Chino Commercial Bancorp Stock Probability of Future Pink Sheet Price Finishing Under 8.91
| CCBC Stock | USD 13.62 0.04 0.29% |
Chino |
Chino Commercial Target Price Odds to finish below 8.91
The tendency of Chino Pink Sheet 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 $ 8.91 or more in 90 days |
| 13.62 | 90 days | 8.91 | near 1 |
Based on a normal probability distribution, the odds of Chino Commercial to drop to $ 8.91 or more in 90 days from now is near 1 (This Chino Commercial Bancorp probability density function shows the probability of Chino Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Chino Commercial Bancorp price to stay between $ 8.91 and its current price of $13.62 at the end of the 90-day period is about 87.87 .
Given the investment horizon of 90 days Chino Commercial Bancorp has a beta of -0.15 suggesting as returns on the benchmark increase, returns on holding Chino Commercial are expected to decrease at a much lower rate. During a bear market, however, Chino Commercial Bancorp is likely to outperform the market. Additionally Chino Commercial Bancorp has an alpha of 0.2045, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chino Commercial Price Density |
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Predictive Modules for Chino Commercial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chino Commercial Bancorp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Chino Commercial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chino Commercial is not an exception. The market had few large corrections towards the Chino Commercial'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 Chino Commercial Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chino Commercial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.07 |
Chino Commercial Technical Analysis
Chino Commercial's future price can be derived by breaking down and analyzing its technical indicators over time. Chino Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chino Commercial Bancorp. In general, you should focus on analyzing Chino Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Chino Commercial Predictive Forecast Models
Chino Commercial's time-series forecasting models is one of many Chino Commercial's pink sheet 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 Chino Commercial'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chino Commercial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chino Commercial's short interest history, or implied volatility extrapolated from Chino Commercial options trading.
Other Information on Investing in Chino Pink Sheet
Chino Commercial financial ratios help investors to determine whether Chino Pink Sheet 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 Chino with respect to the benefits of owning Chino Commercial security.