Ming Shing Group Stock Probability of Future Stock Price Finishing Over 32.78
| MSW Stock | USD 4.17 0.17 3.92% |
Ming |
Ming Shing Target Price Odds to finish over 32.78
The tendency of Ming 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 $ 32.78 or more in 90 days |
| 4.17 | 90 days | 32.78 | close to zero percent |
Based on a normal probability distribution, the odds of Ming Shing to move over $ 32.78 or more in 90 days from now is close to zero percent (This Ming Shing Group probability density function shows the probability of Ming Stock to fall within a particular range of prices over 90 days) . Probability of Ming Shing Group price to stay between its current price of $ 4.17 and $ 32.78 at the end of the 90-day period is about 99.0 .
Considering the 90-day investment horizon Ming Shing Group has a beta of -0.25. This indicates as returns on the benchmark increase, returns on holding Ming Shing are expected to decrease at a much lower rate. During a bear market, however, Ming Shing Group is likely to outperform the market. Additionally Ming Shing Group 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. Ming Shing Price Density |
| Price |
Predictive Modules for Ming Shing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ming Shing Group. 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 Ming Shing'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.
Ming Shing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ming Shing is not an exception. The market had few large corrections towards the Ming Shing'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 Ming Shing Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ming Shing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.05 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.12 |
Ming Shing 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 Ming Shing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ming Shing Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ming Shing Group generated a negative expected return over the last 90 days | |
| Ming Shing Group has high historical volatility and very poor performance | |
| Ming Shing Group has 3.82 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Ming Shing Group has a current ratio of 0.48, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ming to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 27.57 M. Reported Net Loss for the year was (10.76 M) with profit before taxes, overhead, and interest of 0. | |
| Ming Shing Group has a poor financial position based on the latest SEC disclosures | |
| About 84.0% of Ming Shing outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Ming Shing Group Holdings Limited Announces Addition to Board of Directors |
Ming Shing 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 Ming Stock often depends not only on the future outlook of the current and potential Ming Shing'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. Ming Shing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.8 M |
Ming Shing Technical Analysis
Ming Shing's future price can be derived by breaking down and analyzing its technical indicators over time. Ming Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ming Shing Group. In general, you should focus on analyzing Ming Stock price patterns and their correlations with different microeconomic environments and drivers.
Ming Shing Predictive Forecast Models
Ming Shing's time-series forecasting models is one of many Ming Shing'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 Ming Shing'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 Ming Shing Group
Checking the ongoing alerts about Ming Shing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ming Shing Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ming Shing Group generated a negative expected return over the last 90 days | |
| Ming Shing Group has high historical volatility and very poor performance | |
| Ming Shing Group has 3.82 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Ming Shing Group has a current ratio of 0.48, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ming to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 27.57 M. Reported Net Loss for the year was (10.76 M) with profit before taxes, overhead, and interest of 0. | |
| Ming Shing Group has a poor financial position based on the latest SEC disclosures | |
| About 84.0% of Ming Shing outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Ming Shing Group Holdings Limited Announces Addition to Board of Directors |
Additional Tools for Ming Stock Analysis
When running Ming Shing's price analysis, check to measure Ming Shing'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 Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.