Cambridge Technology (India) Probability of Future Stock Price Finishing Under 82.23
| CTE Stock | 84.12 1.85 2.25% |
Cambridge |
Cambridge Technology Target Price Odds to finish below 82.23
The tendency of Cambridge 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 82.23 or more in 90 days |
| 84.12 | 90 days | 82.23 | near 1 |
Based on a normal probability distribution, the odds of Cambridge Technology to drop to 82.23 or more in 90 days from now is near 1 (This Cambridge Technology Enterprises probability density function shows the probability of Cambridge Stock to fall within a particular range of prices over 90 days) . Probability of Cambridge Technology price to stay between 82.23 and its current price of 84.12 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Cambridge Technology Enterprises has a beta of -0.0026 suggesting as returns on the benchmark increase, returns on holding Cambridge Technology are expected to decrease at a much lower rate. During a bear market, however, Cambridge Technology Enterprises is likely to outperform the market. Additionally Cambridge Technology Enterprises has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Cambridge Technology Price Density |
| Price |
Predictive Modules for Cambridge Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambridge Technology. 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.Cambridge Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cambridge Technology is not an exception. The market had few large corrections towards the Cambridge Technology'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 Cambridge Technology Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cambridge Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.0026 | |
σ | Overall volatility | 6.66 | |
Ir | Information ratio | -0.17 |
Cambridge Technology 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 Cambridge Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cambridge Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cambridge Technology generated a negative expected return over the last 90 days | |
| Cambridge Technology is unlikely to experience financial distress in the next 2 years | |
| About 67.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Cambridge Technology Enterprises downgraded to Sell by MarketsMOJO due to poor long-term growth and declining profits - MarketsMojo |
Cambridge Technology 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 Cambridge Stock often depends not only on the future outlook of the current and potential Cambridge Technology'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. Cambridge Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.6 M | |
| Cash And Short Term Investments | 549.7 M |
Cambridge Technology Technical Analysis
Cambridge Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Cambridge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cambridge Technology Enterprises. In general, you should focus on analyzing Cambridge Stock price patterns and their correlations with different microeconomic environments and drivers.
Cambridge Technology Predictive Forecast Models
Cambridge Technology's time-series forecasting models is one of many Cambridge Technology'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 Cambridge Technology'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 Cambridge Technology
Checking the ongoing alerts about Cambridge Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cambridge Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cambridge Technology generated a negative expected return over the last 90 days | |
| Cambridge Technology is unlikely to experience financial distress in the next 2 years | |
| About 67.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Cambridge Technology Enterprises downgraded to Sell by MarketsMOJO due to poor long-term growth and declining profits - MarketsMojo |
Other Information on Investing in Cambridge Stock
Cambridge Technology financial ratios help investors to determine whether Cambridge 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 Cambridge with respect to the benefits of owning Cambridge Technology security.