Core Molding Technologies Stock Probability of Future Stock Price Finishing Over 19.41
| CMT Stock | USD 17.50 0.62 3.67% |
Core |
Core Molding Target Price Odds to finish over 19.41
The tendency of Core 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 $ 19.41 or more in 90 days |
| 17.50 | 90 days | 19.41 | near 1 |
Based on a normal probability distribution, the odds of Core Molding to move over $ 19.41 or more in 90 days from now is near 1 (This Core Molding Technologies probability density function shows the probability of Core Stock to fall within a particular range of prices over 90 days) . Probability of Core Molding Technologies price to stay between its current price of $ 17.50 and $ 19.41 at the end of the 90-day period is about 28.73 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.03 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Core Molding will likely underperform. Additionally Core Molding Technologies 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. Core Molding Price Density |
| Price |
Predictive Modules for Core Molding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Core Molding Technologies. 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.Core Molding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Core Molding is not an exception. The market had few large corrections towards the Core Molding'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 Core Molding Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Core Molding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 2.03 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.05 |
Core Molding 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 Core Molding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Core Molding Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Core Molding generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Core Molding Technologies to Engage with Investors - TipRanks |
Core Molding 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 Core Stock often depends not only on the future outlook of the current and potential Core Molding'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. Core Molding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.8 M | |
| Cash And Short Term Investments | 24.1 M |
Core Molding Technical Analysis
Core Molding's future price can be derived by breaking down and analyzing its technical indicators over time. Core Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Core Molding Technologies. In general, you should focus on analyzing Core Stock price patterns and their correlations with different microeconomic environments and drivers.
Core Molding Predictive Forecast Models
Core Molding's time-series forecasting models is one of many Core Molding'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 Core Molding'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 Core Molding Technologies
Checking the ongoing alerts about Core Molding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Core Molding Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Core Molding generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Core Molding Technologies to Engage with Investors - TipRanks |
Additional Tools for Core Stock Analysis
When running Core Molding's price analysis, check to measure Core Molding'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 Core Molding is operating at the current time. Most of Core Molding's value examination focuses on studying past and present price action to predict the probability of Core Molding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Molding's price. Additionally, you may evaluate how the addition of Core Molding to your portfolios can decrease your overall portfolio volatility.