Cordel Group (UK) Probability of Future Stock Price Finishing Under 5.92
| CRDL Stock | 6.63 0.38 6.08% |
Cordel |
Cordel Group Target Price Odds to finish below 5.92
The tendency of Cordel 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 5.92 or more in 90 days |
| 6.63 | 90 days | 5.92 | about 41.94 |
Based on a normal probability distribution, the odds of Cordel Group to drop to 5.92 or more in 90 days from now is about 41.94 (This Cordel Group PLC probability density function shows the probability of Cordel Stock to fall within a particular range of prices over 90 days) . Probability of Cordel Group PLC price to stay between 5.92 and its current price of 6.63 at the end of the 90-day period is about 39.31 .
Assuming the 90 days trading horizon Cordel Group PLC has a beta of -0.98 suggesting Additionally Cordel Group PLC has an alpha of 0.4891, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cordel Group Price Density |
| Price |
Predictive Modules for Cordel Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cordel Group PLC. 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.Cordel Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cordel Group is not an exception. The market had few large corrections towards the Cordel Group'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 Cordel Group PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cordel Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -0.98 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.07 |
Cordel Group 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 Cordel Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cordel Group PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cordel Group PLC had very high historical volatility over the last 90 days | |
| The company reported the revenue of 4.44 M. Net Loss for the year was (1.3 M) with loss before overhead, payroll, taxes, and interest of (693.91 K). | |
| Cordel Group generates negative cash flow from operations | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Cordel Group PLC Leadership Stakes Rise - MSN |
Cordel Group 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 Cordel Stock often depends not only on the future outlook of the current and potential Cordel Group'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. Cordel Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.5 M | |
| Cash And Short Term Investments | 1 M |
Cordel Group Technical Analysis
Cordel Group's future price can be derived by breaking down and analyzing its technical indicators over time. Cordel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cordel Group PLC. In general, you should focus on analyzing Cordel Stock price patterns and their correlations with different microeconomic environments and drivers.
Cordel Group Predictive Forecast Models
Cordel Group's time-series forecasting models is one of many Cordel Group'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 Cordel Group'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 Cordel Group PLC
Checking the ongoing alerts about Cordel Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cordel Group PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cordel Group PLC had very high historical volatility over the last 90 days | |
| The company reported the revenue of 4.44 M. Net Loss for the year was (1.3 M) with loss before overhead, payroll, taxes, and interest of (693.91 K). | |
| Cordel Group generates negative cash flow from operations | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Cordel Group PLC Leadership Stakes Rise - MSN |
Additional Tools for Cordel Stock Analysis
When running Cordel Group's price analysis, check to measure Cordel Group'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 Cordel Group is operating at the current time. Most of Cordel Group's value examination focuses on studying past and present price action to predict the probability of Cordel Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cordel Group's price. Additionally, you may evaluate how the addition of Cordel Group to your portfolios can decrease your overall portfolio volatility.