MAG Interactive (Sweden) Probability of Future Stock Price Finishing Under 4.42
| MAGI Stock | SEK 9.98 0.56 5.94% |
MAG |
MAG Interactive Target Price Odds to finish below 4.42
The tendency of MAG 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 drop to kr 4.42 or more in 90 days |
| 9.98 | 90 days | 4.42 | near 1 |
Based on a normal probability distribution, the odds of MAG Interactive to drop to kr 4.42 or more in 90 days from now is near 1 (This MAG Interactive AB probability density function shows the probability of MAG Stock to fall within a particular range of prices over 90 days) . Probability of MAG Interactive AB price to stay between kr 4.42 and its current price of kr9.98 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon MAG Interactive AB has a beta of -1.54. This indicates as returns on its benchmark rise, returns on holding MAG Interactive AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MAG Interactive is expected to outperform its benchmark. Additionally MAG Interactive AB has an alpha of 0.3558, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MAG Interactive Price Density |
| Price |
Predictive Modules for MAG Interactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAG Interactive AB. 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.MAG Interactive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAG Interactive is not an exception. The market had few large corrections towards the MAG Interactive'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 MAG Interactive AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAG Interactive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -1.54 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | 0.02 |
MAG Interactive 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 MAG Interactive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAG Interactive AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MAG Interactive AB had very high historical volatility over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
MAG Interactive 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 MAG Stock often depends not only on the future outlook of the current and potential MAG Interactive'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. MAG Interactive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.5 M | |
| Cash And Short Term Investments | 125.9 M |
MAG Interactive Technical Analysis
MAG Interactive's future price can be derived by breaking down and analyzing its technical indicators over time. MAG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAG Interactive AB. In general, you should focus on analyzing MAG Stock price patterns and their correlations with different microeconomic environments and drivers.
MAG Interactive Predictive Forecast Models
MAG Interactive's time-series forecasting models is one of many MAG Interactive'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 MAG Interactive'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 MAG Interactive AB
Checking the ongoing alerts about MAG Interactive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAG Interactive AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAG Interactive AB had very high historical volatility over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for MAG Stock Analysis
When running MAG Interactive's price analysis, check to measure MAG Interactive'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 MAG Interactive is operating at the current time. Most of MAG Interactive's value examination focuses on studying past and present price action to predict the probability of MAG Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Interactive's price. Additionally, you may evaluate how the addition of MAG Interactive to your portfolios can decrease your overall portfolio volatility.