Cofinimmo (Belgium) Probability of Future Stock Price Finishing Under 43.89
| COFB Stock | EUR 54.90 0.70 1.26% |
Cofinimmo |
Cofinimmo Target Price Odds to finish below 43.89
The tendency of Cofinimmo 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 drop to € 43.89 or more in 90 days |
| 54.90 | 90 days | 43.89 | near 1 |
Based on a normal probability distribution, the odds of Cofinimmo to drop to € 43.89 or more in 90 days from now is near 1 (This Cofinimmo SA probability density function shows the probability of Cofinimmo Stock to fall within a particular range of prices over 90 days) . Probability of Cofinimmo SA price to stay between € 43.89 and its current price of €54.9 at the end of the 90-day period is about 1.54 .
Assuming the 90 days trading horizon Cofinimmo has a beta of 0.0312 suggesting as returns on the market go up, Cofinimmo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cofinimmo SA will be expected to be much smaller as well. Additionally Cofinimmo SA 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. Cofinimmo Price Density |
| Price |
Predictive Modules for Cofinimmo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cofinimmo SA. 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.Cofinimmo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cofinimmo is not an exception. The market had few large corrections towards the Cofinimmo'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 Cofinimmo SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cofinimmo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 3.54 | |
Ir | Information ratio | -0.21 |
Cofinimmo 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 Cofinimmo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cofinimmo SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cofinimmo SA generated a negative expected return over the last 90 days | |
| Cofinimmo SA has accumulated 1.47 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. Cofinimmo SA has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cofinimmo until it has trouble settling it off, either with new capital or with free cash flow. So, Cofinimmo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cofinimmo SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cofinimmo to invest in growth at high rates of return. When we think about Cofinimmo's use of debt, we should always consider it together with cash and equity. |
Cofinimmo 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 Cofinimmo Stock often depends not only on the future outlook of the current and potential Cofinimmo'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. Cofinimmo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.5 M | |
| Cash And Short Term Investments | 19.9 M |
Cofinimmo Technical Analysis
Cofinimmo's future price can be derived by breaking down and analyzing its technical indicators over time. Cofinimmo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cofinimmo SA. In general, you should focus on analyzing Cofinimmo Stock price patterns and their correlations with different microeconomic environments and drivers.
Cofinimmo Predictive Forecast Models
Cofinimmo's time-series forecasting models is one of many Cofinimmo'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 Cofinimmo'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 Cofinimmo SA
Checking the ongoing alerts about Cofinimmo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cofinimmo SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cofinimmo SA generated a negative expected return over the last 90 days | |
| Cofinimmo SA has accumulated 1.47 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. Cofinimmo SA has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cofinimmo until it has trouble settling it off, either with new capital or with free cash flow. So, Cofinimmo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cofinimmo SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cofinimmo to invest in growth at high rates of return. When we think about Cofinimmo's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Cofinimmo Stock Analysis
When running Cofinimmo's price analysis, check to measure Cofinimmo'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 Cofinimmo is operating at the current time. Most of Cofinimmo's value examination focuses on studying past and present price action to predict the probability of Cofinimmo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofinimmo's price. Additionally, you may evaluate how the addition of Cofinimmo to your portfolios can decrease your overall portfolio volatility.