Melco Resorts (Brazil) Probability of Future Stock Price Finishing Over 17.54
| M1LC34 Stock | BRL 17.72 0.00 0.00% |
Melco |
Melco Resorts Target Price Odds to finish over 17.54
The tendency of Melco 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 R$ 17.54 in 90 days |
| 17.72 | 90 days | 17.54 | about 92.7 |
Based on a normal probability distribution, the odds of Melco Resorts to stay above R$ 17.54 in 90 days from now is about 92.7 (This Melco Resorts Entertainment probability density function shows the probability of Melco Stock to fall within a particular range of prices over 90 days) . Probability of Melco Resorts Entert price to stay between R$ 17.54 and its current price of R$17.72 at the end of the 90-day period is about 1.79 .
Assuming the 90 days trading horizon Melco Resorts Entertainment has a beta of -0.2. This indicates as returns on the benchmark increase, returns on holding Melco Resorts are expected to decrease at a much lower rate. During a bear market, however, Melco Resorts Entertainment is likely to outperform the market. Additionally Melco Resorts Entertainment 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. Melco Resorts Price Density |
| Price |
Predictive Modules for Melco Resorts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melco Resorts Entert. 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.Melco Resorts Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Melco Resorts is not an exception. The market had few large corrections towards the Melco Resorts' 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 Melco Resorts Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melco Resorts within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.52 | |
Ir | Information ratio | -0.16 |
Melco Resorts 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 Melco Resorts for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Melco Resorts Entert can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Melco Resorts Entert generated a negative expected return over the last 90 days |
Melco Resorts 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 Melco Stock often depends not only on the future outlook of the current and potential Melco Resorts' 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. Melco Resorts' indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 1.23k | |
| Average Daily Volume In Three Month | 1.39k |
Melco Resorts Technical Analysis
Melco Resorts' future price can be derived by breaking down and analyzing its technical indicators over time. Melco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melco Resorts Entertainment. In general, you should focus on analyzing Melco Stock price patterns and their correlations with different microeconomic environments and drivers.
Melco Resorts Predictive Forecast Models
Melco Resorts' time-series forecasting models is one of many Melco Resorts' 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 Melco Resorts' 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 Melco Resorts Entert
Checking the ongoing alerts about Melco Resorts for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Melco Resorts Entert help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Melco Resorts Entert generated a negative expected return over the last 90 days |
Additional Information and Resources on Investing in Melco Stock
When determining whether Melco Resorts Entert offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Melco Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Melco Resorts Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Melco Resorts Entertainment Stock:Check out Melco Resorts Backtesting, Melco Resorts Valuation, Melco Resorts Correlation, Melco Resorts Hype Analysis, Melco Resorts Volatility, Melco Resorts History as well as Melco Resorts Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' 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.