Mehadrin (Israel) Odds of Future Stock Price Finishing Over 16889.4
| MEDN Stock | ILA 14,800 740.00 4.76% |
Mehadrin |
Mehadrin Target Price Odds to finish over 16889.4
The tendency of Mehadrin 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 move over 16,889 or more in 90 days |
| 14,800 | 90 days | 16,889 | roughly 2.78 |
Based on a normal probability distribution, the odds of Mehadrin to move over 16,889 or more in 90 days from now is roughly 2.78 (This Mehadrin probability density function shows the probability of Mehadrin Stock to fall within a particular range of prices over 90 days) . Probability of Mehadrin price to stay between its current price of 14,800 and 16,889 at the end of the 90-day period is about 83.23 .
Assuming the 90 days trading horizon Mehadrin has a beta of -0.43. This indicates as returns on the benchmark increase, returns on holding Mehadrin are expected to decrease at a much lower rate. During a bear market, however, Mehadrin is likely to outperform the market. Additionally Mehadrin has an alpha of 0.1273, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Mehadrin Price Density |
| Price |
Predictive Modules for Mehadrin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mehadrin. 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 Mehadrin'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.
Mehadrin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mehadrin is not an exception. The market had few large corrections towards the Mehadrin'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 Mehadrin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mehadrin within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | -0.43 | |
σ | Overall volatility | 697.78 | |
Ir | Information ratio | 0.03 |
Mehadrin 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 Mehadrin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mehadrin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mehadrin generated a negative expected return over the last 90 days | |
| Mehadrin has accumulated about 77.03 M in cash with (7.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.17. | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders |
Mehadrin Technical Analysis
Mehadrin's future price can be derived by breaking down and analyzing its technical indicators over time. Mehadrin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mehadrin. In general, you should focus on analyzing Mehadrin Stock price patterns and their correlations with different microeconomic environments and drivers.
Mehadrin Predictive Forecast Models
Mehadrin's time-series forecasting models is one of many Mehadrin'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 Mehadrin'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 Mehadrin
Checking the ongoing alerts about Mehadrin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mehadrin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mehadrin generated a negative expected return over the last 90 days | |
| Mehadrin has accumulated about 77.03 M in cash with (7.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.17. | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders |
Check out Mehadrin Backtesting, Mehadrin Valuation, Mehadrin Correlation, Mehadrin Hype Analysis, Mehadrin Volatility, Mehadrin History as well as Mehadrin Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Mehadrin Stock analysis
When running Mehadrin's price analysis, check to measure Mehadrin'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 Mehadrin is operating at the current time. Most of Mehadrin's value examination focuses on studying past and present price action to predict the probability of Mehadrin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mehadrin's price. Additionally, you may evaluate how the addition of Mehadrin to your portfolios can decrease your overall portfolio volatility.
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