Magnera Corp Placeholder Stock Probability of Future Stock Price Finishing Under 19.01
| MAGN Stock | 19.01 0.20 1.04% |
Magnera |
Magnera Corp Target Price Odds to finish below 19.01
The tendency of Magnera 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 below current price in 90 days |
| 19.01 | 90 days | 19.01 | about 11.84 |
Based on a normal probability distribution, the odds of Magnera Corp to move below current price in 90 days from now is about 11.84 (This Magnera Corp placeholder probability density function shows the probability of Magnera Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Magnera Corp placeholder has a beta of -0.0459. This indicates as returns on the benchmark increase, returns on holding Magnera Corp are expected to decrease at a much lower rate. During a bear market, however, Magnera Corp placeholder is likely to outperform the market. Additionally Magnera Corp placeholder has an alpha of 0.0232, implying that it can generate a 0.0232 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Magnera Corp Price Density |
| Price |
Predictive Modules for Magnera Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magnera Corp placeholder. 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.Magnera Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magnera Corp is not an exception. The market had few large corrections towards the Magnera Corp'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 Magnera Corp placeholder, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magnera Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | -0.02 |
Magnera Corp 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 Magnera Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magnera Corp placeholder can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Magnera Corp generated a negative expected return over the last 90 days | |
| Magnera Corp has high historical volatility and very poor performance | |
| Magnera Corp placeholder was previously known as Glatfelter and was traded on New York Stock Exchange under the symbol GLT. | |
| Latest headline from gurufocus.com: Vanguard Group Incs Strategic Acquisition of Magnera Corp Shares |
Magnera Corp Technical Analysis
Magnera Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Magnera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magnera Corp placeholder. In general, you should focus on analyzing Magnera Stock price patterns and their correlations with different microeconomic environments and drivers.
Magnera Corp Predictive Forecast Models
Magnera Corp's time-series forecasting models is one of many Magnera Corp'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 Magnera Corp'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 Magnera Corp placeholder
Checking the ongoing alerts about Magnera Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magnera Corp placeholder help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Magnera Corp generated a negative expected return over the last 90 days | |
| Magnera Corp has high historical volatility and very poor performance | |
| Magnera Corp placeholder was previously known as Glatfelter and was traded on New York Stock Exchange under the symbol GLT. | |
| Latest headline from gurufocus.com: Vanguard Group Incs Strategic Acquisition of Magnera Corp Shares |
Check out Magnera Corp Backtesting, Magnera Corp Valuation, Magnera Corp Correlation, Magnera Corp Hype Analysis, Magnera Corp Volatility, Magnera Corp History as well as Magnera Corp Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Business Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnera Corp. If investors know Magnera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnera Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Magnera Corp placeholder is measured differently than its book value, which is the value of Magnera that is recorded on the company's balance sheet. Investors also form their own opinion of Magnera Corp's value that differs from its market value or its book value, called intrinsic value, which is Magnera Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnera Corp's market value can be influenced by many factors that don't directly affect Magnera Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnera Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnera Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnera Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.