Multiplan Stock Probability of Future Stock Price Finishing Over 36.24
| MPLN Stock | USD 14.21 1.26 9.73% |
Closest to current price MultiPlan long PUT Option Payoff at Expiration
MultiPlan |
MultiPlan Target Price Odds to finish over 36.24
The tendency of MultiPlan 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 $ 36.24 or more in 90 days |
| 14.21 | 90 days | 36.24 | close to zero percent |
Based on a normal probability distribution, the odds of MultiPlan to move over $ 36.24 or more in 90 days from now is close to zero percent (This MultiPlan probability density function shows the probability of MultiPlan Stock to fall within a particular range of prices over 90 days) . Probability of MultiPlan price to stay between its current price of $ 14.21 and $ 36.24 at the end of the 90-day period is about 1.66 .
Given the investment horizon of 90 days MultiPlan has a beta of 0.96. This indicates MultiPlan market returns are highly reactive to returns on the market. As the market goes up or down, MultiPlan is expected to follow. Moreover MultiPlan has an alpha of 1.5906, implying that it can generate a 1.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MultiPlan Price Density |
| Price |
Predictive Modules for MultiPlan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MultiPlan. 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.MultiPlan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MultiPlan is not an exception. The market had few large corrections towards the MultiPlan'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 MultiPlan, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MultiPlan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.59 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 2.46 | |
Ir | Information ratio | 0.11 |
MultiPlan 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 MultiPlan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MultiPlan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MultiPlan is way too risky over 90 days horizon | |
| MultiPlan appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 961.52 M. Net Loss for the year was (91.7 M) with profit before overhead, payroll, taxes, and interest of 875.62 M. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: MultiPlan Announces Commencement of Exchange Offers and Consent Solicitations for Outstanding Notes |
MultiPlan 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 MultiPlan Stock often depends not only on the future outlook of the current and potential MultiPlan'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. MultiPlan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 645.1 M | |
| Cash And Short Term Investments | 71.5 M |
MultiPlan Technical Analysis
MultiPlan's future price can be derived by breaking down and analyzing its technical indicators over time. MultiPlan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MultiPlan. In general, you should focus on analyzing MultiPlan Stock price patterns and their correlations with different microeconomic environments and drivers.
MultiPlan Predictive Forecast Models
MultiPlan's time-series forecasting models is one of many MultiPlan'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 MultiPlan'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 MultiPlan
Checking the ongoing alerts about MultiPlan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MultiPlan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MultiPlan is way too risky over 90 days horizon | |
| MultiPlan appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 961.52 M. Net Loss for the year was (91.7 M) with profit before overhead, payroll, taxes, and interest of 875.62 M. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: MultiPlan Announces Commencement of Exchange Offers and Consent Solicitations for Outstanding Notes |
Check out MultiPlan Backtesting, MultiPlan Valuation, MultiPlan Correlation, MultiPlan Hype Analysis, MultiPlan Volatility, MultiPlan History as well as MultiPlan Performance. To learn how to invest in MultiPlan Stock, please use our How to Invest in MultiPlan guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MultiPlan. If investors know MultiPlan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MultiPlan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (95.28) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets |
The market value of MultiPlan is measured differently than its book value, which is the value of MultiPlan that is recorded on the company's balance sheet. Investors also form their own opinion of MultiPlan's value that differs from its market value or its book value, called intrinsic value, which is MultiPlan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MultiPlan's market value can be influenced by many factors that don't directly affect MultiPlan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MultiPlan's value and its price as these two are different measures arrived at by different means. Investors typically determine if MultiPlan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MultiPlan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.