Canaf Investments Stock Probability of Future Pink Sheet Price Finishing Under 0.0363
| CAFZF Stock | USD 0.13 0.00 0.00% |
Canaf |
Canaf Investments Target Price Odds to finish below 0.0363
The tendency of Canaf Pink Sheet 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 drop to $ 0.04 or more in 90 days |
| 0.13 | 90 days | 0.04 | near 1 |
Based on a normal probability distribution, the odds of Canaf Investments to drop to $ 0.04 or more in 90 days from now is near 1 (This Canaf Investments probability density function shows the probability of Canaf Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Canaf Investments price to stay between $ 0.04 and its current price of $0.13 at the end of the 90-day period is about 78.54 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 2.73 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canaf Investments will likely underperform. Additionally Canaf Investments has an alpha of 0.885, implying that it can generate a 0.89 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Canaf Investments Price Density |
| Price |
Predictive Modules for Canaf Investments
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canaf Investments. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Canaf Investments' 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.
Canaf Investments Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canaf Investments is not an exception. The market had few large corrections towards the Canaf Investments' 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 Canaf Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canaf Investments within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.89 | |
β | Beta against NYSE Composite | 2.73 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.11 |
Canaf Investments 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 Canaf Investments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canaf Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canaf Investments is way too risky over 90 days horizon | |
| Canaf Investments has some characteristics of a very speculative penny stock | |
| Canaf Investments appears to be risky and price may revert if volatility continues | |
| About 16.0% of the company shares are held by company insiders |
Canaf Investments 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 Canaf Pink Sheet often depends not only on the future outlook of the current and potential Canaf Investments' 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. Canaf Investments' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.4 M |
Canaf Investments Technical Analysis
Canaf Investments' future price can be derived by breaking down and analyzing its technical indicators over time. Canaf Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canaf Investments. In general, you should focus on analyzing Canaf Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Canaf Investments Predictive Forecast Models
Canaf Investments' time-series forecasting models is one of many Canaf Investments' pink sheet 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 Canaf Investments' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Canaf Investments
Checking the ongoing alerts about Canaf Investments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canaf Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canaf Investments is way too risky over 90 days horizon | |
| Canaf Investments has some characteristics of a very speculative penny stock | |
| Canaf Investments appears to be risky and price may revert if volatility continues | |
| About 16.0% of the company shares are held by company insiders |
Check out Canaf Investments Backtesting, Canaf Investments Valuation, Canaf Investments Correlation, Canaf Investments Hype Analysis, Canaf Investments Volatility, Canaf Investments History as well as Canaf Investments Performance. Note that the Canaf Investments information on this page should be used as a complementary analysis to other Canaf Investments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Canaf Pink Sheet analysis
When running Canaf Investments' price analysis, check to measure Canaf Investments' 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 Canaf Investments is operating at the current time. Most of Canaf Investments' value examination focuses on studying past and present price action to predict the probability of Canaf Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canaf Investments' price. Additionally, you may evaluate how the addition of Canaf Investments to your portfolios can decrease your overall portfolio volatility.
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