Mistras Group Stock Odds of Future Stock Price Finishing Over 22.36
| MG Stock | USD 9.08 0.16 1.73% |
Mistras |
Mistras Target Price Odds to finish over 22.36
The tendency of Mistras 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 $ 22.36 or more in 90 days |
| 9.08 | 90 days | 22.36 | close to zero percent |
Based on a normal probability distribution, the odds of Mistras to move over $ 22.36 or more in 90 days from now is close to zero percent (This Mistras Group probability density function shows the probability of Mistras Stock to fall within a particular range of prices over 90 days) . Probability of Mistras Group price to stay between its current price of $ 9.08 and $ 22.36 at the end of the 90-day period is about 82.83 .
Allowing for the 90-day total investment horizon Mistras Group has a beta of -0.0947. This indicates as returns on the benchmark increase, returns on holding Mistras are expected to decrease at a much lower rate. During a bear market, however, Mistras Group is likely to outperform the market. Additionally Mistras Group 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. Mistras Price Density |
| Price |
Predictive Modules for Mistras
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mistras Group. 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.Mistras Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mistras is not an exception. The market had few large corrections towards the Mistras' 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 Mistras Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mistras within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.05 |
Mistras 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 Mistras for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mistras Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mistras Group generated a negative expected return over the last 90 days | |
| Mistras Group has high historical volatility and very poor performance | |
| The company generated the yearly revenue of 705.47 M. Annual Net Loss to common stockholders was (17.45 M) with gross profit of 220.81 M. | |
| Mistras Group has a strong financial position based on the latest SEC filings | |
| About 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: MISTRAS Group Appoints Hani Hammad as Chief Operating Officer |
Mistras 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 Mistras Stock often depends not only on the future outlook of the current and potential Mistras' 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. Mistras' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.3 M | |
| Cash And Short Term Investments | 17.6 M |
Mistras Technical Analysis
Mistras' future price can be derived by breaking down and analyzing its technical indicators over time. Mistras Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mistras Group. In general, you should focus on analyzing Mistras Stock price patterns and their correlations with different microeconomic environments and drivers.
Mistras Predictive Forecast Models
Mistras' time-series forecasting models is one of many Mistras' 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 Mistras' 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 Mistras Group
Checking the ongoing alerts about Mistras for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mistras Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mistras Group generated a negative expected return over the last 90 days | |
| Mistras Group has high historical volatility and very poor performance | |
| The company generated the yearly revenue of 705.47 M. Annual Net Loss to common stockholders was (17.45 M) with gross profit of 220.81 M. | |
| Mistras Group has a strong financial position based on the latest SEC filings | |
| About 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: MISTRAS Group Appoints Hani Hammad as Chief Operating Officer |
Check out Mistras Backtesting, Mistras Valuation, Mistras Correlation, Mistras Hype Analysis, Mistras Volatility, Mistras History as well as Mistras Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Research & Consulting Services 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 Mistras. If investors know Mistras 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 Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 19 | Earnings Share 0.35 | Revenue Per Share 23.998 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0467 |
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.