Mdu Resources Group Stock Probability of Future Stock Price Finishing Over 24.38
| MDU Stock | USD 24.70 0.30 1.20% |
Closest to current price MDU long CALL Option Payoff at Expiration
MDU |
MDU Resources Target Price Odds to finish over 24.38
The tendency of MDU 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 stay above $ 24.38 in 90 days |
| 24.70 | 90 days | 24.38 | about 16.24 |
Based on a normal probability distribution, the odds of MDU Resources to stay above $ 24.38 in 90 days from now is about 16.24 (This MDU Resources Group probability density function shows the probability of MDU Stock to fall within a particular range of prices over 90 days) . Probability of MDU Resources Group price to stay between $ 24.38 and its current price of $24.7 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon the stock has the beta coefficient of 1.26 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MDU Resources will likely underperform. Additionally MDU Resources Group has an alpha of 0.3068, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). MDU Resources Price Density |
| Price |
Predictive Modules for MDU Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MDU Resources Group. 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 MDU Resources' 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.
MDU Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MDU Resources is not an exception. The market had few large corrections towards the MDU Resources' 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 MDU Resources Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MDU Resources within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.31 | |
β | Beta against NYSE Composite | 1.26 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | 0.26 |
MDU Resources 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 MDU Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MDU Resources Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 73.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 MDU Resources paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Whats Driving 3M Cos Surprising 17 percent Stock Rally |
MDU Resources 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 MDU Stock often depends not only on the future outlook of the current and potential MDU Resources' 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. MDU Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 203.9 M | |
| Cash And Short Term Investments | 48.9 M |
MDU Resources Technical Analysis
MDU Resources' future price can be derived by breaking down and analyzing its technical indicators over time. MDU Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MDU Resources Group. In general, you should focus on analyzing MDU Stock price patterns and their correlations with different microeconomic environments and drivers.
MDU Resources Predictive Forecast Models
MDU Resources' time-series forecasting models is one of many MDU Resources' 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 MDU Resources' 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 MDU Resources Group
Checking the ongoing alerts about MDU Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MDU Resources Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 73.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 MDU Resources paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Whats Driving 3M Cos Surprising 17 percent Stock Rally |
Check out MDU Resources Backtesting, MDU Resources Valuation, MDU Resources Correlation, MDU Resources Hype Analysis, MDU Resources Volatility, MDU Resources History as well as MDU Resources Performance. Note that the MDU Resources Group information on this page should be used as a complementary analysis to other MDU Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for MDU Stock analysis
When running MDU Resources' price analysis, check to measure MDU Resources' 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 MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.
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Is MDU Resources' industry 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 MDU Resources. If investors know MDU 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 MDU Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.46 | Dividend Share 0.695 | Earnings Share 2.36 | Revenue Per Share 22.87 | Quarterly Revenue Growth (0.14) |
The market value of MDU Resources Group is measured differently than its book value, which is the value of MDU that is recorded on the company's balance sheet. Investors also form their own opinion of MDU Resources' value that differs from its market value or its book value, called intrinsic value, which is MDU Resources' 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 MDU Resources' market value can be influenced by many factors that don't directly affect MDU Resources' 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 MDU Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MDU Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDU Resources' 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.