Mallinckrodt Plc Probability of Future Stock Price Finishing Under 13.76
| MNKDelisted Stock | USD 0.34 0.00 0.00% |
Mallinckrodt |
Mallinckrodt Plc Target Price Odds to finish below 13.76
The tendency of Mallinckrodt 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 $ 13.76 after 90 days |
| 0.34 | 90 days | 13.76 | close to 99 |
Based on a normal probability distribution, the odds of Mallinckrodt Plc to stay under $ 13.76 after 90 days from now is close to 99 (This Mallinckrodt Plc probability density function shows the probability of Mallinckrodt Stock to fall within a particular range of prices over 90 days) . Probability of Mallinckrodt Plc price to stay between its current price of $ 0.34 and $ 13.76 at the end of the 90-day period is about 91.37 .
Considering the 90-day investment horizon Mallinckrodt Plc has a beta of -3.23. This indicates as returns on its benchmark rise, returns on holding Mallinckrodt Plc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mallinckrodt Plc is expected to outperform its benchmark. Additionally Mallinckrodt Plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Mallinckrodt Plc Price Density |
| Price |
Predictive Modules for Mallinckrodt Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mallinckrodt Plc. 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 Mallinckrodt Plc'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.
Mallinckrodt Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mallinckrodt Plc is not an exception. The market had few large corrections towards the Mallinckrodt Plc'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 Mallinckrodt Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mallinckrodt Plc within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.66 | |
β | Beta against NYSE Composite | -3.23 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.03 |
Mallinckrodt Plc 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 Mallinckrodt Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mallinckrodt Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mallinckrodt Plc is not yet fully synchronised with the market data | |
| Mallinckrodt Plc has some characteristics of a very speculative penny stock | |
| Mallinckrodt Plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 2.21 B. Reported Net Loss for the year was (717.4 M) with profit before taxes, overhead, and interest of 610 M. | |
| Over 97.0% of the company shares are owned by institutional investors |
Mallinckrodt Plc 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 Mallinckrodt Stock often depends not only on the future outlook of the current and potential Mallinckrodt Plc'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. Mallinckrodt Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 84.7 M | |
| Cash And Short Term Investments | 409.5 M |
Mallinckrodt Plc Technical Analysis
Mallinckrodt Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Mallinckrodt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mallinckrodt Plc. In general, you should focus on analyzing Mallinckrodt Stock price patterns and their correlations with different microeconomic environments and drivers.
Mallinckrodt Plc Predictive Forecast Models
Mallinckrodt Plc's time-series forecasting models is one of many Mallinckrodt Plc'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 Mallinckrodt Plc'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 Mallinckrodt Plc
Checking the ongoing alerts about Mallinckrodt Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mallinckrodt Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mallinckrodt Plc is not yet fully synchronised with the market data | |
| Mallinckrodt Plc has some characteristics of a very speculative penny stock | |
| Mallinckrodt Plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 2.21 B. Reported Net Loss for the year was (717.4 M) with profit before taxes, overhead, and interest of 610 M. | |
| Over 97.0% of the company shares are owned by institutional investors |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Mallinckrodt Stock
If you are still planning to invest in Mallinckrodt Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mallinckrodt Plc's history and understand the potential risks before investing.
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