Cathay Pacific Airways Stock Probability of Future Pink Sheet Price Finishing Under 4.07
| CPCAY Stock | USD 6.05 0.08 1.34% |
Cathay |
Cathay Pacific Target Price Odds to finish below 4.07
The tendency of Cathay Pink Sheet 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 $ 4.07 or more in 90 days |
| 6.05 | 90 days | 4.07 | near 1 |
Based on a normal probability distribution, the odds of Cathay Pacific to drop to $ 4.07 or more in 90 days from now is near 1 (This Cathay Pacific Airways probability density function shows the probability of Cathay Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Cathay Pacific Airways price to stay between $ 4.07 and its current price of $6.05 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Cathay Pacific Airways has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding Cathay Pacific are expected to decrease at a much lower rate. During a bear market, however, Cathay Pacific Airways is likely to outperform the market. Additionally Cathay Pacific Airways has an alpha of 0.3328, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cathay Pacific Price Density |
| Price |
Predictive Modules for Cathay Pacific
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cathay Pacific Airways. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Cathay Pacific Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cathay Pacific is not an exception. The market had few large corrections towards the Cathay Pacific'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 Cathay Pacific Airways, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cathay Pacific within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.11 |
Cathay Pacific 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 Cathay Pacific for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cathay Pacific Airways can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cathay Pacific Airways has accumulated 39.06 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Cathay Pacific Airways has a current ratio of 0.62, 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 Cathay Pacific until it has trouble settling it off, either with new capital or with free cash flow. So, Cathay Pacific'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 Cathay Pacific Airways sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cathay to invest in growth at high rates of return. When we think about Cathay Pacific's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 45.59 B. Net Loss for the year was (5.53 B) with profit before overhead, payroll, taxes, and interest of 15.89 B. |
Cathay Pacific 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 Cathay Pink Sheet often depends not only on the future outlook of the current and potential Cathay Pacific'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. Cathay Pacific's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 19.3 B |
Cathay Pacific Technical Analysis
Cathay Pacific's future price can be derived by breaking down and analyzing its technical indicators over time. Cathay Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cathay Pacific Airways. In general, you should focus on analyzing Cathay Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Cathay Pacific Predictive Forecast Models
Cathay Pacific's time-series forecasting models is one of many Cathay Pacific's pink sheet 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 Cathay Pacific'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Cathay Pacific Airways
Checking the ongoing alerts about Cathay Pacific for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cathay Pacific Airways help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cathay Pacific Airways has accumulated 39.06 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Cathay Pacific Airways has a current ratio of 0.62, 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 Cathay Pacific until it has trouble settling it off, either with new capital or with free cash flow. So, Cathay Pacific'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 Cathay Pacific Airways sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cathay to invest in growth at high rates of return. When we think about Cathay Pacific's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 45.59 B. Net Loss for the year was (5.53 B) with profit before overhead, payroll, taxes, and interest of 15.89 B. |
Additional Tools for Cathay Pink Sheet Analysis
When running Cathay Pacific's price analysis, check to measure Cathay Pacific'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 Cathay Pacific is operating at the current time. Most of Cathay Pacific's value examination focuses on studying past and present price action to predict the probability of Cathay Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Pacific's price. Additionally, you may evaluate how the addition of Cathay Pacific to your portfolios can decrease your overall portfolio volatility.