Capricorn Energy Plc Stock Probability of Future Pink Sheet Price Finishing Over 5.64
| CRNCY Stock | USD 5.70 0.40 7.55% |
Capricorn |
Capricorn Energy Target Price Odds to finish over 5.64
The tendency of Capricorn 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 stay above $ 5.64 in 90 days |
| 5.70 | 90 days | 5.64 | about 53.19 |
Based on a normal probability distribution, the odds of Capricorn Energy to stay above $ 5.64 in 90 days from now is about 53.19 (This Capricorn Energy PLC probability density function shows the probability of Capricorn Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Capricorn Energy PLC price to stay between $ 5.64 and its current price of $5.7 at the end of the 90-day period is about 9.54 .
Assuming the 90 days horizon Capricorn Energy PLC has a beta of -0.6 suggesting as returns on the benchmark increase, returns on holding Capricorn Energy are expected to decrease at a much lower rate. During a bear market, however, Capricorn Energy PLC is likely to outperform the market. Additionally Capricorn Energy PLC has an alpha of 0.0148, implying that it can generate a 0.0148 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Capricorn Energy Price Density |
| Price |
Predictive Modules for Capricorn Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capricorn Energy PLC. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capricorn Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Capricorn Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capricorn Energy is not an exception. The market had few large corrections towards the Capricorn Energy'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 Capricorn Energy PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capricorn Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.07 |
Capricorn Energy 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 Capricorn Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Capricorn Energy 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.| Capricorn Energy PLC generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: CKX Lands stock touches 52-week low at 12.4 amid market shifts - Investing.com |
Capricorn Energy 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 Capricorn Pink Sheet often depends not only on the future outlook of the current and potential Capricorn Energy'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. Capricorn Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 497.2 M |
Capricorn Energy Technical Analysis
Capricorn Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Capricorn Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capricorn Energy PLC. In general, you should focus on analyzing Capricorn Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Capricorn Energy Predictive Forecast Models
Capricorn Energy's time-series forecasting models is one of many Capricorn Energy'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 Capricorn Energy'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 Capricorn Energy PLC
Checking the ongoing alerts about Capricorn Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Capricorn Energy PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Capricorn Energy PLC generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: CKX Lands stock touches 52-week low at 12.4 amid market shifts - Investing.com |
Additional Tools for Capricorn Pink Sheet Analysis
When running Capricorn Energy's price analysis, check to measure Capricorn Energy'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 Capricorn Energy is operating at the current time. Most of Capricorn Energy's value examination focuses on studying past and present price action to predict the probability of Capricorn Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capricorn Energy's price. Additionally, you may evaluate how the addition of Capricorn Energy to your portfolios can decrease your overall portfolio volatility.