MG Credit (UK) Probability of Future Stock Price Finishing Over 86.09
| MGCI Stock | 96.00 0.90 0.93% |
MGCI |
MG Credit Target Price Odds to finish over 86.09
The tendency of MGCI 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 86.09 in 90 days |
| 96.00 | 90 days | 86.09 | close to 99 |
Based on a normal probability distribution, the odds of MG Credit to stay above 86.09 in 90 days from now is close to 99 (This MG Credit Income probability density function shows the probability of MGCI Stock to fall within a particular range of prices over 90 days) . Probability of MG Credit Income price to stay between 86.09 and its current price of 96.0 at the end of the 90-day period is about 57.69 .
Assuming the 90 days trading horizon MG Credit has a beta of 0.066. This indicates as returns on the market go up, MG Credit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MG Credit Income will be expected to be much smaller as well. Additionally MG Credit Income has an alpha of 0.01, implying that it can generate a 0.00999 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MG Credit Price Density |
| Price |
Predictive Modules for MG Credit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MG Credit Income. 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.MG Credit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MG Credit is not an exception. The market had few large corrections towards the MG Credit'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 MG Credit Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MG Credit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | -0.0055 |
MG Credit 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 MG Credit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MG Credit Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MG Credit Income is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 MG Credit paid 0.0214 per share dividend to its current shareholders | |
| Latest headline from news.google.com: MG Credit Income Investment Trust Expands Equity to Meet Demand - TipRanks |
MG Credit 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 MGCI Stock often depends not only on the future outlook of the current and potential MG Credit'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. MG Credit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 141.8 M | |
| Dividends Paid | 11.7 M | |
| Cash And Short Term Investments | 2.8 M |
MG Credit Technical Analysis
MG Credit's future price can be derived by breaking down and analyzing its technical indicators over time. MGCI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MG Credit Income. In general, you should focus on analyzing MGCI Stock price patterns and their correlations with different microeconomic environments and drivers.
MG Credit Predictive Forecast Models
MG Credit's time-series forecasting models is one of many MG Credit'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 MG Credit'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 MG Credit Income
Checking the ongoing alerts about MG Credit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MG Credit Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MG Credit Income is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 MG Credit paid 0.0214 per share dividend to its current shareholders | |
| Latest headline from news.google.com: MG Credit Income Investment Trust Expands Equity to Meet Demand - TipRanks |
Additional Tools for MGCI Stock Analysis
When running MG Credit's price analysis, check to measure MG Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MG Credit is operating at the current time. Most of MG Credit's value examination focuses on studying past and present price action to predict the probability of MG Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MG Credit's price. Additionally, you may evaluate how the addition of MG Credit to your portfolios can decrease your overall portfolio volatility.