Cable One (Brazil) Probability of Future Stock Price Finishing Over 12.9
| C1AB34 Stock | BRL 11.73 0.20 1.73% |
Cable |
Cable One Target Price Odds to finish over 12.9
The tendency of Cable 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 R$ 12.90 or more in 90 days |
| 11.73 | 90 days | 12.90 | near 1 |
Based on a normal probability distribution, the odds of Cable One to move over R$ 12.90 or more in 90 days from now is near 1 (This Cable One probability density function shows the probability of Cable Stock to fall within a particular range of prices over 90 days) . Probability of Cable One price to stay between its current price of R$ 11.73 and R$ 12.90 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Cable One has a beta of 0.9 suggesting Cable One market returns are sensitive to returns on the market. As the market goes up or down, Cable One is expected to follow. Additionally Cable One has an alpha of 0.1663, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cable One Price Density |
| Price |
Predictive Modules for Cable One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cable One. 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.Cable One Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cable One is not an exception. The market had few large corrections towards the Cable One'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 Cable One, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cable One within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.07 |
Cable One 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 Cable Stock often depends not only on the future outlook of the current and potential Cable One'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. Cable One's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6 M |
Cable One Technical Analysis
Cable One's future price can be derived by breaking down and analyzing its technical indicators over time. Cable Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cable One. In general, you should focus on analyzing Cable Stock price patterns and their correlations with different microeconomic environments and drivers.
Cable One Predictive Forecast Models
Cable One's time-series forecasting models is one of many Cable One'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 Cable One'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cable One in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cable One's short interest history, or implied volatility extrapolated from Cable One options trading.
Additional Information and Resources on Investing in Cable Stock
When determining whether Cable One offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cable One's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cable One Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cable One Stock:Check out Cable One Backtesting, Cable One Valuation, Cable One Correlation, Cable One Hype Analysis, Cable One Volatility, Cable One History as well as Cable One Performance. For information on how to trade Cable Stock refer to our How to Trade Cable Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.