Check-Cap (Germany) Probability of Future Stock Price Finishing Under 0.71
| 7CC Stock | EUR 0.74 0.03 4.23% |
Check-Cap |
Check-Cap Target Price Odds to finish below 0.71
The tendency of Check-Cap 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 drop to € 0.71 or more in 90 days |
| 0.74 | 90 days | 0.71 | under 4 |
Based on a normal probability distribution, the odds of Check-Cap to drop to € 0.71 or more in 90 days from now is under 4 (This Check Cap probability density function shows the probability of Check-Cap Stock to fall within a particular range of prices over 90 days) . Probability of Check Cap price to stay between € 0.71 and its current price of €0.74 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.84 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Check-Cap will likely underperform. Additionally Check Cap 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. Check-Cap Price Density |
| Price |
Predictive Modules for Check-Cap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Check Cap. 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.Check-Cap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Check-Cap is not an exception. The market had few large corrections towards the Check-Cap'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 Check Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Check-Cap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.3 | |
β | Beta against Dow Jones | 1.84 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.24 |
Check-Cap 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 Check-Cap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Check Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Check Cap generated a negative expected return over the last 90 days | |
| Check Cap has high historical volatility and very poor performance | |
| Check Cap has some characteristics of a very speculative penny stock | |
| Check Cap has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (17.2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Check Cap has accumulated about 16.97 M in cash with (16.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check-Cap 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 Check-Cap Stock often depends not only on the future outlook of the current and potential Check-Cap'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. Check-Cap's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.4 M |
Check-Cap Technical Analysis
Check-Cap's future price can be derived by breaking down and analyzing its technical indicators over time. Check-Cap Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Check Cap. In general, you should focus on analyzing Check-Cap Stock price patterns and their correlations with different microeconomic environments and drivers.
Check-Cap Predictive Forecast Models
Check-Cap's time-series forecasting models is one of many Check-Cap'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 Check-Cap'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 Check Cap
Checking the ongoing alerts about Check-Cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Check Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Check Cap generated a negative expected return over the last 90 days | |
| Check Cap has high historical volatility and very poor performance | |
| Check Cap has some characteristics of a very speculative penny stock | |
| Check Cap has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (17.2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Check Cap has accumulated about 16.97 M in cash with (16.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Information and Resources on Investing in Check-Cap Stock
When determining whether Check Cap is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Check-Cap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Check Cap Stock. Highlighted below are key reports to facilitate an investment decision about Check Cap Stock:Check out Check-Cap Backtesting, Check-Cap Valuation, Check-Cap Correlation, Check-Cap Hype Analysis, Check-Cap Volatility, Check-Cap History as well as Check-Cap Performance. For more detail on how to invest in Check-Cap Stock please use our How to Invest in Check-Cap guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.