Cool Company (Norway) Probability of Future Stock Price Finishing Under 95.75
| CLCO Stock | 95.75 6.25 6.13% |
Cool |
Cool Company Target Price Odds to finish below 95.75
The tendency of Cool 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 below current price in 90 days |
| 95.75 | 90 days | 95.75 | near 1 |
Based on a normal probability distribution, the odds of Cool Company to move below current price in 90 days from now is near 1 (This Cool Company Oy probability density function shows the probability of Cool Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cool Company has a beta of 0.22 suggesting as returns on the market go up, Cool Company average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cool Company Oy will be expected to be much smaller as well. Additionally Cool Company Oy 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. Cool Company Price Density |
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Predictive Modules for Cool Company
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cool Company Oy. 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.Cool Company Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cool Company is not an exception. The market had few large corrections towards the Cool Company'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 Cool Company Oy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cool Company within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 5.62 | |
Ir | Information ratio | -0.14 |
Cool Company 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 Cool Company for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cool Company Oy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cool Company Oy generated a negative expected return over the last 90 days |
Cool Company Technical Analysis
Cool Company's future price can be derived by breaking down and analyzing its technical indicators over time. Cool Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cool Company Oy. In general, you should focus on analyzing Cool Stock price patterns and their correlations with different microeconomic environments and drivers.
Cool Company Predictive Forecast Models
Cool Company's time-series forecasting models is one of many Cool Company'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 Cool Company'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 Cool Company Oy
Checking the ongoing alerts about Cool Company for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cool Company Oy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cool Company Oy generated a negative expected return over the last 90 days |