Civitas Resources Stock Probability of Future OTC Stock Price Finishing Over 8.82
| CIVIW Stock | 0.13 0.00 0.00% |
Civitas |
Civitas Resources Target Price Odds to finish over 8.82
The tendency of Civitas OTC 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 8.82 or more in 90 days |
| 0.13 | 90 days | 8.82 | close to zero percent |
Based on a normal probability distribution, the odds of Civitas Resources to move over 8.82 or more in 90 days from now is close to zero percent (This Civitas Resources probability density function shows the probability of Civitas OTC Stock to fall within a particular range of prices over 90 days) . Probability of Civitas Resources price to stay between its current price of 0.13 and 8.82 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Civitas Resources has a beta of 0.0912 suggesting as returns on the market go up, Civitas Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Civitas Resources will be expected to be much smaller as well. Additionally Civitas Resources 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. Civitas Resources Price Density |
| Price |
Predictive Modules for Civitas Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Civitas Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Civitas Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Civitas Resources is not an exception. The market had few large corrections towards the Civitas Resources' 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 Civitas Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Civitas Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.56 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.08 |
Civitas Resources 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 Civitas Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Civitas Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Civitas Resources generated a negative expected return over the last 90 days | |
| Civitas Resources has high historical volatility and very poor performance | |
| Civitas Resources has some characteristics of a very speculative penny stock |
Civitas Resources Technical Analysis
Civitas Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Civitas OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Civitas Resources. In general, you should focus on analyzing Civitas OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Civitas Resources Predictive Forecast Models
Civitas Resources' time-series forecasting models is one of many Civitas Resources' otc 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 Civitas Resources' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Civitas Resources
Checking the ongoing alerts about Civitas Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Civitas Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Civitas Resources generated a negative expected return over the last 90 days | |
| Civitas Resources has high historical volatility and very poor performance | |
| Civitas Resources has some characteristics of a very speculative penny stock |
Additional Tools for Civitas OTC Stock Analysis
When running Civitas Resources' price analysis, check to measure Civitas Resources' 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 Civitas Resources is operating at the current time. Most of Civitas Resources' value examination focuses on studying past and present price action to predict the probability of Civitas Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Civitas Resources' price. Additionally, you may evaluate how the addition of Civitas Resources to your portfolios can decrease your overall portfolio volatility.