Magellan Aerospace Stock Probability of Future Pink Sheet Price Finishing Over 5.85
| MALJF Stock | USD 5.85 0.01 0.17% |
Magellan |
Magellan Aerospace Target Price Odds to finish over 5.85
The tendency of Magellan Pink Sheet 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 |
| 5.85 | 90 days | 5.85 | about 51.9 |
Based on a normal probability distribution, the odds of Magellan Aerospace to move above the current price in 90 days from now is about 51.9 (This Magellan Aerospace probability density function shows the probability of Magellan Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Magellan Aerospace has a beta of -0.25. This indicates as returns on the benchmark increase, returns on holding Magellan Aerospace are expected to decrease at a much lower rate. During a bear market, however, Magellan Aerospace is likely to outperform the market. Additionally Magellan Aerospace has an alpha of 0.0532, implying that it can generate a 0.0532 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Magellan Aerospace Price Density |
| Price |
Predictive Modules for Magellan Aerospace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magellan Aerospace. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Magellan Aerospace'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.
Magellan Aerospace Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magellan Aerospace is not an exception. The market had few large corrections towards the Magellan Aerospace'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 Magellan Aerospace, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magellan Aerospace within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | -0.25 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.0089 |
Magellan Aerospace 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 Magellan Aerospace for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magellan Aerospace can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 688.36 M. Net Loss for the year was (977 K) with profit before overhead, payroll, taxes, and interest of 41.21 M. | |
| About 79.0% of the company outstanding shares are owned by corporate insiders |
Magellan Aerospace 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 Magellan Pink Sheet often depends not only on the future outlook of the current and potential Magellan Aerospace'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. Magellan Aerospace's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.7 M |
Magellan Aerospace Technical Analysis
Magellan Aerospace's future price can be derived by breaking down and analyzing its technical indicators over time. Magellan Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magellan Aerospace. In general, you should focus on analyzing Magellan Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Magellan Aerospace Predictive Forecast Models
Magellan Aerospace's time-series forecasting models is one of many Magellan Aerospace's pink sheet 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 Magellan Aerospace'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Magellan Aerospace
Checking the ongoing alerts about Magellan Aerospace for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magellan Aerospace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 688.36 M. Net Loss for the year was (977 K) with profit before overhead, payroll, taxes, and interest of 41.21 M. | |
| About 79.0% of the company outstanding shares are owned by corporate insiders |
Check out Magellan Aerospace Backtesting, Magellan Aerospace Valuation, Magellan Aerospace Correlation, Magellan Aerospace Hype Analysis, Magellan Aerospace Volatility, Magellan Aerospace History as well as Magellan Aerospace Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Magellan Pink Sheet analysis
When running Magellan Aerospace's price analysis, check to measure Magellan Aerospace'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 Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |