Middlesex Water Stock Probability of Future Stock Price Finishing Under 54.28
| MSEX Stock | USD 52.88 0.78 1.45% |
Middlesex |
Middlesex Water Target Price Odds to finish below 54.28
The tendency of Middlesex 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 stay under $ 54.28 after 90 days |
| 52.88 | 90 days | 54.28 | near 1 |
Based on a normal probability distribution, the odds of Middlesex Water to stay under $ 54.28 after 90 days from now is near 1 (This Middlesex Water probability density function shows the probability of Middlesex Stock to fall within a particular range of prices over 90 days) . Probability of Middlesex Water price to stay between its current price of $ 52.88 and $ 54.28 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Middlesex Water has a beta of 0.29. This indicates as returns on the market go up, Middlesex Water average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Middlesex Water will be expected to be much smaller as well. Additionally Middlesex Water has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Middlesex Water Price Density |
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Predictive Modules for Middlesex Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Middlesex Water. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Middlesex Water's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Middlesex Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Middlesex Water is not an exception. The market had few large corrections towards the Middlesex Water'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 Middlesex Water, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Middlesex Water within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 3.69 | |
Ir | Information ratio | -0.17 |
Middlesex Water 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 Middlesex Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Middlesex Water can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Middlesex Water generated a negative expected return over the last 90 days | |
| Middlesex Water currently holds 412.31 M in liabilities with Debt to Equity (D/E) ratio of 0.89, which is about average as compared to similar companies. Middlesex Water has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Middlesex Water's use of debt, we should always consider it together with its cash and equity. | |
| Over 80.0% of Middlesex Water shares are owned by institutional investors | |
| On 2nd of December 2024 Middlesex Water paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Middlesex Water Companys Dismal Stock Performance Reflects Weak Fundamentals |
Middlesex Water 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 Middlesex Stock often depends not only on the future outlook of the current and potential Middlesex Water'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. Middlesex Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.8 M | |
| Cash And Short Term Investments | 2.4 M |
Middlesex Water Technical Analysis
Middlesex Water's future price can be derived by breaking down and analyzing its technical indicators over time. Middlesex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Middlesex Water. In general, you should focus on analyzing Middlesex Stock price patterns and their correlations with different microeconomic environments and drivers.
Middlesex Water Predictive Forecast Models
Middlesex Water's time-series forecasting models is one of many Middlesex Water'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 Middlesex Water'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 Middlesex Water
Checking the ongoing alerts about Middlesex Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Middlesex Water help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Middlesex Water generated a negative expected return over the last 90 days | |
| Middlesex Water currently holds 412.31 M in liabilities with Debt to Equity (D/E) ratio of 0.89, which is about average as compared to similar companies. Middlesex Water has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Middlesex Water's use of debt, we should always consider it together with its cash and equity. | |
| Over 80.0% of Middlesex Water shares are owned by institutional investors | |
| On 2nd of December 2024 Middlesex Water paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Middlesex Water Companys Dismal Stock Performance Reflects Weak Fundamentals |
Additional Tools for Middlesex Stock Analysis
When running Middlesex Water's price analysis, check to measure Middlesex Water'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 Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.