Cal Maine Foods Stock Probability of Future Stock Price Finishing Over 96.41
| CALM Stock | USD 97.61 0.46 0.47% |
Cal |
Cal Maine Target Price Odds to finish over 96.41
The tendency of Cal 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 $ 96.41 in 90 days |
| 97.61 | 90 days | 96.41 | about 8.69 |
Based on a normal probability distribution, the odds of Cal Maine to stay above $ 96.41 in 90 days from now is about 8.69 (This Cal Maine Foods probability density function shows the probability of Cal Stock to fall within a particular range of prices over 90 days) . Probability of Cal Maine Foods price to stay between $ 96.41 and its current price of $97.61 at the end of the 90-day period is about 1.74 .
Given the investment horizon of 90 days Cal Maine has a beta of 0.53 suggesting as returns on the market go up, Cal Maine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cal Maine Foods will be expected to be much smaller as well. Additionally Cal Maine Foods has an alpha of 0.4302, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cal Maine Price Density |
| Price |
Predictive Modules for Cal Maine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cal Maine Foods. 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.Cal Maine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cal Maine is not an exception. The market had few large corrections towards the Cal Maine'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 Cal Maine Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cal Maine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 10.05 | |
Ir | Information ratio | 0.22 |
Cal Maine 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 Cal Maine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cal Maine Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cal Maine Foods has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of November 2024 Cal Maine paid $ 1.02 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Cal-Maine Foods Rating Lowered to Hold at StockNews.com |
Cal Maine 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 Cal Stock often depends not only on the future outlook of the current and potential Cal Maine'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. Cal Maine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.9 M | |
| Cash And Short Term Investments | 812.4 M |
Cal Maine Technical Analysis
Cal Maine's future price can be derived by breaking down and analyzing its technical indicators over time. Cal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cal Maine Foods. In general, you should focus on analyzing Cal Stock price patterns and their correlations with different microeconomic environments and drivers.
Cal Maine Predictive Forecast Models
Cal Maine's time-series forecasting models is one of many Cal Maine'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 Cal Maine'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 Cal Maine Foods
Checking the ongoing alerts about Cal Maine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cal Maine Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cal Maine Foods has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of November 2024 Cal Maine paid $ 1.02 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Cal-Maine Foods Rating Lowered to Hold at StockNews.com |
Check out Cal Maine Backtesting, Cal Maine Valuation, Cal Maine Correlation, Cal Maine Hype Analysis, Cal Maine Volatility, Cal Maine History as well as Cal Maine Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 159.9 | Dividend Share 2.902 | Earnings Share 8.73 | Revenue Per Share 54.437 | Quarterly Revenue Growth 0.711 |
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.