Cambi ASA (Norway) Probability of Future Stock Price Finishing Over 12.24
| CAMBI Stock | NOK 14.40 0.30 2.13% |
Cambi |
Cambi ASA Target Price Odds to finish over 12.24
The tendency of Cambi 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 12.24 in 90 days |
| 14.40 | 90 days | 12.24 | close to 99 |
Based on a normal probability distribution, the odds of Cambi ASA to stay above 12.24 in 90 days from now is close to 99 (This Cambi ASA probability density function shows the probability of Cambi Stock to fall within a particular range of prices over 90 days) . Probability of Cambi ASA price to stay between 12.24 and its current price of 14.4 at the end of the 90-day period is about 29.32 .
Assuming the 90 days trading horizon Cambi ASA has a beta of 0.0205 suggesting as returns on the market go up, Cambi ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambi ASA will be expected to be much smaller as well. Additionally Cambi ASA has an alpha of 0.0568, implying that it can generate a 0.0568 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cambi ASA Price Density |
| Price |
Predictive Modules for Cambi ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambi ASA. 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.Cambi ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cambi ASA is not an exception. The market had few large corrections towards the Cambi ASA'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 Cambi ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cambi ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | -0.02 |
Cambi ASA 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 Cambi ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cambi ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cambi ASA has high likelihood to experience some financial distress in the next 2 years | |
| Cambi ASA has accumulated about 348 M in cash with (8.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17. | |
| Roughly 81.0% of the company shares are held by company insiders |
Cambi ASA 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 Cambi Stock often depends not only on the future outlook of the current and potential Cambi ASA'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. Cambi ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160 M | |
| Cash And Short Term Investments | 271 M |
Cambi ASA Technical Analysis
Cambi ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Cambi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cambi ASA. In general, you should focus on analyzing Cambi Stock price patterns and their correlations with different microeconomic environments and drivers.
Cambi ASA Predictive Forecast Models
Cambi ASA's time-series forecasting models is one of many Cambi ASA'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 Cambi ASA'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 Cambi ASA
Checking the ongoing alerts about Cambi ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cambi ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cambi ASA has high likelihood to experience some financial distress in the next 2 years | |
| Cambi ASA has accumulated about 348 M in cash with (8.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17. | |
| Roughly 81.0% of the company shares are held by company insiders |
Other Information on Investing in Cambi Stock
Cambi ASA financial ratios help investors to determine whether Cambi 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 Cambi with respect to the benefits of owning Cambi ASA security.