Capital Drilling (UK) Probability of Future Stock Price Finishing Under 82.8
| CAPD Stock | 83.80 1.20 1.45% |
Capital |
Capital Drilling Target Price Odds to finish below 82.8
The tendency of Capital 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 82.80 or more in 90 days |
| 83.80 | 90 days | 82.80 | about 20.39 |
Based on a normal probability distribution, the odds of Capital Drilling to drop to 82.80 or more in 90 days from now is about 20.39 (This Capital Drilling probability density function shows the probability of Capital Stock to fall within a particular range of prices over 90 days) . Probability of Capital Drilling price to stay between 82.80 and its current price of 83.8 at the end of the 90-day period is about 20.69 .
Assuming the 90 days trading horizon Capital Drilling has a beta of 0.0869 suggesting as returns on the market go up, Capital Drilling average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Capital Drilling will be expected to be much smaller as well. Additionally Capital Drilling 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. Capital Drilling Price Density |
| Price |
Predictive Modules for Capital Drilling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital Drilling. 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.Capital Drilling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capital Drilling is not an exception. The market had few large corrections towards the Capital Drilling'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 Capital Drilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capital Drilling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | -0.09 |
Capital Drilling 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 Capital Drilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Capital Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Capital Drilling generated a negative expected return over the last 90 days | |
| Capital Drilling is unlikely to experience financial distress in the next 2 years | |
| About 22.0% of the company shares are held by company insiders | |
| On 3rd of October 2024 Capital Drilling paid 0.013 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Capital Limited Strengthens Board with New Appointment - TipRanks |
Capital Drilling 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 Capital Stock often depends not only on the future outlook of the current and potential Capital Drilling'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. Capital Drilling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195.3 M | |
| Cash And Short Term Investments | 81.5 M |
Capital Drilling Technical Analysis
Capital Drilling's future price can be derived by breaking down and analyzing its technical indicators over time. Capital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capital Drilling. In general, you should focus on analyzing Capital Stock price patterns and their correlations with different microeconomic environments and drivers.
Capital Drilling Predictive Forecast Models
Capital Drilling's time-series forecasting models is one of many Capital Drilling'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 Capital Drilling'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 Capital Drilling
Checking the ongoing alerts about Capital Drilling for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Capital Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Capital Drilling generated a negative expected return over the last 90 days | |
| Capital Drilling is unlikely to experience financial distress in the next 2 years | |
| About 22.0% of the company shares are held by company insiders | |
| On 3rd of October 2024 Capital Drilling paid 0.013 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Capital Limited Strengthens Board with New Appointment - TipRanks |
Additional Tools for Capital Stock Analysis
When running Capital Drilling's price analysis, check to measure Capital Drilling's 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 Capital Drilling is operating at the current time. Most of Capital Drilling's value examination focuses on studying past and present price action to predict the probability of Capital Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capital Drilling's price. Additionally, you may evaluate how the addition of Capital Drilling to your portfolios can decrease your overall portfolio volatility.