Magellan Health Probability of Future Stock Price Finishing Over 80.51

Magellan Health's future price is the expected price of Magellan Health instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Magellan Health performance during a given time horizon utilizing its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
  
Please specify Magellan Health's target price for which you would like Magellan Health odds to be computed.

Magellan Health 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 Magellan Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magellan Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Magellan Health is not yet fully synchronised with the market data
Magellan Health has some characteristics of a very speculative penny stock
Magellan Health has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 4.82 B. Net Loss for the year was (7.8 M) with profit before overhead, payroll, taxes, and interest of 120.79 M.
Over 98.0% of the company shares are owned by institutional investors

Magellan Health 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 Magellan Stock often depends not only on the future outlook of the current and potential Magellan Health'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. Magellan Health's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out4.40%
Short Percent Of Float5.71%
Float Shares23.55M
Shares Short Prior Month1.53M
Average Daily Volume Last 10 Day189.55k
Average Daily Volume In Three Month138.47k
Date Short Interest15th of December 2021

Magellan Health Technical Analysis

Magellan Health's future price can be derived by breaking down and analyzing its technical indicators over time. Magellan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magellan Health. In general, you should focus on analyzing Magellan Stock price patterns and their correlations with different microeconomic environments and drivers.

Magellan Health Predictive Forecast Models

Magellan Health's time-series forecasting models is one of many Magellan Health'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 Magellan Health'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 Magellan Health

Checking the ongoing alerts about Magellan Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magellan Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Magellan Health is not yet fully synchronised with the market data
Magellan Health has some characteristics of a very speculative penny stock
Magellan Health has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 4.82 B. Net Loss for the year was (7.8 M) with profit before overhead, payroll, taxes, and interest of 120.79 M.
Over 98.0% of the company shares are owned by institutional investors
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Magellan Stock

If you are still planning to invest in Magellan Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Health's history and understand the potential risks before investing.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
CEOs Directory
Screen CEOs from public companies around the world
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Equity Valuation
Check real value of public entities based on technical and fundamental data