Churchill Capital Corp Stock Probability of Future Stock Price Finishing Over 37.89
| CCIXW Stock | 0.43 0.02 4.88% |
Churchill |
Churchill Capital Target Price Odds to finish over 37.89
The tendency of Churchill 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 move over 37.89 or more in 90 days |
| 0.43 | 90 days | 37.89 | close to zero percent |
Based on a normal probability distribution, the odds of Churchill Capital to move over 37.89 or more in 90 days from now is close to zero percent (This Churchill Capital Corp probability density function shows the probability of Churchill Stock to fall within a particular range of prices over 90 days) . Probability of Churchill Capital Corp price to stay between its current price of 0.43 and 37.89 at the end of the 90-day period is about 5.73 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.39 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Churchill Capital will likely underperform. Additionally Churchill Capital Corp has an alpha of 0.9377, implying that it can generate a 0.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Churchill Capital Price Density |
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Predictive Modules for Churchill Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Churchill Capital Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Churchill Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Churchill Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Churchill Capital is not an exception. The market had few large corrections towards the Churchill Capital'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 Churchill Capital Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Churchill Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.94 | |
β | Beta against Dow Jones | 1.39 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.09 |
Churchill Capital 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 Churchill Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Churchill Capital Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Churchill Capital is way too risky over 90 days horizon | |
| Churchill Capital has some characteristics of a very speculative penny stock | |
| Churchill Capital appears to be risky and price may revert if volatility continues |
Churchill Capital Technical Analysis
Churchill Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Churchill Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Churchill Capital Corp. In general, you should focus on analyzing Churchill Stock price patterns and their correlations with different microeconomic environments and drivers.
Churchill Capital Predictive Forecast Models
Churchill Capital's time-series forecasting models is one of many Churchill Capital'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 Churchill Capital'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 Churchill Capital Corp
Checking the ongoing alerts about Churchill Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Churchill Capital Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Churchill Capital is way too risky over 90 days horizon | |
| Churchill Capital has some characteristics of a very speculative penny stock | |
| Churchill Capital appears to be risky and price may revert if volatility continues |
Additional Tools for Churchill Stock Analysis
When running Churchill Capital's price analysis, check to measure Churchill Capital'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 Churchill Capital is operating at the current time. Most of Churchill Capital's value examination focuses on studying past and present price action to predict the probability of Churchill Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Capital's price. Additionally, you may evaluate how the addition of Churchill Capital to your portfolios can decrease your overall portfolio volatility.