Componenta Corp (Finland) Probability of Future Stock Price Finishing Over 2.36
| CTH1V Stock | EUR 2.36 0.06 2.48% |
Componenta |
Componenta Corp Target Price Odds to finish over 2.36
The tendency of Componenta 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 move above the current price in 90 days |
| 2.36 | 90 days | 2.36 | about 81.3 |
Based on a normal probability distribution, the odds of Componenta Corp to move above the current price in 90 days from now is about 81.3 (This Componenta Corp probability density function shows the probability of Componenta Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Componenta Corp has a beta of -0.47 suggesting as returns on the benchmark increase, returns on holding Componenta Corp are expected to decrease at a much lower rate. During a bear market, however, Componenta Corp is likely to outperform the market. Additionally Componenta Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Componenta Corp Price Density |
| Price |
Predictive Modules for Componenta Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Componenta Corp. 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 Componenta Corp's 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.
Componenta Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Componenta Corp is not an exception. The market had few large corrections towards the Componenta Corp's 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 Componenta Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Componenta Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | -0.47 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.1 |
Componenta Corp 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 Componenta Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Componenta Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Componenta Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 87.25 M. Net Loss for the year was (405 K) with profit before overhead, payroll, taxes, and interest of 4.64 M. | |
| About 33.0% of the company shares are held by company insiders |
Componenta Corp 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 Componenta Stock often depends not only on the future outlook of the current and potential Componenta Corp'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. Componenta Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.5 M |
Componenta Corp Technical Analysis
Componenta Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Componenta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Componenta Corp. In general, you should focus on analyzing Componenta Stock price patterns and their correlations with different microeconomic environments and drivers.
Componenta Corp Predictive Forecast Models
Componenta Corp's time-series forecasting models is one of many Componenta Corp'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 Componenta Corp'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 Componenta Corp
Checking the ongoing alerts about Componenta Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Componenta Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Componenta Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 87.25 M. Net Loss for the year was (405 K) with profit before overhead, payroll, taxes, and interest of 4.64 M. | |
| About 33.0% of the company shares are held by company insiders |
Check out Componenta Corp Backtesting, Componenta Corp Valuation, Componenta Corp Correlation, Componenta Corp Hype Analysis, Componenta Corp Volatility, Componenta Corp History as well as Componenta Corp Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Componenta Stock analysis
When running Componenta Corp's price analysis, check to measure Componenta Corp'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 Componenta Corp is operating at the current time. Most of Componenta Corp's value examination focuses on studying past and present price action to predict the probability of Componenta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Componenta Corp's price. Additionally, you may evaluate how the addition of Componenta Corp to your portfolios can decrease your overall portfolio volatility.
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