Canfor Pulp Products Stock Probability of Future Pink Sheet Price Finishing Over 4.11
| CFPUF Stock | USD 0.62 0.04 6.06% |
Canfor |
Canfor Pulp Target Price Odds to finish over 4.11
The tendency of Canfor 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 move over $ 4.11 or more in 90 days |
| 0.62 | 90 days | 4.11 | close to zero percent |
Based on a normal probability distribution, the odds of Canfor Pulp to move over $ 4.11 or more in 90 days from now is close to zero percent (This Canfor Pulp Products probability density function shows the probability of Canfor Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Canfor Pulp Products price to stay between its current price of $ 0.62 and $ 4.11 at the end of the 90-day period is about 64.6 .
Assuming the 90 days horizon Canfor Pulp Products has a beta of -0.18 suggesting as returns on the benchmark increase, returns on holding Canfor Pulp are expected to decrease at a much lower rate. During a bear market, however, Canfor Pulp Products is likely to outperform the market. Additionally Canfor Pulp Products has an alpha of 0.1203, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Canfor Pulp Price Density |
| Price |
Predictive Modules for Canfor Pulp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canfor Pulp Products. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canfor Pulp'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.
Canfor Pulp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canfor Pulp is not an exception. The market had few large corrections towards the Canfor Pulp'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 Canfor Pulp Products, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canfor Pulp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.0062 |
Canfor Pulp 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 Canfor Pulp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canfor Pulp Products can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canfor Pulp Products has some characteristics of a very speculative penny stock | |
| Canfor Pulp Products had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.14 B. Net Loss for the year was (44.4 M) with profit before overhead, payroll, taxes, and interest of 282.8 M. | |
| About 55.0% of the company shares are held by company insiders |
Canfor Pulp 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 Canfor Pink Sheet often depends not only on the future outlook of the current and potential Canfor Pulp'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. Canfor Pulp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.2 M |
Canfor Pulp Technical Analysis
Canfor Pulp's future price can be derived by breaking down and analyzing its technical indicators over time. Canfor Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canfor Pulp Products. In general, you should focus on analyzing Canfor Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Canfor Pulp Predictive Forecast Models
Canfor Pulp's time-series forecasting models is one of many Canfor Pulp'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 Canfor Pulp'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.
Things to note about Canfor Pulp Products
Checking the ongoing alerts about Canfor Pulp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canfor Pulp Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canfor Pulp Products has some characteristics of a very speculative penny stock | |
| Canfor Pulp Products had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.14 B. Net Loss for the year was (44.4 M) with profit before overhead, payroll, taxes, and interest of 282.8 M. | |
| About 55.0% of the company shares are held by company insiders |
Other Information on Investing in Canfor Pink Sheet
Canfor Pulp financial ratios help investors to determine whether Canfor 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 Canfor with respect to the benefits of owning Canfor Pulp security.