Megacable Holdings (Mexico) Probability of Future Stock Price Finishing Over 39.86
| MEGACPO Stock | MXN 36.56 0.75 2.01% |
Megacable |
Megacable Holdings Target Price Odds to finish over 39.86
The tendency of Megacable 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 39.86 or more in 90 days |
| 36.56 | 90 days | 39.86 | about 66.0 |
Based on a normal probability distribution, the odds of Megacable Holdings to move over 39.86 or more in 90 days from now is about 66.0 (This Megacable Holdings S probability density function shows the probability of Megacable Stock to fall within a particular range of prices over 90 days) . Probability of Megacable Holdings price to stay between its current price of 36.56 and 39.86 at the end of the 90-day period is about 33.32 .
Assuming the 90 days trading horizon Megacable Holdings S has a beta of -0.47. This indicates as returns on the benchmark increase, returns on holding Megacable Holdings are expected to decrease at a much lower rate. During a bear market, however, Megacable Holdings S is likely to outperform the market. Additionally Megacable Holdings S has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Megacable Holdings Price Density |
| Price |
Predictive Modules for Megacable Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Megacable Holdings. 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 Megacable Holdings' 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.
Megacable Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Megacable Holdings is not an exception. The market had few large corrections towards the Megacable Holdings' 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 Megacable Holdings S, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Megacable Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | -0.21 |
Megacable Holdings 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 Megacable Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Megacable Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Megacable Holdings generated a negative expected return over the last 90 days | |
| Megacable Holdings S has accumulated 3.46 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Megacable Holdings has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Megacable Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Megacable Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Megacable Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Megacable to invest in growth at high rates of return. When we think about Megacable Holdings' use of debt, we should always consider it together with cash and equity. |
Megacable Holdings 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 Megacable Stock often depends not only on the future outlook of the current and potential Megacable Holdings' 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. Megacable Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 B |
Megacable Holdings Technical Analysis
Megacable Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Megacable Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Megacable Holdings S. In general, you should focus on analyzing Megacable Stock price patterns and their correlations with different microeconomic environments and drivers.
Megacable Holdings Predictive Forecast Models
Megacable Holdings' time-series forecasting models is one of many Megacable Holdings' 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 Megacable Holdings' 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 Megacable Holdings
Checking the ongoing alerts about Megacable Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Megacable Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Megacable Holdings generated a negative expected return over the last 90 days | |
| Megacable Holdings S has accumulated 3.46 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Megacable Holdings has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Megacable Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Megacable Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Megacable Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Megacable to invest in growth at high rates of return. When we think about Megacable Holdings' use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Megacable Stock
Megacable Holdings financial ratios help investors to determine whether Megacable Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Megacable with respect to the benefits of owning Megacable Holdings security.