Capital Power Stock Probability of Future Stock Price Finishing Over 62.19
| CPX Stock | CAD 62.28 0.24 0.39% |
Capital |
Capital Power Target Price Odds to finish over 62.19
The tendency of Capital 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 above C$ 62.19 in 90 days |
| 62.28 | 90 days | 62.19 | roughly 2.54 |
Based on a normal probability distribution, the odds of Capital Power to stay above C$ 62.19 in 90 days from now is roughly 2.54 (This Capital Power probability density function shows the probability of Capital Stock to fall within a particular range of prices over 90 days) . Probability of Capital Power price to stay between C$ 62.19 and its current price of C$62.28 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Capital Power has a beta of -0.3 suggesting as returns on the benchmark increase, returns on holding Capital Power are expected to decrease at a much lower rate. During a bear market, however, Capital Power is likely to outperform the market. Additionally Capital Power has an alpha of 0.5416, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Capital Power Price Density |
| Price |
Predictive Modules for Capital Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital Power. 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.Capital Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capital Power is not an exception. The market had few large corrections towards the Capital Power'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 Capital Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capital Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 5.27 | |
Ir | Information ratio | 0.23 |
Capital Power 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 Capital Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Capital Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Capital Power has accumulated 4.86 B in total debt with debt to equity ratio (D/E) of 1.08, which is about average as compared to similar companies. Capital Power has a current ratio of 0.78, 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 Capital Power until it has trouble settling it off, either with new capital or with free cash flow. So, Capital Power'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 Capital Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Capital to invest in growth at high rates of return. When we think about Capital Power's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: We Think That There Are More Issues For Capital Power Than Just Sluggish Earnings - Simply Wall St |
Capital Power 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 Capital Stock often depends not only on the future outlook of the current and potential Capital Power'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. Capital Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 117.5 M | |
| Cash And Short Term Investments | 1.4 B |
Capital Power Technical Analysis
Capital Power's future price can be derived by breaking down and analyzing its technical indicators over time. Capital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capital Power. In general, you should focus on analyzing Capital Stock price patterns and their correlations with different microeconomic environments and drivers.
Capital Power Predictive Forecast Models
Capital Power's time-series forecasting models is one of many Capital Power'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 Capital Power'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 Capital Power
Checking the ongoing alerts about Capital Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Capital Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Capital Power has accumulated 4.86 B in total debt with debt to equity ratio (D/E) of 1.08, which is about average as compared to similar companies. Capital Power has a current ratio of 0.78, 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 Capital Power until it has trouble settling it off, either with new capital or with free cash flow. So, Capital Power'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 Capital Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Capital to invest in growth at high rates of return. When we think about Capital Power's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: We Think That There Are More Issues For Capital Power Than Just Sluggish Earnings - Simply Wall St |
Other Information on Investing in Capital Stock
Capital Power financial ratios help investors to determine whether Capital Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Capital with respect to the benefits of owning Capital Power security.