Mirgor SA (Argentina) Probability of Future Stock Price Finishing Under 27,273
| MIRG Stock | ARS 27,050 325.00 1.19% |
Mirgor |
Mirgor SA Target Price Odds to finish below 27,273
The tendency of Mirgor 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 below current price in 90 days |
| 27,050 | 90 days | 27,050 | about 78.35 |
Based on a normal probability distribution, the odds of Mirgor SA to move below current price in 90 days from now is about 78.35 (This Mirgor SA probability density function shows the probability of Mirgor Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Mirgor SA has a beta of 0.19. This indicates as returns on the market go up, Mirgor SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mirgor SA will be expected to be much smaller as well. Additionally Mirgor SA has an alpha of 0.3045, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mirgor SA Price Density |
| Price |
Predictive Modules for Mirgor SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mirgor 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.Mirgor SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mirgor SA is not an exception. The market had few large corrections towards the Mirgor SA'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 Mirgor SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mirgor SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 1,546 | |
Ir | Information ratio | 0.18 |
Mirgor SA 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 Mirgor Stock often depends not only on the future outlook of the current and potential Mirgor SA'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. Mirgor SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.2 M |
Mirgor SA Technical Analysis
Mirgor SA's future price can be derived by breaking down and analyzing its technical indicators over time. Mirgor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mirgor SA. In general, you should focus on analyzing Mirgor Stock price patterns and their correlations with different microeconomic environments and drivers.
Mirgor SA Predictive Forecast Models
Mirgor SA's time-series forecasting models is one of many Mirgor SA'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 Mirgor SA'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mirgor SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mirgor SA's short interest history, or implied volatility extrapolated from Mirgor SA options trading.
Other Information on Investing in Mirgor Stock
Mirgor SA financial ratios help investors to determine whether Mirgor 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 Mirgor with respect to the benefits of owning Mirgor SA security.