mastercard stock (NYSE:MA) is down 7.2% over the past week, outperforming the S&P 500 (down 6.1%). Furthermore, a similar trend was observed in the last ten days (-13% vs -11%) and one month period (-7.5% vs -6.6%). In particular, record-high inflation, the Russia-Ukraine crisis and aggressive interest rate hikes by the Fed have increased the chances of the economy slipping into recession, prompting a recent stock market recovery.
The company, a leading global payment solutions provider, exceeded consensus estimates in the first quarter of 2022. Its net revenue grew 24% year over year to $5.2 billion, primarily driven by a 17% increase in gross-dollar volume, followed by a 53% increase in cross-border volume, and the number of switched transactions. 22% increase. In addition, there was a favorable reduction in operating expenses as a % of revenue. This translated into a 44% increase in net income to $2.6 billion, along with an increase in the top line. That said, the firm is heavily dependent on the level of consumer spending. Record-high consumer inflation and the Federal Reserve’s tough stance on interest rates are likely to hurt consumer spending levels.
Now, MasterCard is
we guess MasterCard Evaluation About $407 per share, which is 31% higher than the current market price.
Twenty one day: MA -7.5%, versus S&P 500 -6.6%; underperforming market
(5% chance event; 80% increase chance over the next 21 days)
- mastercard stock 7.5% lost Over the past twenty one trading days (one month), a decrease of 6.6% compared to the broader market (S&P500)
- A change of -7.5% or more in twenty-one trading days is a 5% probability event, having occurred 127 times out of 2515 in the past ten years.
- Out of these 127 instances, the stock has seen positive momentum on 101 occasions over the next twenty-one trading days.
- This points to an 80% probability of the stock rising over the next twenty-one trading days.
Day ten: MA-13%, versus the S&P 500-11%; underperforming market
(1% chance event; 58% increase chance over the next 10 days)
- mastercard stock 13% decrease In the last ten trading days (two weeks), 11% decline compared to the broader market (S&P500)
- A change of -13% or more in ten trading days is a 1% probability event, having happened 33 times out of 2516 in the past ten years.
- Out of these 33 examples, the stock has seen positive momentum on 19 occasions over the next ten trading days
- This 58. points to% Probability of the stock to rise in the next 10 trading days
Day Five: MA -7.2%, versus the S&P 500 -6.1%; underperforming market
(3% chance event; 65% chance of increase over the next five days)
- mastercard stock drop of 7.2% The broader market (S&P500) improved by 6.1% in the five-day trading period ending 06/17/2022
- A change of -7.2% or more in five trading days (one week) is a 3% probability event, occurring 66 out of 2516 times over the past ten years.
- Out of these 66 cases, the stock has seen positive movement on 43 occasions in the next five trading days
- This points to a 65% chance of the stock rising over the next five days.
Stock prices across sectors have fallen sharply in recent months and we are now in a bear market for the first time since March 2020, when the COVID-19 outbreak triggered a market crash. We capture key trends in the Dow during and after major market crashes in our interactive dashboard analysis.market crash comparison,
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