SP Global (Germany) Probability of Future Stock Price Finishing Under 464.14
| MHL Stock | EUR 464.95 5.40 1.15% |
MHL |
SP Global Target Price Odds to finish below 464.14
The tendency of MHL 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 € 464.14 or more in 90 days |
| 464.95 | 90 days | 464.14 | about 27.58 |
Based on a normal probability distribution, the odds of SP Global to drop to € 464.14 or more in 90 days from now is about 27.58 (This SP Global probability density function shows the probability of MHL Stock to fall within a particular range of prices over 90 days) . Probability of SP Global price to stay between € 464.14 and its current price of €464.95 at the end of the 90-day period is about 1.81 .
Assuming the 90 days horizon SP Global has a beta of 0.46. This indicates as returns on the market go up, SP Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SP Global will be expected to be much smaller as well. Additionally SP Global 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. SP Global Price Density |
| Price |
Predictive Modules for SP Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SP Global. 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.SP Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SP Global is not an exception. The market had few large corrections towards the SP Global'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 SP Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SP Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 15.29 | |
Ir | Information ratio | -0.02 |
SP Global 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 SP Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SP Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SP Global generated a negative expected return over the last 90 days | |
| SP Global has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 91.0% of the company shares are owned by institutional investors |
SP Global 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 MHL Stock often depends not only on the future outlook of the current and potential SP Global'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. SP Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 329 M |
SP Global Technical Analysis
SP Global's future price can be derived by breaking down and analyzing its technical indicators over time. MHL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SP Global. In general, you should focus on analyzing MHL Stock price patterns and their correlations with different microeconomic environments and drivers.
SP Global Predictive Forecast Models
SP Global's time-series forecasting models is one of many SP Global'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 SP Global'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 SP Global
Checking the ongoing alerts about SP Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SP Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SP Global generated a negative expected return over the last 90 days | |
| SP Global has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 91.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in MHL Stock
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:Check out SP Global Backtesting, SP Global Valuation, SP Global Correlation, SP Global Hype Analysis, SP Global Volatility, SP Global History as well as SP Global Performance. For more detail on how to invest in MHL Stock please use our How to Invest in SP Global guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.