CORONGLRES CDIS101 (Germany) Probability of Future Stock Price Finishing Over 0.6
| 0QE Stock | EUR 0.48 0.12 20.00% |
CORONGLRES |
CORONGLRES CDIS101 Target Price Odds to finish over 0.6
The tendency of CORONGLRES 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 over € 0.60 or more in 90 days |
| 0.48 | 90 days | 0.60 | about 80.77 |
Based on a normal probability distribution, the odds of CORONGLRES CDIS101 to move over € 0.60 or more in 90 days from now is about 80.77 (This CORONGLRES CDIS101 probability density function shows the probability of CORONGLRES Stock to fall within a particular range of prices over 90 days) . Probability of CORONGLRES CDIS101 price to stay between its current price of € 0.48 and € 0.60 at the end of the 90-day period is about 18.77 .
Assuming the 90 days horizon CORONGLRES CDIS101 has a beta of 0.53. This suggests as returns on the market go up, CORONGLRES CDIS101 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CORONGLRES CDIS101 will be expected to be much smaller as well. Additionally CORONGLRES CDIS101 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. CORONGLRES CDIS101 Price Density |
| Price |
Predictive Modules for CORONGLRES CDIS101
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CORONGLRES CDIS101. 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.CORONGLRES CDIS101 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CORONGLRES CDIS101 is not an exception. The market had few large corrections towards the CORONGLRES CDIS101'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 CORONGLRES CDIS101, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CORONGLRES CDIS101 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.69 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.25 |
CORONGLRES CDIS101 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 CORONGLRES CDIS101 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CORONGLRES CDIS101 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CORONGLRES CDIS101 generated a negative expected return over the last 90 days | |
| CORONGLRES CDIS101 has some characteristics of a very speculative penny stock | |
| CORONGLRES CDIS101 has high historical volatility and very poor performance | |
| The company reported the revenue of 3.63 B. Net Loss for the year was (226.47 M) with profit before overhead, payroll, taxes, and interest of 755.07 M. | |
| CORONGLRES CDIS101 has accumulated about 45.74 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 51.0% of the company shares are owned by insiders or employees |
CORONGLRES CDIS101 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 CORONGLRES Stock often depends not only on the future outlook of the current and potential CORONGLRES CDIS101'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. CORONGLRES CDIS101's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.1198 |
CORONGLRES CDIS101 Technical Analysis
CORONGLRES CDIS101's future price can be derived by breaking down and analyzing its technical indicators over time. CORONGLRES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CORONGLRES CDIS101. In general, you should focus on analyzing CORONGLRES Stock price patterns and their correlations with different microeconomic environments and drivers.
CORONGLRES CDIS101 Predictive Forecast Models
CORONGLRES CDIS101's time-series forecasting models is one of many CORONGLRES CDIS101'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 CORONGLRES CDIS101'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 CORONGLRES CDIS101
Checking the ongoing alerts about CORONGLRES CDIS101 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CORONGLRES CDIS101 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CORONGLRES CDIS101 generated a negative expected return over the last 90 days | |
| CORONGLRES CDIS101 has some characteristics of a very speculative penny stock | |
| CORONGLRES CDIS101 has high historical volatility and very poor performance | |
| The company reported the revenue of 3.63 B. Net Loss for the year was (226.47 M) with profit before overhead, payroll, taxes, and interest of 755.07 M. | |
| CORONGLRES CDIS101 has accumulated about 45.74 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 51.0% of the company shares are owned by insiders or employees |
Other Information on Investing in CORONGLRES Stock
CORONGLRES CDIS101 financial ratios help investors to determine whether CORONGLRES Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CORONGLRES with respect to the benefits of owning CORONGLRES CDIS101 security.