Mid America Probability of Target Price Finishing Over 124.82

MAA -- USA Stock  

USD 129.82  1.54  1.20%

Mid America probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mid America Apartment Communiti performance during a given time horizon utilizing its historical volatility. Please specify Mid America time horizon, a valid symbol (red box) and a target price (blue box) you would like Mid America odds to be computed. Please see also Mid America Backtesting, Mid America Valuation, Mid America Correlation, Mid America Hype Analysis, Mid America Volatility, Mid America History as well as Mid America Performance.
Horizon     30 Days    Login   to change
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Mid America Target Price Odds to finish over 124.82

Current PriceHorizonTarget PriceOdds to stay above $ 124.82  in 30 days
 129.82 30 days 124.82 
ABOUT 31.28%
Based on normal probability distribution, the odds of Mid America to stay above $ 124.82  in 30 days from now is about 31.28% (This Mid America Apartment Communiti probability density function shows the probability of Mid America Stock to fall within a particular range of prices over 30 days) . Probability of Mid America Apartment price to stay between $ 124.82  and its current price of $129.82 at the end of the 30-day period is about 26.67%.
Considering 30-days investment horizon, Mid America has beta of 0.5543 indicating as returns on market go up, Mid America average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mid America Apartment Communiti will be expected to be much smaller as well. Additionally The company has an alpha of 0.1172 implying that it can potentially generate 0.1172% excess return over DOW after adjusting for the inherited market risk (beta).
 Mid America Price Density 
      Price 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.55
σ
Overall volatility
=4.18
Ir
Information ratio =0.11

Mid America Alerts and Suggestions

Mid America has accumulated $4.58 Billion in debt which can lead to volatile earnings
The company has 4.58B in debt with debt to equity (D/E) ratio of 72.9 . This implies that the company may be unable to create cash to meet all of its financial commitments. Mid America Apartment has Current Ratio of 0.1 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 95.0% of Mid America shares are owned by institutional investors
Latest headline from technewsobserver.com: Mid-America Apartment Communities Inc to Post Q3 2019 Earnings of 1.56 Per Share, KeyCorp Forecasts - TechNewsObserver

Mid AmericaPrice Density Drivers

Shares Percent Shares Out1.35%
Trailing Annual Dividend Rate3.77
Short Percent Of Float1.84%
Float Shares113.26M
Shares Short Prior Month1.88M
Average Daily Volume Last 10 Day453.7k
Average Daily Volume In Three Month546.41k
Date Short InterestAugust 15, 2019
Trailing Annual Dividend Yield2.97%
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