Callon Petroleum Probability of Future Stock Price Finishing Over 39.08
| CPEDelisted Stock | USD 35.53 0.39 1.11% |
Callon |
Callon Petroleum Target Price Odds to finish over 39.08
The tendency of Callon 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 $ 39.08 or more in 90 days |
| 35.53 | 90 days | 39.08 | near 1 |
Based on a normal probability distribution, the odds of Callon Petroleum to move over $ 39.08 or more in 90 days from now is near 1 (This Callon Petroleum probability density function shows the probability of Callon Stock to fall within a particular range of prices over 90 days) . Probability of Callon Petroleum price to stay between its current price of $ 35.53 and $ 39.08 at the end of the 90-day period is about 5.18 .
Considering the 90-day investment horizon Callon Petroleum has a beta of 0.17 suggesting as returns on the market go up, Callon Petroleum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Callon Petroleum will be expected to be much smaller as well. Additionally Callon Petroleum has an alpha of 0.011, implying that it can generate a 0.011 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Callon Petroleum Price Density |
| Price |
Predictive Modules for Callon Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Callon Petroleum. 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.Callon Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Callon Petroleum is not an exception. The market had few large corrections towards the Callon Petroleum'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 Callon Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Callon Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.03 |
Callon Petroleum 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 Callon Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Callon Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Callon Petroleum is not yet fully synchronised with the market data | |
| Callon Petroleum has a very high chance of going through financial distress in the upcoming years | |
| Callon Petroleum has 1.92 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Callon Petroleum has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Callon to invest in growth at high rates of return. | |
| Over 93.0% of Callon Petroleum shares are held by institutions such as insurance companies |
Callon Petroleum 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 Callon Stock often depends not only on the future outlook of the current and potential Callon Petroleum'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. Callon Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64.9 M | |
| Cash And Short Term Investments | 3.3 M |
Callon Petroleum Technical Analysis
Callon Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Callon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Callon Petroleum. In general, you should focus on analyzing Callon Stock price patterns and their correlations with different microeconomic environments and drivers.
Callon Petroleum Predictive Forecast Models
Callon Petroleum's time-series forecasting models is one of many Callon Petroleum'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 Callon Petroleum'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 Callon Petroleum
Checking the ongoing alerts about Callon Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Callon Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Callon Petroleum is not yet fully synchronised with the market data | |
| Callon Petroleum has a very high chance of going through financial distress in the upcoming years | |
| Callon Petroleum has 1.92 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Callon Petroleum has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Callon to invest in growth at high rates of return. | |
| Over 93.0% of Callon Petroleum shares are held by institutions such as insurance companies |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Callon Stock
If you are still planning to invest in Callon Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Callon Petroleum's history and understand the potential risks before investing.
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