Castro (Israel) Chance of Future Stock Price Finishing Under 5947.0
| CAST Stock | ILS 8,313 236.00 2.76% |
Castro |
Castro Target Price Odds to finish below 5947.0
The tendency of Castro 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 S 5,947 or more in 90 days |
| 8,313 | 90 days | 5,947 | near 1 |
Based on a normal probability distribution, the odds of Castro to drop to S 5,947 or more in 90 days from now is near 1 (This Castro probability density function shows the probability of Castro Stock to fall within a particular range of prices over 90 days) . Probability of Castro price to stay between S 5,947 and its current price of S8313.0 at the end of the 90-day period is about 65.87 .
Assuming the 90 days trading horizon Castro has a beta of -0.14 suggesting as returns on the benchmark increase, returns on holding Castro are expected to decrease at a much lower rate. During a bear market, however, Castro is likely to outperform the market. Additionally Castro has an alpha of 0.348, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Castro Price Density |
| Price |
Predictive Modules for Castro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Castro. 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.Castro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Castro is not an exception. The market had few large corrections towards the Castro'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 Castro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Castro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 808.89 | |
Ir | Information ratio | 0.1 |
Castro 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 Castro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Castro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Castro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company shares are held by company insiders |
Castro 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 Castro Stock often depends not only on the future outlook of the current and potential Castro'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. Castro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.2 M |
Castro Technical Analysis
Castro's future price can be derived by breaking down and analyzing its technical indicators over time. Castro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Castro. In general, you should focus on analyzing Castro Stock price patterns and their correlations with different microeconomic environments and drivers.
Castro Predictive Forecast Models
Castro's time-series forecasting models is one of many Castro'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 Castro'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 Castro
Checking the ongoing alerts about Castro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Castro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Castro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company shares are held by company insiders |
Other Information on Investing in Castro Stock
Castro financial ratios help investors to determine whether Castro 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 Castro with respect to the benefits of owning Castro security.