Mistras Stock Forecast - Price Action Indicator
| MG Stock | USD 8.95 0.13 1.47% |
Mistras Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mistras stock prices and determine the direction of Mistras Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mistras' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Mistras' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mistras' systematic risk associated with finding meaningful patterns of Mistras fundamentals over time.
Check out Historical Fundamental Analysis of Mistras to cross-verify your projections. Mistras |
Open Interest Against 2024-05-17 Mistras Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Mistras' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Mistras' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Mistras stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Mistras' open interest, investors have to compare it to Mistras' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Mistras is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Mistras. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Mistras cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Mistras' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mistras' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Mistras Volatility | Backtest Mistras | Information Ratio |
Mistras Trading Date Momentum
| On April 26 2024 Mistras Group was traded for 8.95 at the closing time. The highest price during the trading period was 9.14 and the lowest recorded bid was listed for 8.82 . The volume for the day was 16.7 K. This history from April 26, 2024 did not cause price change. The trading delta at closing time to the current price is 1.12% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Mistras to competition |
Other Forecasting Options for Mistras
For every potential investor in Mistras, whether a beginner or expert, Mistras' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mistras Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mistras. Basic forecasting techniques help filter out the noise by identifying Mistras' price trends.Mistras Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mistras stock to make a market-neutral strategy. Peer analysis of Mistras could also be used in its relative valuation, which is a method of valuing Mistras by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mistras Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mistras' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mistras' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mistras Market Strength Events
Market strength indicators help investors to evaluate how Mistras stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mistras shares will generate the highest return on investment. By undertsting and applying Mistras stock market strength indicators, traders can identify Mistras Group entry and exit signals to maximize returns.
| Accumulation Distribution | 585.03 | |||
| Daily Balance Of Power | 0.4063 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 8.98 | |||
| Day Typical Price | 8.97 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.13 |
Mistras Risk Indicators
The analysis of Mistras' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Mistras' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mistras stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.63 | |||
| Semi Deviation | 1.81 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.82 | |||
| Downside Variance | 3.9 | |||
| Semi Variance | 3.26 | |||
| Expected Short fall | (1.85) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Mistras 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, Mistras' short interest history, or implied volatility extrapolated from Mistras options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Mistras to cross-verify your projections. Note that the Mistras Group information on this page should be used as a complementary analysis to other Mistras' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Mistras Stock analysis
When running Mistras' price analysis, check to measure Mistras' 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 Mistras is operating at the current time. Most of Mistras' value examination focuses on studying past and present price action to predict the probability of Mistras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mistras' price. Additionally, you may evaluate how the addition of Mistras to your portfolios can decrease your overall portfolio volatility.
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Is Mistras' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mistras. If investors know Mistras will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.56) | Revenue Per Share 23.26 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0295 |
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mistras' market value can be influenced by many factors that don't directly affect Mistras' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.