Mi Homes Stock Odds of Future Stock Price Finishing Over 111.09
| MHO Stock | USD 118.91 2.57 2.21% |
Closest to current price MHO long CALL Option Payoff at Expiration
MHO |
MI Homes Target Price Odds to finish over 111.09
The tendency of MHO 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 $ 111.09 in 90 days |
| 118.91 | 90 days | 111.09 | about 98.0 |
Based on a normal probability distribution, the odds of MI Homes to stay above $ 111.09 in 90 days from now is about 98.0 (This MI Homes probability density function shows the probability of MHO Stock to fall within a particular range of prices over 90 days) . Probability of MI Homes price to stay between $ 111.09 and its current price of $118.91 at the end of the 90-day period is about 21.4 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.76 . 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, MI Homes will likely underperform. Additionally MI Homes has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. MI Homes Price Density |
| Price |
Predictive Modules for MI Homes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MI Homes. 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 MI Homes' 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.
MI Homes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MI Homes is not an exception. The market had few large corrections towards the MI Homes' 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 MI Homes, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MI Homes within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.3 | |
β | Beta against NYSE Composite | 2.76 | |
σ | Overall volatility | 5.49 | |
Ir | Information ratio | -0.09 |
MI Homes 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 MI Homes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MI Homes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MI Homes generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Heres How Much 100 Invested In MI Homes 15 Years Ago Would Be Worth Today |
MI Homes 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 MHO Stock often depends not only on the future outlook of the current and potential MI Homes' 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. MI Homes' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.7 M | |
| Cash And Short Term Investments | 732.8 M |
MI Homes Technical Analysis
MI Homes' future price can be derived by breaking down and analyzing its technical indicators over time. MHO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MI Homes. In general, you should focus on analyzing MHO Stock price patterns and their correlations with different microeconomic environments and drivers.
MI Homes Predictive Forecast Models
MI Homes' time-series forecasting models is one of many MI Homes' 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 MI Homes' 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 MI Homes
Checking the ongoing alerts about MI Homes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MI Homes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MI Homes generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Heres How Much 100 Invested In MI Homes 15 Years Ago Would Be Worth Today |
Check out MI Homes Backtesting, MI Homes Valuation, MI Homes Correlation, MI Homes Hype Analysis, MI Homes Volatility, MI Homes History as well as MI Homes Performance. To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for MHO Stock analysis
When running MI Homes' price analysis, check to measure MI Homes' 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 MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
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Is MI Homes' 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 MI Homes. If investors know MHO 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 MI Homes 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 0.313 | Earnings Share 17.35 | Revenue Per Share 146.322 | Quarterly Revenue Growth 0.046 | Return On Assets 0.0964 |
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' 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 MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' 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 MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' 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.