MAG SILVER (Germany) Probability of Future Stock Price Finishing Over 13.95
| MQ8 Stock | EUR 13.69 0.06 0.44% |
MAG |
MAG SILVER Target Price Odds to finish over 13.95
The tendency of MAG 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 € 13.95 or more in 90 days |
| 13.69 | 90 days | 13.95 | about 74.3 |
Based on a normal probability distribution, the odds of MAG SILVER to move over € 13.95 or more in 90 days from now is about 74.3 (This MAG SILVER probability density function shows the probability of MAG Stock to fall within a particular range of prices over 90 days) . Probability of MAG SILVER price to stay between its current price of € 13.69 and € 13.95 at the end of the 90-day period is about 7.98 .
Assuming the 90 days trading horizon MAG SILVER has a beta of 0.16. This indicates as returns on the market go up, MAG SILVER average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MAG SILVER will be expected to be much smaller as well. Additionally MAG SILVER has an alpha of 0.0806, implying that it can generate a 0.0806 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MAG SILVER Price Density |
| Price |
Predictive Modules for MAG SILVER
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAG SILVER. 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.MAG SILVER Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAG SILVER is not an exception. The market had few large corrections towards the MAG SILVER'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 MAG SILVER, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAG SILVER within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | 0.03 |
MAG SILVER 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 MAG SILVER for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAG SILVER can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MAG SILVER generates negative cash flow from operations |
MAG SILVER 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 MAG Stock often depends not only on the future outlook of the current and potential MAG SILVER'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. MAG SILVER's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.8 M |
MAG SILVER Technical Analysis
MAG SILVER's future price can be derived by breaking down and analyzing its technical indicators over time. MAG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAG SILVER. In general, you should focus on analyzing MAG Stock price patterns and their correlations with different microeconomic environments and drivers.
MAG SILVER Predictive Forecast Models
MAG SILVER's time-series forecasting models is one of many MAG SILVER'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 MAG SILVER'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 MAG SILVER
Checking the ongoing alerts about MAG SILVER for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAG SILVER help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAG SILVER generates negative cash flow from operations |
Additional Tools for MAG Stock Analysis
When running MAG SILVER's price analysis, check to measure MAG SILVER's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MAG SILVER is operating at the current time. Most of MAG SILVER's value examination focuses on studying past and present price action to predict the probability of MAG SILVER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG SILVER's price. Additionally, you may evaluate how the addition of MAG SILVER to your portfolios can decrease your overall portfolio volatility.