Calfrac Well Services Stock Probability of Future Pink Sheet Price Finishing Over 7.85
| CFWFF Stock | USD 2.74 0.02 0.72% |
Calfrac |
Calfrac Well Target Price Odds to finish over 7.85
The tendency of Calfrac 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 $ 7.85 or more in 90 days |
| 2.74 | 90 days | 7.85 | close to zero percent |
Based on a normal probability distribution, the odds of Calfrac Well to move over $ 7.85 or more in 90 days from now is close to zero percent (This Calfrac Well Services probability density function shows the probability of Calfrac Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Calfrac Well Services price to stay between its current price of $ 2.74 and $ 7.85 at the end of the 90-day period is about 85.16 .
Assuming the 90 days horizon Calfrac Well Services has a beta of -0.32 suggesting as returns on the benchmark increase, returns on holding Calfrac Well are expected to decrease at a much lower rate. During a bear market, however, Calfrac Well Services is likely to outperform the market. Additionally Calfrac Well Services 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. Calfrac Well Price Density |
| Price |
Predictive Modules for Calfrac Well
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calfrac Well Services. 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.Calfrac Well Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Calfrac Well is not an exception. The market had few large corrections towards the Calfrac Well'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 Calfrac Well Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Calfrac Well within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.1 |
Calfrac Well 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 Calfrac Well for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Calfrac Well Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Calfrac Well generated a negative expected return over the last 90 days | |
| Calfrac Well has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1 B. Net Loss for the year was (82.81 M) with loss before overhead, payroll, taxes, and interest of (26.82 M). | |
| Calfrac Well Services has accumulated about 17.44 M in cash with (15.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| Roughly 25.0% of the company shares are held by company insiders |
Calfrac Well 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 Calfrac Pink Sheet often depends not only on the future outlook of the current and potential Calfrac Well'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. Calfrac Well's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.7 M |
Calfrac Well Technical Analysis
Calfrac Well's future price can be derived by breaking down and analyzing its technical indicators over time. Calfrac Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Calfrac Well Services. In general, you should focus on analyzing Calfrac Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Calfrac Well Predictive Forecast Models
Calfrac Well's time-series forecasting models is one of many Calfrac Well'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 Calfrac Well'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 Calfrac Well Services
Checking the ongoing alerts about Calfrac Well for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Calfrac Well Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Calfrac Well generated a negative expected return over the last 90 days | |
| Calfrac Well has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1 B. Net Loss for the year was (82.81 M) with loss before overhead, payroll, taxes, and interest of (26.82 M). | |
| Calfrac Well Services has accumulated about 17.44 M in cash with (15.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| Roughly 25.0% of the company shares are held by company insiders |
Other Information on Investing in Calfrac Pink Sheet
Calfrac Well financial ratios help investors to determine whether Calfrac 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 Calfrac with respect to the benefits of owning Calfrac Well security.