Menif Financial (Israel) Probability of Future Stock Price Finishing Under 1310.43
| MNIF Stock | ILA 1,480 28.47 1.89% |
Menif |
Menif Financial Target Price Odds to finish below 1310.43
The tendency of Menif 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 drop to 1,310 or more in 90 days |
| 1,480 | 90 days | 1,310 | about 48.35 |
Based on a normal probability distribution, the odds of Menif Financial to drop to 1,310 or more in 90 days from now is about 48.35 (This Menif Financial Services probability density function shows the probability of Menif Stock to fall within a particular range of prices over 90 days) . Probability of Menif Financial Services price to stay between 1,310 and its current price of 1480.0 at the end of the 90-day period is about 35.72 .
Assuming the 90 days trading horizon Menif Financial Services has a beta of -0.36. This indicates as returns on the benchmark increase, returns on holding Menif Financial are expected to decrease at a much lower rate. During a bear market, however, Menif Financial Services is likely to outperform the market. Additionally Menif Financial Services has an alpha of 0.4254, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Menif Financial Price Density |
| Price |
Predictive Modules for Menif Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Menif Financial Services. 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.Menif Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Menif Financial is not an exception. The market had few large corrections towards the Menif Financial'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 Menif Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Menif Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 162.89 | |
Ir | Information ratio | 0.13 |
Menif Financial 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 Menif Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Menif Financial Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 70.0% of the company outstanding shares are owned by corporate insiders |
Menif Financial 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 Menif Stock often depends not only on the future outlook of the current and potential Menif Financial'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. Menif Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0887 | |
| Forward Annual Dividend Rate | 0.78 | |
| Shares Float | 28.7 M |
Menif Financial Technical Analysis
Menif Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Menif Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Menif Financial Services. In general, you should focus on analyzing Menif Stock price patterns and their correlations with different microeconomic environments and drivers.
Menif Financial Predictive Forecast Models
Menif Financial's time-series forecasting models is one of many Menif Financial'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 Menif Financial'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 Menif Financial Services
Checking the ongoing alerts about Menif Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Menif Financial Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 70.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Menif Stock
Menif Financial financial ratios help investors to determine whether Menif 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 Menif with respect to the benefits of owning Menif Financial security.