Mitsui Mining (Germany) Probability of Future Stock Price Finishing Over 27.92
| MMG Stock | EUR 29.00 0.40 1.40% |
Mitsui |
Mitsui Mining Target Price Odds to finish over 27.92
The tendency of Mitsui 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 € 27.92 in 90 days |
| 29.00 | 90 days | 27.92 | under 95 |
Based on a normal probability distribution, the odds of Mitsui Mining to stay above € 27.92 in 90 days from now is under 95 (This Mitsui Mining Smelting probability density function shows the probability of Mitsui Stock to fall within a particular range of prices over 90 days) . Probability of Mitsui Mining Smelting price to stay between € 27.92 and its current price of €29.0 at the end of the 90-day period is about 26.66 .
Assuming the 90 days horizon Mitsui Mining Smelting has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding Mitsui Mining are expected to decrease at a much lower rate. During a bear market, however, Mitsui Mining Smelting is likely to outperform the market. Additionally Mitsui Mining Smelting 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. Mitsui Mining Price Density |
| Price |
Predictive Modules for Mitsui 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 Mitsui Mining Smelting. 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.Mitsui Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mitsui Mining is not an exception. The market had few large corrections towards the Mitsui 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 Mitsui Mining Smelting, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mitsui Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.08 |
Mitsui 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 Mitsui Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mitsui Mining Smelting can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mitsui Mining generated a negative expected return over the last 90 days | |
| Mitsui Mining has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Mitsui 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 Mitsui Stock often depends not only on the future outlook of the current and potential Mitsui 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. Mitsui Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.1 M |
Mitsui Mining Technical Analysis
Mitsui Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Mitsui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mitsui Mining Smelting. In general, you should focus on analyzing Mitsui Stock price patterns and their correlations with different microeconomic environments and drivers.
Mitsui Mining Predictive Forecast Models
Mitsui Mining's time-series forecasting models is one of many Mitsui 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 Mitsui 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 Mitsui Mining Smelting
Checking the ongoing alerts about Mitsui Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mitsui Mining Smelting help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mitsui Mining generated a negative expected return over the last 90 days | |
| Mitsui Mining has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in Mitsui Stock
Mitsui Mining financial ratios help investors to determine whether Mitsui 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 Mitsui with respect to the benefits of owning Mitsui Mining security.