Costar Group Stock Chance of Future Stock Price Finishing Over 73.46
| CSGP Stock | USD 73.46 0.22 0.30% |
CoStar |
CoStar Target Price Odds to finish over 73.46
The tendency of CoStar 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 |
| 73.46 | 90 days | 73.46 | about 89.53 |
Based on a normal probability distribution, the odds of CoStar to move above the current price in 90 days from now is about 89.53 (This CoStar Group probability density function shows the probability of CoStar Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.23 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, CoStar will likely underperform. Additionally CoStar Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CoStar Price Density |
| Price |
Predictive Modules for CoStar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CoStar Group. 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 CoStar'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.
CoStar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CoStar is not an exception. The market had few large corrections towards the CoStar'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 CoStar Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CoStar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.09 |
CoStar 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 CoStar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CoStar Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CoStar Group generated a negative expected return over the last 90 days | |
| CoStar Group is unlikely to experience financial distress in the next 2 years | |
| CoStar Group has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: CoStar Group Fell Due To Deceleration In Net New Sales Of Homes.Com |
CoStar 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 CoStar Stock often depends not only on the future outlook of the current and potential CoStar'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. CoStar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 406.9 M | |
| Cash And Short Term Investments | 5.2 B |
CoStar Technical Analysis
CoStar's future price can be derived by breaking down and analyzing its technical indicators over time. CoStar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CoStar Group. In general, you should focus on analyzing CoStar Stock price patterns and their correlations with different microeconomic environments and drivers.
CoStar Predictive Forecast Models
CoStar's time-series forecasting models is one of many CoStar'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 CoStar'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 CoStar Group
Checking the ongoing alerts about CoStar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CoStar Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CoStar Group generated a negative expected return over the last 90 days | |
| CoStar Group is unlikely to experience financial distress in the next 2 years | |
| CoStar Group has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: CoStar Group Fell Due To Deceleration In Net New Sales Of Homes.Com |
Additional Tools for CoStar Stock Analysis
When running CoStar's price analysis, check to measure CoStar'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 CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.