Minerals Technologies (Germany) Probability of Future Stock Price Finishing Over 80.85
| MNK Stock | EUR 72.50 1.00 1.36% |
Minerals |
Minerals Technologies Target Price Odds to finish over 80.85
The tendency of Minerals 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 € 80.85 or more in 90 days |
| 72.50 | 90 days | 80.85 | near 1 |
Based on a normal probability distribution, the odds of Minerals Technologies to move over € 80.85 or more in 90 days from now is near 1 (This Minerals Technologies probability density function shows the probability of Minerals Stock to fall within a particular range of prices over 90 days) . Probability of Minerals Technologies price to stay between its current price of € 72.50 and € 80.85 at the end of the 90-day period is about 52.62 .
Assuming the 90 days horizon Minerals Technologies has a beta of -0.4. This indicates as returns on the benchmark increase, returns on holding Minerals Technologies are expected to decrease at a much lower rate. During a bear market, however, Minerals Technologies is likely to outperform the market. Additionally Minerals Technologies has an alpha of 0.1244, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Minerals Technologies Price Density |
| Price |
Predictive Modules for Minerals Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minerals Technologies. 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.Minerals Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minerals Technologies is not an exception. The market had few large corrections towards the Minerals Technologies' 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 Minerals Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minerals Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 2.98 | |
Ir | Information ratio | 0.05 |
Minerals Technologies 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 Minerals Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minerals Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has €928.1 Million in debt which may indicate that it relies heavily on debt financing | |
| Over 99.0% of the company shares are owned by institutional investors |
Minerals Technologies 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 Minerals Stock often depends not only on the future outlook of the current and potential Minerals Technologies' 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. Minerals Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.5 M |
Minerals Technologies Technical Analysis
Minerals Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Minerals Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minerals Technologies. In general, you should focus on analyzing Minerals Stock price patterns and their correlations with different microeconomic environments and drivers.
Minerals Technologies Predictive Forecast Models
Minerals Technologies' time-series forecasting models is one of many Minerals Technologies' 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 Minerals Technologies' 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 Minerals Technologies
Checking the ongoing alerts about Minerals Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minerals Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has €928.1 Million in debt which may indicate that it relies heavily on debt financing | |
| Over 99.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Minerals Stock
When determining whether Minerals Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Minerals Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Minerals Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Minerals Technologies Stock:Check out Minerals Technologies Backtesting, Minerals Technologies Valuation, Minerals Technologies Correlation, Minerals Technologies Hype Analysis, Minerals Technologies Volatility, Minerals Technologies History as well as Minerals Technologies Performance. For more detail on how to invest in Minerals Stock please use our How to Invest in Minerals Technologies guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.