CEC AFRICA (Zambia) Probability of Future Stock Price Finishing Over 0.6336
| CCAF Stock | 0.64 0.00 0.00% |
CEC |
CEC AFRICA Target Price Odds to finish over 0.6336
The tendency of CEC 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 0.63 in 90 days |
| 0.64 | 90 days | 0.63 | about 50.0 |
Based on a normal probability distribution, the odds of CEC AFRICA to stay above 0.63 in 90 days from now is about 50.0 (This CEC AFRICA INVESTMENTS probability density function shows the probability of CEC Stock to fall within a particular range of prices over 90 days) . Probability of CEC AFRICA INVESTMENTS price to stay between 0.63 and its current price of 0.64 at the end of the 90-day period is about 35.15 .
Assuming the 90 days trading horizon CEC AFRICA has a beta of 0.0597 suggesting as returns on the market go up, CEC AFRICA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CEC AFRICA INVESTMENTS will be expected to be much smaller as well. Additionally CEC AFRICA INVESTMENTS has an alpha of 0.032, implying that it can generate a 0.032 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CEC AFRICA Price Density |
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Predictive Modules for CEC AFRICA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CEC AFRICA INVESTMENTS. 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.CEC AFRICA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CEC AFRICA is not an exception. The market had few large corrections towards the CEC AFRICA'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 CEC AFRICA INVESTMENTS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CEC AFRICA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.16 |
CEC AFRICA 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 CEC AFRICA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CEC AFRICA INVESTMENTS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CEC AFRICA has some characteristics of a very speculative penny stock |
CEC AFRICA Technical Analysis
CEC AFRICA's future price can be derived by breaking down and analyzing its technical indicators over time. CEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CEC AFRICA INVESTMENTS. In general, you should focus on analyzing CEC Stock price patterns and their correlations with different microeconomic environments and drivers.
CEC AFRICA Predictive Forecast Models
CEC AFRICA's time-series forecasting models is one of many CEC AFRICA'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 CEC AFRICA'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 CEC AFRICA INVESTMENTS
Checking the ongoing alerts about CEC AFRICA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CEC AFRICA INVESTMENTS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CEC AFRICA has some characteristics of a very speculative penny stock |
Additional Tools for CEC Stock Analysis
When running CEC AFRICA's price analysis, check to measure CEC AFRICA'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 CEC AFRICA is operating at the current time. Most of CEC AFRICA's value examination focuses on studying past and present price action to predict the probability of CEC AFRICA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEC AFRICA's price. Additionally, you may evaluate how the addition of CEC AFRICA to your portfolios can decrease your overall portfolio volatility.