Megawide Construction (Philippines) Probability of Future Preferred Stock Price Finishing Over 97.52
| MWP6B Preferred Stock | 100.00 1.00 1.01% |
Megawide |
Megawide Construction Target Price Odds to finish over 97.52
The tendency of Megawide Preferred 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 above 97.52 in 90 days |
| 100.00 | 90 days | 97.52 | more than 94.0 |
Based on a normal probability distribution, the odds of Megawide Construction to stay above 97.52 in 90 days from now is more than 94.0 (This Megawide Construction Corp probability density function shows the probability of Megawide Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Megawide Construction price to stay between 97.52 and its current price of 100.0 at the end of the 90-day period is about 34.81 .
Assuming the 90 days trading horizon Megawide Construction has a beta of 0.0934. This indicates as returns on the market go up, Megawide Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Megawide Construction Corp will be expected to be much smaller as well. Additionally Megawide Construction Corp has an alpha of 0.1352, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Megawide Construction Price Density |
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Predictive Modules for Megawide Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Megawide Construction. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Megawide Construction. Your research has to be compared to or analyzed against Megawide Construction's peers to derive any actionable benefits. When done correctly, Megawide Construction's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Megawide Construction.Megawide Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Megawide Construction is not an exception. The market had few large corrections towards the Megawide Construction'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 Megawide Construction Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Megawide Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 1.89 | |
Ir | Information ratio | -0.01 |
Megawide Construction Technical Analysis
Megawide Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Megawide Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Megawide Construction Corp. In general, you should focus on analyzing Megawide Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Megawide Construction Predictive Forecast Models
Megawide Construction's time-series forecasting models is one of many Megawide Construction's preferred 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 Megawide Construction'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 preferred 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 Megawide Construction 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, Megawide Construction's short interest history, or implied volatility extrapolated from Megawide Construction options trading.
Additional Tools for Megawide Preferred Stock Analysis
When running Megawide Construction's price analysis, check to measure Megawide Construction'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 Megawide Construction is operating at the current time. Most of Megawide Construction's value examination focuses on studying past and present price action to predict the probability of Megawide Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Megawide Construction's price. Additionally, you may evaluate how the addition of Megawide Construction to your portfolios can decrease your overall portfolio volatility.