Cinedigm Corp Probability of Future Stock Price Finishing Over 0.53
| CIDMDelisted Stock | USD 0.29 0.01 3.33% |
Cinedigm |
Cinedigm Corp Target Price Odds to finish over 0.53
The tendency of Cinedigm 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 $ 0.53 or more in 90 days |
| 0.29 | 90 days | 0.53 | about 6.54 |
Based on a normal probability distribution, the odds of Cinedigm Corp to move over $ 0.53 or more in 90 days from now is about 6.54 (This Cinedigm Corp probability density function shows the probability of Cinedigm Stock to fall within a particular range of prices over 90 days) . Probability of Cinedigm Corp price to stay between its current price of $ 0.29 and $ 0.53 at the end of the 90-day period is about 89.75 .
Given the investment horizon of 90 days Cinedigm Corp has a beta of 0.5 suggesting as returns on the market go up, Cinedigm Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cinedigm Corp will be expected to be much smaller as well. Additionally Cinedigm Corp 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. Cinedigm Corp Price Density |
| Price |
Predictive Modules for Cinedigm Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cinedigm Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cinedigm Corp'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.
Cinedigm Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cinedigm Corp is not an exception. The market had few large corrections towards the Cinedigm Corp'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 Cinedigm Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cinedigm Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.21 |
Cinedigm Corp 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 Cinedigm Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cinedigm Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cinedigm Corp is not yet fully synchronised with the market data | |
| Cinedigm Corp has some characteristics of a very speculative penny stock | |
| Cinedigm Corp has a very high chance of going through financial distress in the upcoming years | |
| Cinedigm Corp currently holds 4.24 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Cinedigm Corp has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Cinedigm Corp's use of debt, we should always consider it together with its cash and equity. | |
| About 14.0% of Cinedigm Corp shares are held by company insiders |
Cinedigm Corp 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 Cinedigm Stock often depends not only on the future outlook of the current and potential Cinedigm Corp'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. Cinedigm Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.8 M | |
| Cash And Short Term Investments | 13.1 M |
Cinedigm Corp Technical Analysis
Cinedigm Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Cinedigm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cinedigm Corp. In general, you should focus on analyzing Cinedigm Stock price patterns and their correlations with different microeconomic environments and drivers.
Cinedigm Corp Predictive Forecast Models
Cinedigm Corp's time-series forecasting models is one of many Cinedigm Corp'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 Cinedigm Corp'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 Cinedigm Corp
Checking the ongoing alerts about Cinedigm Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cinedigm Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cinedigm Corp is not yet fully synchronised with the market data | |
| Cinedigm Corp has some characteristics of a very speculative penny stock | |
| Cinedigm Corp has a very high chance of going through financial distress in the upcoming years | |
| Cinedigm Corp currently holds 4.24 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Cinedigm Corp has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Cinedigm Corp's use of debt, we should always consider it together with its cash and equity. | |
| About 14.0% of Cinedigm Corp shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Cinedigm Stock
If you are still planning to invest in Cinedigm Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cinedigm Corp's history and understand the potential risks before investing.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |