Multichoice Group Stock Today

MCHOY Stock  USD 5.89  0.01  0.17%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
MultiChoice is trading at 5.89 as of the 29th of March 2024; that is -0.17 percent decrease since the beginning of the trading day. The stock's open price was 5.9. MultiChoice has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for MultiChoice Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
MultiChoice Group Limited, through its subsidiaries, operates video-entertainment subscriber platforms in South Africa, rest of Africa, Europe, and internationally. The company was founded in 1995 and is headquartered in Randburg, South Africa. Multichoice operates under Entertainment classification in the United States and is traded on OTC Exchange. The company has 425.51 M outstanding shares. More on MultiChoice Group

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MultiChoice Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MultiChoice's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MultiChoice or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationEntertainment, Communication Services (View all Sectors)
MultiChoice Group [MCHOY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MultiChoice's market, we take the total number of its shares issued and multiply it by MultiChoice's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MultiChoice Group classifies itself under Communication Services sector and is part of Entertainment industry. The entity has 425.51 M outstanding shares. MultiChoice Group has accumulated about 6.15 B in cash with 8.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.47, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check MultiChoice Probability Of Bankruptcy

MultiChoice Stock Price Odds Analysis

Based on a normal probability distribution, the odds of MultiChoice jumping above the current price in 90 days from now is about 9.22%. The MultiChoice Group probability density function shows the probability of MultiChoice pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.2356. 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, MultiChoice will likely underperform. Additionally, multiChoice Group has an alpha of 0.4972, implying that it can generate a 0.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 5.89HorizonTargetOdds Above 5.89
90.73%90 days
 5.89 
9.22%
Based on a normal probability distribution, the odds of MultiChoice to move above the current price in 90 days from now is about 9.22 (This MultiChoice Group probability density function shows the probability of MultiChoice Pink Sheet to fall within a particular range of prices over 90 days) .

MultiChoice Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MultiChoice market risk premium is the additional return an investor will receive from holding MultiChoice long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MultiChoice. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MultiChoice's alpha and beta are two of the key measurements used to evaluate MultiChoice's performance over the market, the standard measures of volatility play an important role as well.

MultiChoice Stock Against Markets

Picking the right benchmark for MultiChoice pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MultiChoice pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MultiChoice is critical whether you are bullish or bearish towards MultiChoice Group at a given time. Please also check how MultiChoice's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MultiChoice without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MultiChoice Corporate Management

Elected by the shareholders, the MultiChoice's board of directors comprises two types of representatives: MultiChoice inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MultiChoice. The board's role is to monitor MultiChoice's management team and ensure that shareholders' interests are well served. MultiChoice's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MultiChoice's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy MultiChoice Pink Sheet?

Before investing in MultiChoice, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MultiChoice. To buy MultiChoice stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MultiChoice. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MultiChoice stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MultiChoice Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MultiChoice Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MultiChoice Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in MultiChoice Group?

The danger of trading MultiChoice Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MultiChoice is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MultiChoice. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MultiChoice Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MultiChoice Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for MultiChoice Pink Sheet analysis

When running MultiChoice's price analysis, check to measure MultiChoice'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 MultiChoice is operating at the current time. Most of MultiChoice's value examination focuses on studying past and present price action to predict the probability of MultiChoice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MultiChoice's price. Additionally, you may evaluate how the addition of MultiChoice to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MultiChoice's value and its price as these two are different measures arrived at by different means. Investors typically determine if MultiChoice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MultiChoice's 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.