Cheer Holding Stock Probability of Future Stock Price Finishing Over 12.06
| CHR Stock | 2.90 0.10 3.33% |
Cheer |
Cheer Holding Target Price Odds to finish over 12.06
The tendency of Cheer 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 12.06 or more in 90 days |
| 2.90 | 90 days | 12.06 | close to zero percent |
Based on a normal probability distribution, the odds of Cheer Holding to move over 12.06 or more in 90 days from now is close to zero percent (This Cheer Holding probability density function shows the probability of Cheer Stock to fall within a particular range of prices over 90 days) . Probability of Cheer Holding price to stay between its current price of 2.90 and 12.06 at the end of the 90-day period is about 27.14 .
Considering the 90-day investment horizon Cheer Holding has a beta of 0.0641 suggesting as returns on the market go up, Cheer Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cheer Holding will be expected to be much smaller as well. Additionally Cheer Holding has an alpha of 0.3768, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cheer Holding Price Density |
| Price |
Predictive Modules for Cheer Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cheer Holding. 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.Cheer Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cheer Holding is not an exception. The market had few large corrections towards the Cheer Holding'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 Cheer Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cheer Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | 0.09 |
Cheer Holding 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 Cheer Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cheer Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cheer Holding had very high historical volatility over the last 90 days | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from globenewswire.com: CHEERS Telepathy Ver. 2.5 Released, Marking Another Breakthrough in Technical Innovation and Application Capacity |
Cheer Holding 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 Cheer Stock often depends not only on the future outlook of the current and potential Cheer Holding'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. Cheer Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 194.5 M |
Cheer Holding Technical Analysis
Cheer Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Cheer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cheer Holding. In general, you should focus on analyzing Cheer Stock price patterns and their correlations with different microeconomic environments and drivers.
Cheer Holding Predictive Forecast Models
Cheer Holding's time-series forecasting models is one of many Cheer Holding'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 Cheer Holding'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 Cheer Holding
Checking the ongoing alerts about Cheer Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cheer Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cheer Holding had very high historical volatility over the last 90 days | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from globenewswire.com: CHEERS Telepathy Ver. 2.5 Released, Marking Another Breakthrough in Technical Innovation and Application Capacity |
Additional Tools for Cheer Stock Analysis
When running Cheer Holding's price analysis, check to measure Cheer Holding'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 Cheer Holding is operating at the current time. Most of Cheer Holding's value examination focuses on studying past and present price action to predict the probability of Cheer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheer Holding's price. Additionally, you may evaluate how the addition of Cheer Holding to your portfolios can decrease your overall portfolio volatility.