Mitie Group (Germany) Price Prediction

MTO Stock  EUR 1,346  6.50  0.48%   
As of 19th of June 2024, the value of RSI of Mitie Group's share price is approaching 48. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Mitie Group, making its price go up or down.

Oversold Vs Overbought

48

 
Oversold
 
Overbought
The successful prediction of Mitie Group's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Mitie Group and does not consider all of the tangible or intangible factors available from Mitie Group's fundamental data. We analyze noise-free headlines and recent hype associated with Mitie Group PLC, which may create opportunities for some arbitrage if properly timed.
Using Mitie Group hype-based prediction, you can estimate the value of Mitie Group PLC from the perspective of Mitie Group response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Mitie Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Mitie because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Mitie Group after-hype prediction price

    
  EUR 1346.5  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Mitie Group Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitie Group'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.
Intrinsic
Valuation
LowRealHigh
1,2121,4051,408
Details
Naive
Forecast
LowNextHigh
1,4511,4541,457
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,3341,3521,371
Details

Mitie Group After-Hype Price Prediction Density Analysis

As far as predicting the price of Mitie Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Mitie Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Mitie Group, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Mitie Group Estimiated After-Hype Price Volatility

In the context of predicting Mitie Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mitie Group's historical news coverage. Mitie Group's after-hype downside and upside margins for the prediction period are 1,344 and 1,350, respectively. We have considered Mitie Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1,346
1,346
After-hype Price
1,350
Upside
Mitie Group is very steady at this time. Analysis and calculation of next after-hype price of Mitie Group PLC is based on 3 months time horizon.

Mitie Group Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Mitie Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mitie Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Mitie Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
3.00
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1,346
1,346
0.00 
0.00  
Notes

Mitie Group Hype Timeline

Mitie Group PLC is now traded for 1,346on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Mitie is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.24%. %. The volatility of related hype on Mitie Group is about 0.0%, with the expected price after the next announcement by competition of 1,346. About 97.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.89. Mitie Group PLC recorded earning per share (EPS) of 35.6. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be uncertain.
Check out Mitie Group Basic Forecasting Models to cross-verify your projections.

Mitie Group Related Hype Analysis

Having access to credible news sources related to Mitie Group's direct competition is more important than ever and may enhance your ability to predict Mitie Group's future price movements. Getting to know how Mitie Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Mitie Group may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
8SPSuperior Plus Corp 0.00 0 per month 0.00 (0.07) 1.65 (1.61) 5.23 
2DGSIVERS SEMICONDUCTORS AB 0.00 0 per month 5.49  0.08  13.04 (7.55) 47.58 
TM9NorAm Drilling AS 0.00 0 per month 4.12  0.03  7.02 (5.75) 25.64 
DDNDarden Restaurants 0.00 0 per month 0.00 (0.18) 1.75 (2.47) 4.93 
VUSAVanguard Funds Public 0.00 0 per month 0.32  0.18  1.15 (0.83) 2.61 
B7X1ENSURGE MICROPOW NK 0.00 0 per month 9.48  0.14  36.36 (21.43) 408.60 
HYEAHyster Yale Materials Handling 0.00 0 per month 1.96  0.13  3.64 (3.08) 25.34 
5AMHastings Technology Metals 0.00 0 per month 0.00 (0.09) 16.67 (18.75) 48.75 
MELMeli Hotels International 0.00 0 per month 1.58  0.08  3.14 (2.96) 7.10 
HEIHeidelbergCement AG 0.00 0 per month 1.24  0.08  2.68 (2.05) 6.92 

Mitie Group Additional Predictive Modules

Most predictive techniques to examine Mitie price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mitie using various technical indicators. When you analyze Mitie charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mitie Group Predictive Indicators

The successful prediction of Mitie Group stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Mitie Group PLC, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Mitie Group based on analysis of Mitie Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Mitie Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Mitie Group's related companies.

Story Coverage note for Mitie Group

The number of cover stories for Mitie Group depends on current market conditions and Mitie Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mitie Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Mitie Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Mitie Group Short Properties

Mitie Group's future price predictability will typically decrease when Mitie Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mitie Group PLC often depends not only on the future outlook of the potential Mitie Group'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. Mitie Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding22.1 M

Complementary Tools for Mitie Stock analysis

When running Mitie Group's price analysis, check to measure Mitie Group'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 Mitie Group is operating at the current time. Most of Mitie Group's value examination focuses on studying past and present price action to predict the probability of Mitie Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitie Group's price. Additionally, you may evaluate how the addition of Mitie Group to your portfolios can decrease your overall portfolio volatility.
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