Compania General (Chile) Probability of Future Stock Price Finishing Under 456.41
| CGE Stock | CLP 308.86 2.05 0.67% |
Compania |
Compania General Target Price Odds to finish below 456.41
The tendency of Compania 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 under 456.41 after 90 days |
| 308.86 | 90 days | 456.41 | close to 99 |
Based on a normal probability distribution, the odds of Compania General to stay under 456.41 after 90 days from now is close to 99 (This Compania General de probability density function shows the probability of Compania Stock to fall within a particular range of prices over 90 days) . Probability of Compania General price to stay between its current price of 308.86 and 456.41 at the end of the 90-day period is about 63.52 .
Assuming the 90 days trading horizon Compania General de has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding Compania General are expected to decrease at a much lower rate. During a bear market, however, Compania General de is likely to outperform the market. Additionally Compania General de has an alpha of 0.0941, implying that it can generate a 0.0941 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Compania General Price Density |
| Price |
Predictive Modules for Compania General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compania General. 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.Compania General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compania General is not an exception. The market had few large corrections towards the Compania General'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 Compania General de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compania General within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 9.55 | |
Ir | Information ratio | -0.03 |
Compania General 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 Compania General for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compania General can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compania General generated a negative expected return over the last 90 days | |
| About 98.0% of the company shares are held by company insiders |
Compania General 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 Compania Stock often depends not only on the future outlook of the current and potential Compania General'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. Compania General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B |
Compania General Technical Analysis
Compania General's future price can be derived by breaking down and analyzing its technical indicators over time. Compania Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compania General de. In general, you should focus on analyzing Compania Stock price patterns and their correlations with different microeconomic environments and drivers.
Compania General Predictive Forecast Models
Compania General's time-series forecasting models is one of many Compania General'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 Compania General'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 Compania General
Checking the ongoing alerts about Compania General for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compania General help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compania General generated a negative expected return over the last 90 days | |
| About 98.0% of the company shares are held by company insiders |
Other Information on Investing in Compania Stock
Compania General financial ratios help investors to determine whether Compania Stock 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 Compania with respect to the benefits of owning Compania General security.