MC Mining (South Africa) Probability of Future Stock Price Finishing Under 140.0
| MCZ Stock | 145.00 1.00 0.69% |
MCZ |
MC Mining Target Price Odds to finish below 140.0
The tendency of MCZ 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 drop to 140.00 or more in 90 days |
| 145.00 | 90 days | 140.00 | about 6.78 |
Based on a normal probability distribution, the odds of MC Mining to drop to 140.00 or more in 90 days from now is about 6.78 (This MC Mining probability density function shows the probability of MCZ Stock to fall within a particular range of prices over 90 days) . Probability of MC Mining price to stay between 140.00 and its current price of 145.0 at the end of the 90-day period is nearly 4.5 .
Assuming the 90 days trading horizon MC Mining has a beta of 0.11. This indicates as returns on the market go up, MC Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MC Mining will be expected to be much smaller as well. Additionally MC Mining 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. MC Mining Price Density |
| Price |
Predictive Modules for MC Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MC Mining. 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.MC Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MC Mining is not an exception. The market had few large corrections towards the MC Mining'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 MC Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MC Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 17.88 | |
Ir | Information ratio | -0.14 |
MC Mining 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 MC Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MC Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MC Mining generated a negative expected return over the last 90 days | |
| MC Mining has high historical volatility and very poor performance | |
| The company reported the revenue of 23.51 M. Net Loss for the year was (20.73 M) with profit before overhead, payroll, taxes, and interest of 2.51 M. | |
| MC Mining generates negative cash flow from operations | |
| About 52.0% of the company outstanding shares are owned by corporate insiders |
MC Mining 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 MCZ Stock often depends not only on the future outlook of the current and potential MC Mining'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. MC Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 197.7 M |
MC Mining Technical Analysis
MC Mining's future price can be derived by breaking down and analyzing its technical indicators over time. MCZ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MC Mining. In general, you should focus on analyzing MCZ Stock price patterns and their correlations with different microeconomic environments and drivers.
MC Mining Predictive Forecast Models
MC Mining's time-series forecasting models is one of many MC Mining'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 MC Mining'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 MC Mining
Checking the ongoing alerts about MC Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MC Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MC Mining generated a negative expected return over the last 90 days | |
| MC Mining has high historical volatility and very poor performance | |
| The company reported the revenue of 23.51 M. Net Loss for the year was (20.73 M) with profit before overhead, payroll, taxes, and interest of 2.51 M. | |
| MC Mining generates negative cash flow from operations | |
| About 52.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MCZ Stock
MC Mining financial ratios help investors to determine whether MCZ 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 MCZ with respect to the benefits of owning MC Mining security.