Mold Tek (India) Odds of Future Stock Price Finishing Over 698.55
MOLDTKPAC | 698.55 10.90 1.59% |
Mold |
Mold Tek Target Price Odds to finish over 698.55
The tendency of Mold 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 above the current price in 90 days |
698.55 | 90 days | 698.55 | about 76.36 |
Based on a normal probability distribution, the odds of Mold Tek to move above the current price in 90 days from now is about 76.36 (This Mold Tek Packaging Limited probability density function shows the probability of Mold Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Mold Tek Packaging Limited has a beta of -0.0941. This indicates as returns on the benchmark increase, returns on holding Mold Tek are expected to decrease at a much lower rate. During a bear market, however, Mold Tek Packaging Limited is likely to outperform the market. Additionally Mold Tek Packaging Limited 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. Mold Tek Price Density |
Price |
Predictive Modules for Mold Tek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mold Tek Packaging. 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 Mold Tek'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.
Mold Tek Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mold Tek is not an exception. The market had few large corrections towards the Mold Tek'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 Mold Tek Packaging Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mold Tek within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 44.72 | |
Ir | Information ratio | -0.17 |
Mold Tek 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 Mold Tek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mold Tek Packaging can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Mold Tek Packaging generated a negative expected return over the last 90 days | |
Mold Tek Packaging is unlikely to experience financial distress in the next 2 years | |
About 36.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from news.google.com: Mold-Tek Packaging hits 52-week low, underperforms sector with 6th consecutive day of losses. - MarketsMojo |
Mold Tek 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 Mold Stock often depends not only on the future outlook of the current and potential Mold Tek'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. Mold Tek's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 33.2 M | |
Cash And Short Term Investments | 3.1 M |
Mold Tek Technical Analysis
Mold Tek's future price can be derived by breaking down and analyzing its technical indicators over time. Mold Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mold Tek Packaging Limited. In general, you should focus on analyzing Mold Stock price patterns and their correlations with different microeconomic environments and drivers.
Mold Tek Predictive Forecast Models
Mold Tek's time-series forecasting models is one of many Mold Tek'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 Mold Tek'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 Mold Tek Packaging
Checking the ongoing alerts about Mold Tek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mold Tek Packaging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Mold Tek Packaging generated a negative expected return over the last 90 days | |
Mold Tek Packaging is unlikely to experience financial distress in the next 2 years | |
About 36.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from news.google.com: Mold-Tek Packaging hits 52-week low, underperforms sector with 6th consecutive day of losses. - MarketsMojo |
Additional Tools for Mold Stock Analysis
When running Mold Tek's price analysis, check to measure Mold Tek'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 Mold Tek is operating at the current time. Most of Mold Tek's value examination focuses on studying past and present price action to predict the probability of Mold Tek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mold Tek's price. Additionally, you may evaluate how the addition of Mold Tek to your portfolios can decrease your overall portfolio volatility.