COAST ENTERTAINMENT (Australia) Probability of Future Stock Price Finishing Over 3.14
| CEH Stock | 0.44 0.01 2.22% |
COAST |
COAST ENTERTAINMENT Target Price Odds to finish over 3.14
The tendency of COAST 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 3.14 or more in 90 days |
| 0.44 | 90 days | 3.14 | close to zero percent |
Based on a normal probability distribution, the odds of COAST ENTERTAINMENT to move over 3.14 or more in 90 days from now is close to zero percent (This COAST ENTERTAINMENT HOLDINGS probability density function shows the probability of COAST Stock to fall within a particular range of prices over 90 days) . Probability of COAST ENTERTAINMENT price to stay between its current price of 0.44 and 3.14 at the end of the 90-day period is about 81.94 .
Assuming the 90 days trading horizon COAST ENTERTAINMENT has a beta of 0.25 suggesting as returns on the market go up, COAST ENTERTAINMENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding COAST ENTERTAINMENT HOLDINGS will be expected to be much smaller as well. Additionally COAST ENTERTAINMENT HOLDINGS 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. COAST ENTERTAINMENT Price Density |
| Price |
Predictive Modules for COAST ENTERTAINMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COAST ENTERTAINMENT. 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.COAST ENTERTAINMENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COAST ENTERTAINMENT is not an exception. The market had few large corrections towards the COAST ENTERTAINMENT'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 COAST ENTERTAINMENT HOLDINGS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COAST ENTERTAINMENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.08 |
COAST ENTERTAINMENT 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 COAST ENTERTAINMENT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COAST ENTERTAINMENT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COAST ENTERTAINMENT generated a negative expected return over the last 90 days | |
| COAST ENTERTAINMENT has some characteristics of a very speculative penny stock | |
| COAST ENTERTAINMENT has high likelihood to experience some financial distress in the next 2 years | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Gary Weiss Spends AU93k On Coast Entertainment Holdings Stock - Yahoo Finance |
COAST ENTERTAINMENT Technical Analysis
COAST ENTERTAINMENT's future price can be derived by breaking down and analyzing its technical indicators over time. COAST Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COAST ENTERTAINMENT HOLDINGS. In general, you should focus on analyzing COAST Stock price patterns and their correlations with different microeconomic environments and drivers.
COAST ENTERTAINMENT Predictive Forecast Models
COAST ENTERTAINMENT's time-series forecasting models is one of many COAST ENTERTAINMENT'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 COAST ENTERTAINMENT'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 COAST ENTERTAINMENT
Checking the ongoing alerts about COAST ENTERTAINMENT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COAST ENTERTAINMENT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COAST ENTERTAINMENT generated a negative expected return over the last 90 days | |
| COAST ENTERTAINMENT has some characteristics of a very speculative penny stock | |
| COAST ENTERTAINMENT has high likelihood to experience some financial distress in the next 2 years | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Gary Weiss Spends AU93k On Coast Entertainment Holdings Stock - Yahoo Finance |
Additional Tools for COAST Stock Analysis
When running COAST ENTERTAINMENT's price analysis, check to measure COAST ENTERTAINMENT'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 COAST ENTERTAINMENT is operating at the current time. Most of COAST ENTERTAINMENT's value examination focuses on studying past and present price action to predict the probability of COAST ENTERTAINMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COAST ENTERTAINMENT's price. Additionally, you may evaluate how the addition of COAST ENTERTAINMENT to your portfolios can decrease your overall portfolio volatility.