CD PROJEKT (Poland) Probability of Future Stock Price Finishing Over 164.86
| CDR Stock | 167.20 2.40 1.46% |
CDR |
CD PROJEKT Target Price Odds to finish over 164.86
The tendency of CDR 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 164.86 in 90 days |
| 167.20 | 90 days | 164.86 | about 60.89 |
Based on a normal probability distribution, the odds of CD PROJEKT to stay above 164.86 in 90 days from now is about 60.89 (This CD PROJEKT SA probability density function shows the probability of CDR Stock to fall within a particular range of prices over 90 days) . Probability of CD PROJEKT SA price to stay between 164.86 and its current price of 167.2 at the end of the 90-day period is about 12.51 .
Assuming the 90 days trading horizon CD PROJEKT has a beta of 0.0516 suggesting as returns on the market go up, CD PROJEKT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CD PROJEKT SA will be expected to be much smaller as well. Additionally CD PROJEKT SA 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. CD PROJEKT Price Density |
| Price |
Predictive Modules for CD PROJEKT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CD PROJEKT SA. 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 CD PROJEKT'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.
CD PROJEKT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CD PROJEKT is not an exception. The market had few large corrections towards the CD PROJEKT'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 CD PROJEKT SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CD PROJEKT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 7.38 | |
Ir | Information ratio | -0.13 |
CD PROJEKT 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 CD PROJEKT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CD PROJEKT SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CD PROJEKT SA generated a negative expected return over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
CD PROJEKT 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 CDR Stock often depends not only on the future outlook of the current and potential CD PROJEKT'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. CD PROJEKT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100.5 M | |
| Cash And Short Term Investments | 984.4 M |
CD PROJEKT Technical Analysis
CD PROJEKT's future price can be derived by breaking down and analyzing its technical indicators over time. CDR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CD PROJEKT SA. In general, you should focus on analyzing CDR Stock price patterns and their correlations with different microeconomic environments and drivers.
CD PROJEKT Predictive Forecast Models
CD PROJEKT's time-series forecasting models is one of many CD PROJEKT'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 CD PROJEKT'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 CD PROJEKT SA
Checking the ongoing alerts about CD PROJEKT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CD PROJEKT SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CD PROJEKT SA generated a negative expected return over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
Additional Tools for CDR Stock Analysis
When running CD PROJEKT's price analysis, check to measure CD PROJEKT'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 CD PROJEKT is operating at the current time. Most of CD PROJEKT's value examination focuses on studying past and present price action to predict the probability of CD PROJEKT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CD PROJEKT's price. Additionally, you may evaluate how the addition of CD PROJEKT to your portfolios can decrease your overall portfolio volatility.