CAVELL TOURISTIC (Mauritius) Probability of Future Stock Price Finishing Under 17.89
| CAVT Stock | 21.00 0.00 0.00% |
CAVELL |
CAVELL TOURISTIC Target Price Odds to finish below 17.89
The tendency of CAVELL 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 17.89 or more in 90 days |
| 21.00 | 90 days | 17.89 | about 1.95 |
Based on a normal probability distribution, the odds of CAVELL TOURISTIC to drop to 17.89 or more in 90 days from now is about 1.95 (This CAVELL TOURISTIC INVESTMENTS probability density function shows the probability of CAVELL Stock to fall within a particular range of prices over 90 days) . Probability of CAVELL TOURISTIC INV price to stay between 17.89 and its current price of 21.0 at the end of the 90-day period is about 6.84 .
Assuming the 90 days trading horizon CAVELL TOURISTIC INVESTMENTS has a beta of -0.7 suggesting as returns on the benchmark increase, returns on holding CAVELL TOURISTIC are expected to decrease at a much lower rate. During a bear market, however, CAVELL TOURISTIC INVESTMENTS is likely to outperform the market. Additionally CAVELL TOURISTIC INVESTMENTS 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. CAVELL TOURISTIC Price Density |
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Predictive Modules for CAVELL TOURISTIC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CAVELL TOURISTIC INV. 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.CAVELL TOURISTIC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CAVELL TOURISTIC is not an exception. The market had few large corrections towards the CAVELL TOURISTIC'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 CAVELL TOURISTIC INVESTMENTS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CAVELL TOURISTIC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.7 | |
σ | Overall volatility | 4.39 | |
Ir | Information ratio | -0.22 |
CAVELL TOURISTIC 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 CAVELL TOURISTIC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CAVELL TOURISTIC INV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CAVELL TOURISTIC INV generated a negative expected return over the last 90 days | |
| CAVELL TOURISTIC INV has high historical volatility and very poor performance |
CAVELL TOURISTIC Technical Analysis
CAVELL TOURISTIC's future price can be derived by breaking down and analyzing its technical indicators over time. CAVELL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CAVELL TOURISTIC INVESTMENTS. In general, you should focus on analyzing CAVELL Stock price patterns and their correlations with different microeconomic environments and drivers.
CAVELL TOURISTIC Predictive Forecast Models
CAVELL TOURISTIC's time-series forecasting models is one of many CAVELL TOURISTIC'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 CAVELL TOURISTIC'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 CAVELL TOURISTIC INV
Checking the ongoing alerts about CAVELL TOURISTIC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CAVELL TOURISTIC INV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CAVELL TOURISTIC INV generated a negative expected return over the last 90 days | |
| CAVELL TOURISTIC INV has high historical volatility and very poor performance |