Choo Bee (Malaysia) Odds of Future Stock Price Finishing Over 0.75
| 5797 Stock | 0.71 0.02 2.90% |
Choo |
Choo Bee Target Price Odds to finish over 0.75
The tendency of Choo 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 0.75 or more in 90 days |
| 0.71 | 90 days | 0.75 | about 89.94 |
Based on a normal probability distribution, the odds of Choo Bee to move over 0.75 or more in 90 days from now is about 89.94 (This Choo Bee Metal probability density function shows the probability of Choo Stock to fall within a particular range of prices over 90 days) . Probability of Choo Bee Metal price to stay between its current price of 0.71 and 0.75 at the end of the 90-day period is about 9.53 .
Assuming the 90 days trading horizon Choo Bee Metal has a beta of -0.27. This suggests as returns on the benchmark increase, returns on holding Choo Bee are expected to decrease at a much lower rate. During a bear market, however, Choo Bee Metal is likely to outperform the market. Additionally Choo Bee Metal 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. Choo Bee Price Density |
| Price |
Predictive Modules for Choo Bee
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Choo Bee Metal. 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.Choo Bee Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Choo Bee is not an exception. The market had few large corrections towards the Choo Bee'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 Choo Bee Metal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Choo Bee within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.17 |
Choo Bee 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 Choo Bee for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Choo Bee Metal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Choo Bee Metal generated a negative expected return over the last 90 days | |
| Choo Bee Metal has some characteristics of a very speculative penny stock | |
| Choo Bee Metal has accumulated about 29.88 M in cash with (42.48 M) of positive cash flow from operations. |
Choo Bee 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 Choo Stock often depends not only on the future outlook of the current and potential Choo Bee'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. Choo Bee's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 196.1 M | |
| Dividends Paid | 3.9 M | |
| Short Long Term Debt | 6 M | |
| Cash And Short Term Investments | 29.9 M |
Choo Bee Technical Analysis
Choo Bee's future price can be derived by breaking down and analyzing its technical indicators over time. Choo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Choo Bee Metal. In general, you should focus on analyzing Choo Stock price patterns and their correlations with different microeconomic environments and drivers.
Choo Bee Predictive Forecast Models
Choo Bee's time-series forecasting models is one of many Choo Bee'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 Choo Bee'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 Choo Bee Metal
Checking the ongoing alerts about Choo Bee for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Choo Bee Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Choo Bee Metal generated a negative expected return over the last 90 days | |
| Choo Bee Metal has some characteristics of a very speculative penny stock | |
| Choo Bee Metal has accumulated about 29.88 M in cash with (42.48 M) of positive cash flow from operations. |
Other Information on Investing in Choo Stock
Choo Bee financial ratios help investors to determine whether Choo 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 Choo with respect to the benefits of owning Choo Bee security.