Manhattan Associates Stock Probability of Future Stock Price Finishing Under 309.78
| MANH Stock | USD 275.19 4.11 1.47% |
Manhattan |
Manhattan Associates Target Price Odds to finish below 309.78
The tendency of Manhattan 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 $ 309.78 after 90 days |
| 275.19 | 90 days | 309.78 | about 98.0 |
Based on a normal probability distribution, the odds of Manhattan Associates to stay under $ 309.78 after 90 days from now is about 98.0 (This Manhattan Associates probability density function shows the probability of Manhattan Stock to fall within a particular range of prices over 90 days) . Probability of Manhattan Associates price to stay between its current price of $ 275.19 and $ 309.78 at the end of the 90-day period is about 78.5 .
Given the investment horizon of 90 days Manhattan Associates has a beta of 0.51. This indicates as returns on the market go up, Manhattan Associates average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Manhattan Associates will be expected to be much smaller as well. Additionally Manhattan Associates 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. Manhattan Associates Price Density |
| Price |
Predictive Modules for Manhattan Associates
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manhattan Associates. 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.Manhattan Associates Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Manhattan Associates is not an exception. The market had few large corrections towards the Manhattan Associates' 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 Manhattan Associates, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Manhattan Associates within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 11.73 | |
Ir | Information ratio | -0.03 |
Manhattan Associates 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 Manhattan Associates for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Manhattan Associates can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Manhattan Associates generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Manhattan Associates Buy, Sell, or Hold Post Q3 Earnings |
Manhattan Associates 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 Manhattan Stock often depends not only on the future outlook of the current and potential Manhattan Associates' 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. Manhattan Associates' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.6 M | |
| Cash And Short Term Investments | 270.7 M |
Manhattan Associates Technical Analysis
Manhattan Associates' future price can be derived by breaking down and analyzing its technical indicators over time. Manhattan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Manhattan Associates. In general, you should focus on analyzing Manhattan Stock price patterns and their correlations with different microeconomic environments and drivers.
Manhattan Associates Predictive Forecast Models
Manhattan Associates' time-series forecasting models is one of many Manhattan Associates' 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 Manhattan Associates' 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 Manhattan Associates
Checking the ongoing alerts about Manhattan Associates for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Manhattan Associates help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Manhattan Associates generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Manhattan Associates Buy, Sell, or Hold Post Q3 Earnings |
Check out Manhattan Associates Backtesting, Manhattan Associates Valuation, Manhattan Associates Correlation, Manhattan Associates Hype Analysis, Manhattan Associates Volatility, Manhattan Associates History as well as Manhattan Associates Performance. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application Software 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 Manhattan Associates. If investors know Manhattan 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 Manhattan Associates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.52 | Revenue Per Share 16.679 | Quarterly Revenue Growth 0.166 | Return On Assets 0.2555 | Return On Equity 0.8978 |
The market value of Manhattan Associates is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Associates' value that differs from its market value or its book value, called intrinsic value, which is Manhattan Associates' 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 Manhattan Associates' market value can be influenced by many factors that don't directly affect Manhattan Associates' 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 Manhattan Associates' value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Associates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Associates' 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.