Circa Group (Norway) Probability of Future Stock Price Finishing Over 5.71
| CIRCA Stock | NOK 0.64 0.04 6.67% |
Circa |
Circa Group Target Price Odds to finish over 5.71
The tendency of Circa 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 5.71 or more in 90 days |
| 0.64 | 90 days | 5.71 | close to zero percent |
Based on a normal probability distribution, the odds of Circa Group to move over 5.71 or more in 90 days from now is close to zero percent (This Circa Group AS probability density function shows the probability of Circa Stock to fall within a particular range of prices over 90 days) . Probability of Circa Group AS price to stay between its current price of 0.64 and 5.71 at the end of the 90-day period is about 30.53 .
Assuming the 90 days trading horizon Circa Group AS has a beta of -1.27 suggesting as returns on its benchmark rise, returns on holding Circa Group AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Circa Group is expected to outperform its benchmark. Additionally Circa Group AS has an alpha of 0.3367, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Circa Group Price Density |
| Price |
Predictive Modules for Circa Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Circa Group AS. 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.Circa Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Circa Group is not an exception. The market had few large corrections towards the Circa Group'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 Circa Group AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Circa Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | -1.27 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.01 |
Circa Group 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 Circa Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Circa Group AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Circa Group AS is way too risky over 90 days horizon | |
| Circa Group AS has some characteristics of a very speculative penny stock | |
| Circa Group AS appears to be risky and price may revert if volatility continues | |
| Circa Group AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 922.88 K. Net Loss for the year was (7 M) with profit before overhead, payroll, taxes, and interest of 596.8 K. | |
| Circa Group AS has accumulated about 44.42 M in cash with (6.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 40.0% of the company shares are held by company insiders |
Circa Group 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 Circa Stock often depends not only on the future outlook of the current and potential Circa Group'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. Circa Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 121.4 M | |
| Cash And Short Term Investments | 44.4 M |
Circa Group Technical Analysis
Circa Group's future price can be derived by breaking down and analyzing its technical indicators over time. Circa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Circa Group AS. In general, you should focus on analyzing Circa Stock price patterns and their correlations with different microeconomic environments and drivers.
Circa Group Predictive Forecast Models
Circa Group's time-series forecasting models is one of many Circa Group'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 Circa Group'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 Circa Group AS
Checking the ongoing alerts about Circa Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Circa Group AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Circa Group AS is way too risky over 90 days horizon | |
| Circa Group AS has some characteristics of a very speculative penny stock | |
| Circa Group AS appears to be risky and price may revert if volatility continues | |
| Circa Group AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 922.88 K. Net Loss for the year was (7 M) with profit before overhead, payroll, taxes, and interest of 596.8 K. | |
| Circa Group AS has accumulated about 44.42 M in cash with (6.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 40.0% of the company shares are held by company insiders |
Other Information on Investing in Circa Stock
Circa Group financial ratios help investors to determine whether Circa 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 Circa with respect to the benefits of owning Circa Group security.