Melcor Developments Stock Probability of Future Stock Price Finishing Under 12.88
| MRD Stock | CAD 12.88 0.22 1.74% |
Melcor |
Melcor Developments Target Price Odds to finish below 12.88
The tendency of Melcor 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 below current price in 90 days |
| 12.88 | 90 days | 12.88 | about 22.84 |
Based on a normal probability distribution, the odds of Melcor Developments to move below current price in 90 days from now is about 22.84 (This Melcor Developments probability density function shows the probability of Melcor Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Melcor Developments has a beta of 0.0055. This indicates as returns on the market go up, Melcor Developments average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Melcor Developments will be expected to be much smaller as well. Additionally Melcor Developments has an alpha of 0.0693, implying that it can generate a 0.0693 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Melcor Developments Price Density |
| Price |
Predictive Modules for Melcor Developments
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melcor Developments. 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.Melcor Developments Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Melcor Developments is not an exception. The market had few large corrections towards the Melcor Developments' 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 Melcor Developments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melcor Developments within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.04 |
Melcor Developments 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 Melcor Developments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Melcor Developments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Melcor Developments generated a negative expected return over the last 90 days | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: There May Be Reason For Hope In Melcor Developments Disappointing Earnings - Yahoo Finance |
Melcor Developments 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 Melcor Stock often depends not only on the future outlook of the current and potential Melcor Developments' 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. Melcor Developments' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.1 M | |
| Cash And Short Term Investments | 46 M |
Melcor Developments Technical Analysis
Melcor Developments' future price can be derived by breaking down and analyzing its technical indicators over time. Melcor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melcor Developments. In general, you should focus on analyzing Melcor Stock price patterns and their correlations with different microeconomic environments and drivers.
Melcor Developments Predictive Forecast Models
Melcor Developments' time-series forecasting models is one of many Melcor Developments' 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 Melcor Developments' 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 Melcor Developments
Checking the ongoing alerts about Melcor Developments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Melcor Developments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Melcor Developments generated a negative expected return over the last 90 days | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: There May Be Reason For Hope In Melcor Developments Disappointing Earnings - Yahoo Finance |
Other Information on Investing in Melcor Stock
Melcor Developments financial ratios help investors to determine whether Melcor 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 Melcor with respect to the benefits of owning Melcor Developments security.