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#22) Mesabi Trust(MSB) Forecast Chart for Oct 13, 2017*
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October 12, 2017 (RicochetTrader.com)

Forecast chart for Mesabi Trust ( MSB ) for the next 15 trading days, starting on October 13, 2017

On October 12, 2017 Mesabi Trust had a closing price of $23.78 with 60,540 shares traded. The trading liquidity was $1.44M. The forecast predicted average opening price for trading date October 13, 2017 is $23.79.

Summary Information for Mesabi Trust ( MSB ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.4002% occurs on day 2 where there is a 10% chance that MSB will rise to $25.98 (+9.19%) and there is a 10% chance it will fall to $22.27 (-6.37%). There is a 20% that MSB will cross one of these price levels in 2 days, and adding the returns of +9.19% and -6.37% yields a net composite return of 2.82%. A net return of 2.82% in 2 days is an EDR of 1.4002% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.6529% occurs on day 2 where there is a 20% chance that MSB will rise to $25.12 (+5.60%) and there is a 20% chance it will fall to $22.77 (-4.29%). There is a 40% that MSB will cross one of these price levels in 2 days, and adding the returns of +5.60% and -4.29% yields a net composite return of 1.31%. A net return of 1.31% in 2 days is an EDR of 0.6529% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.3743% occurs on day 2 where there is a 30% chance that MSB will rise to $24.77 (+4.12%) and there is a 30% chance it will fall to $22.99 (-3.37%). There is a 60% that MSB will cross one of these price levels in 2 days, and adding the returns of +4.12% and -3.37% yields a net composite return of 0.75%. A net return of 0.75% in 2 days is an EDR of 0.3743% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.2896% occurs on day 2 where there is a 40% chance that MSB will rise to $24.54 (+3.17%) and there is a 40% chance it will fall to $23.17 (-2.59%). There is a 80% that MSB will cross one of these price levels in 2 days, and adding the returns of +3.17% and -2.59% yields a net composite return of 0.58%. A net return of 0.58% in 2 days is an EDR of 0.2896% per day.

* The forecast for Mesabi Trust (MSB) was made using market data after the close on October 12, 2017 but is generated for the next trading day, or October 13, 2017