 days) . Probability of MEITUAN UNSPADR2B price to stay between its current price of € 41.60 and € 57.54 at the end of the 90-day period is about 36.03 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.04 . This suggests MEITUAN UNSPADR2B market returns are reactive to returns on the market. As the market goes up or down, MEITUAN UNSPADR2B is expected to follow. Additionally MEITUAN UNSPADR2B has an alpha of 0.6714, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MEITUAN UNSPADR2B Price Density |
| Price |
Predictive Modules for MEITUAN UNSPADR2B
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MEITUAN UNSPADR2B. 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.MEITUAN UNSPADR2B Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MEITUAN UNSPADR2B is not an exception. The market had few large corrections towards the MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MEITUAN UNSPADR2B within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 5.65 | |
Ir | Information ratio | 0.12 |
MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MEITUAN UNSPADR2B can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MEITUAN UNSPADR2B is way too risky over 90 days horizon | |
| MEITUAN UNSPADR2B appears to be risky and price may revert if volatility continues |
MEITUAN UNSPADR2B Technical Analysis
MEITUAN UNSPADR2B's future price can be derived by breaking down and analyzing its technical indicators over time. MEITUAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MEITUAN UNSPADR2B. In general, you should focus on analyzing MEITUAN Stock price patterns and their correlations with different microeconomic environments and drivers.
MEITUAN UNSPADR2B Predictive Forecast Models
MEITUAN UNSPADR2B's time-series forecasting models is one of many MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B
Checking the ongoing alerts about MEITUAN UNSPADR2B for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MEITUAN UNSPADR2B help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MEITUAN UNSPADR2B is way too risky over 90 days horizon | |
| MEITUAN UNSPADR2B appears to be risky and price may revert if volatility continues |
Other Information on Investing in MEITUAN Stock
MEITUAN UNSPADR2B financial ratios help investors to determine whether MEITUAN 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 MEITUAN with respect to the benefits of owning MEITUAN UNSPADR2B security.