Cactus Acquisition Corp Stock Probability of Future Stock Price Finishing Over 10.89
| CCTS Stock | USD 11.16 0.25 2.29% |
Cactus |
Cactus Acquisition Target Price Odds to finish over 10.89
The tendency of Cactus 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 $ 10.89 in 90 days |
| 11.16 | 90 days | 10.89 | roughly 97.0 |
Based on a normal probability distribution, the odds of Cactus Acquisition to stay above $ 10.89 in 90 days from now is roughly 97.0 (This Cactus Acquisition Corp probability density function shows the probability of Cactus Stock to fall within a particular range of prices over 90 days) . Probability of Cactus Acquisition Corp price to stay between $ 10.89 and its current price of $11.16 at the end of the 90-day period is about 15.11 .
Given the investment horizon of 90 days Cactus Acquisition Corp has a beta of -0.62 suggesting as returns on the benchmark increase, returns on holding Cactus Acquisition are expected to decrease at a much lower rate. During a bear market, however, Cactus Acquisition Corp is likely to outperform the market. Additionally Cactus Acquisition Corp has an alpha of 0.0587, implying that it can generate a 0.0587 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cactus Acquisition Price Density |
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Predictive Modules for Cactus Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cactus Acquisition 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 Cactus Acquisition'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.
Cactus Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cactus Acquisition is not an exception. The market had few large corrections towards the Cactus Acquisition'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 Cactus Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cactus Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.62 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.05 |
Cactus Acquisition 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 Cactus Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cactus Acquisition 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.| Cactus Acquisition generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Vanguard Group Incs Strategic Acquisition of Cactus Inc Shares - GuruFocus.com |
Cactus Acquisition 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 Cactus Stock often depends not only on the future outlook of the current and potential Cactus Acquisition'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. Cactus Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 M | |
| Cash And Short Term Investments | 78 K |
Cactus Acquisition Technical Analysis
Cactus Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Cactus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cactus Acquisition Corp. In general, you should focus on analyzing Cactus Stock price patterns and their correlations with different microeconomic environments and drivers.
Cactus Acquisition Predictive Forecast Models
Cactus Acquisition's time-series forecasting models is one of many Cactus Acquisition'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 Cactus Acquisition'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 Cactus Acquisition Corp
Checking the ongoing alerts about Cactus Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cactus Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cactus Acquisition generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Vanguard Group Incs Strategic Acquisition of Cactus Inc Shares - GuruFocus.com |
Additional Tools for Cactus Stock Analysis
When running Cactus Acquisition's price analysis, check to measure Cactus Acquisition'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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.