Mecanica Fina (Romania) Probability of Future Stock Price Finishing Under 30.2
| MECE Stock | 21.80 1.00 4.39% |
Mecanica |
Mecanica Fina Target Price Odds to finish below 30.2
The tendency of Mecanica 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 30.20 after 90 days |
| 21.80 | 90 days | 30.20 | close to 99 |
Based on a normal probability distribution, the odds of Mecanica Fina to stay under 30.20 after 90 days from now is close to 99 (This Mecanica Fina SA probability density function shows the probability of Mecanica Stock to fall within a particular range of prices over 90 days) . Probability of Mecanica Fina SA price to stay between its current price of 21.80 and 30.20 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Mecanica Fina SA has a beta of -0.2. This indicates as returns on the benchmark increase, returns on holding Mecanica Fina are expected to decrease at a much lower rate. During a bear market, however, Mecanica Fina SA is likely to outperform the market. Additionally Mecanica Fina SA 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. Mecanica Fina Price Density |
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Predictive Modules for Mecanica Fina
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mecanica Fina SA. 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.Mecanica Fina Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mecanica Fina is not an exception. The market had few large corrections towards the Mecanica Fina'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 Mecanica Fina SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mecanica Fina within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.15 |
Mecanica Fina 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 Mecanica Fina for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mecanica Fina SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mecanica Fina SA generated a negative expected return over the last 90 days |
Mecanica Fina Technical Analysis
Mecanica Fina's future price can be derived by breaking down and analyzing its technical indicators over time. Mecanica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mecanica Fina SA. In general, you should focus on analyzing Mecanica Stock price patterns and their correlations with different microeconomic environments and drivers.
Mecanica Fina Predictive Forecast Models
Mecanica Fina's time-series forecasting models is one of many Mecanica Fina'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 Mecanica Fina'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 Mecanica Fina SA
Checking the ongoing alerts about Mecanica Fina for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mecanica Fina SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mecanica Fina SA generated a negative expected return over the last 90 days |
Other Information on Investing in Mecanica Stock
Mecanica Fina financial ratios help investors to determine whether Mecanica 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 Mecanica with respect to the benefits of owning Mecanica Fina security.