Melco Resorts (Brazil) Probability of Future Stock Price Finishing Over 18.83
| M1LC34 Stock | BRL 18.83 0.00 0.00% |
Melco |
Melco Resorts Target Price Odds to finish over 18.83
The tendency of Melco 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 above the current price in 90 days |
| 18.83 | 90 days | 18.83 | about 17.9 |
Based on a normal probability distribution, the odds of Melco Resorts to move above the current price in 90 days from now is about 17.9 (This Melco Resorts Entertainment probability density function shows the probability of Melco Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.19 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Melco Resorts will likely underperform. Additionally Melco Resorts Entertainment has an alpha of 0.1934, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Melco Resorts Price Density |
| Price |
Predictive Modules for Melco Resorts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melco Resorts Entert. 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.Melco Resorts Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Melco Resorts is not an exception. The market had few large corrections towards the Melco Resorts' 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 Melco Resorts Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Melco Resorts within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.08 |
Melco Resorts 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 Melco Stock often depends not only on the future outlook of the current and potential Melco Resorts' 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. Melco Resorts' indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 1.23k | |
| Average Daily Volume In Three Month | 1.39k |
Melco Resorts Technical Analysis
Melco Resorts' future price can be derived by breaking down and analyzing its technical indicators over time. Melco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Melco Resorts Entertainment. In general, you should focus on analyzing Melco Stock price patterns and their correlations with different microeconomic environments and drivers.
Melco Resorts Predictive Forecast Models
Melco Resorts' time-series forecasting models is one of many Melco Resorts' 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 Melco Resorts' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Melco Resorts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Melco Resorts' short interest history, or implied volatility extrapolated from Melco Resorts options trading.
Additional Information and Resources on Investing in Melco Stock
When determining whether Melco Resorts Entert offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Melco Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Melco Resorts Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Melco Resorts Entertainment Stock:Check out Melco Resorts Backtesting, Melco Resorts Valuation, Melco Resorts Correlation, Melco Resorts Hype Analysis, Melco Resorts Volatility, Melco Resorts History as well as Melco Resorts Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' 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.