Canaf Investments Stock Probability of Future Stock Price Finishing Over 0.22
| CAF Stock | CAD 0.29 0.01 3.57% |
Canaf |
Canaf Investments Target Price Odds to finish over 0.22
The tendency of Canaf 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 stay above C$ 0.22 in 90 days |
| 0.29 | 90 days | 0.22 | close to 99 |
Based on a normal probability distribution, the odds of Canaf Investments to stay above C$ 0.22 in 90 days from now is close to 99 (This Canaf Investments probability density function shows the probability of Canaf Stock to fall within a particular range of prices over 90 days) . Probability of Canaf Investments price to stay between C$ 0.22 and its current price of C$0.29 at the end of the 90-day period is about 49.76 .
Assuming the 90 days horizon Canaf Investments has a beta of -0.77 suggesting as returns on the benchmark increase, returns on holding Canaf Investments are expected to decrease at a much lower rate. During a bear market, however, Canaf Investments is likely to outperform the market. Additionally Canaf Investments has an alpha of 0.2773, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Canaf Investments Price Density |
| Price |
Predictive Modules for Canaf Investments
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canaf Investments. 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.Canaf Investments Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canaf Investments is not an exception. The market had few large corrections towards the Canaf Investments' 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 Canaf Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canaf Investments within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.02 |
Canaf Investments 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 Canaf Investments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canaf Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canaf Investments has some characteristics of a very speculative penny stock | |
| Canaf Investments had very high historical volatility over the last 90 days | |
| Canaf Investments is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company shares are held by company insiders |
Canaf Investments 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 Canaf Stock often depends not only on the future outlook of the current and potential Canaf Investments' 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. Canaf Investments' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.4 M |
Canaf Investments Technical Analysis
Canaf Investments' future price can be derived by breaking down and analyzing its technical indicators over time. Canaf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canaf Investments. In general, you should focus on analyzing Canaf Stock price patterns and their correlations with different microeconomic environments and drivers.
Canaf Investments Predictive Forecast Models
Canaf Investments' time-series forecasting models is one of many Canaf Investments' 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 Canaf Investments' 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 Canaf Investments
Checking the ongoing alerts about Canaf Investments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canaf Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canaf Investments has some characteristics of a very speculative penny stock | |
| Canaf Investments had very high historical volatility over the last 90 days | |
| Canaf Investments is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company shares are held by company insiders |
Additional Tools for Canaf Stock Analysis
When running Canaf Investments' price analysis, check to measure Canaf Investments' 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 Canaf Investments is operating at the current time. Most of Canaf Investments' value examination focuses on studying past and present price action to predict the probability of Canaf Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canaf Investments' price. Additionally, you may evaluate how the addition of Canaf Investments to your portfolios can decrease your overall portfolio volatility.