Corticeira Amorim (Portugal) Probability of Future Stock Price Finishing Under 8.65
| COR Stock | EUR 8.26 0.01 0.12% |
Corticeira |
Corticeira Amorim Target Price Odds to finish below 8.65
The tendency of Corticeira 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 stay under € 8.65 after 90 days |
| 8.26 | 90 days | 8.65 | about 53.54 |
Based on a normal probability distribution, the odds of Corticeira Amorim to stay under € 8.65 after 90 days from now is about 53.54 (This Corticeira Amorim probability density function shows the probability of Corticeira Stock to fall within a particular range of prices over 90 days) . Probability of Corticeira Amorim price to stay between its current price of € 8.26 and € 8.65 at the end of the 90-day period is about 41.57 .
Assuming the 90 days trading horizon Corticeira Amorim has a beta of 0.45 suggesting as returns on the market go up, Corticeira Amorim average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Corticeira Amorim will be expected to be much smaller as well. Additionally Corticeira Amorim 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. Corticeira Amorim Price Density |
| Price |
Predictive Modules for Corticeira Amorim
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Corticeira Amorim. 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.Corticeira Amorim Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Corticeira Amorim is not an exception. The market had few large corrections towards the Corticeira Amorim'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 Corticeira Amorim, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Corticeira Amorim within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.25 |
Corticeira Amorim 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 Corticeira Amorim for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Corticeira Amorim can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Corticeira Amorim generated a negative expected return over the last 90 days | |
| About 71.0% of the company shares are held by company insiders |
Corticeira Amorim 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 Corticeira Stock often depends not only on the future outlook of the current and potential Corticeira Amorim'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. Corticeira Amorim's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 133 M |
Corticeira Amorim Technical Analysis
Corticeira Amorim's future price can be derived by breaking down and analyzing its technical indicators over time. Corticeira Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Corticeira Amorim. In general, you should focus on analyzing Corticeira Stock price patterns and their correlations with different microeconomic environments and drivers.
Corticeira Amorim Predictive Forecast Models
Corticeira Amorim's time-series forecasting models is one of many Corticeira Amorim'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 Corticeira Amorim'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 Corticeira Amorim
Checking the ongoing alerts about Corticeira Amorim for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Corticeira Amorim help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Corticeira Amorim generated a negative expected return over the last 90 days | |
| About 71.0% of the company shares are held by company insiders |
Additional Tools for Corticeira Stock Analysis
When running Corticeira Amorim's price analysis, check to measure Corticeira Amorim'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 Corticeira Amorim is operating at the current time. Most of Corticeira Amorim's value examination focuses on studying past and present price action to predict the probability of Corticeira Amorim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corticeira Amorim's price. Additionally, you may evaluate how the addition of Corticeira Amorim to your portfolios can decrease your overall portfolio volatility.