Ctt Correios Stock Probability of Future Pink Sheet Price Finishing Over 8.40
| CTTOF Stock | USD 8.40 0.00 0.00% |
CTT |
CTT Correios Target Price Odds to finish over 8.40
The tendency of CTT 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 move above the current price in 90 days |
| 8.40 | 90 days | 8.40 | about 50.0 |
Based on a normal probability distribution, the odds of CTT Correios to move above the current price in 90 days from now is about 50.0 (This CTT Correios probability density function shows the probability of CTT Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon CTT Correios has a beta of -0.0578 suggesting as returns on the benchmark increase, returns on holding CTT Correios are expected to decrease at a much lower rate. During a bear market, however, CTT Correios is likely to outperform the market. Additionally CTT Correios 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. CTT Correios Price Density |
| Price |
Predictive Modules for CTT Correios
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CTT Correios. 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.CTT Correios Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CTT Correios is not an exception. The market had few large corrections towards the CTT Correios' 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 CTT Correios, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CTT Correios within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.19 |
CTT Correios 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 CTT Correios for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CTT Correios can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CTT Correios generated a negative expected return over the last 90 days | |
| CTT Correios has accumulated 339.92 M in total debt with debt to equity ratio (D/E) of 3.51, implying the company greatly relies on financing operations through barrowing. CTT Correios has a current ratio of 0.6, 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 CTT Correios until it has trouble settling it off, either with new capital or with free cash flow. So, CTT Correios' 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 CTT Correios sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CTT to invest in growth at high rates of return. When we think about CTT Correios' use of debt, we should always consider it together with cash and equity. | |
| About 29.0% of CTT Correios shares are held by company insiders |
CTT Correios 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 CTT Pink Sheet often depends not only on the future outlook of the current and potential CTT Correios' 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. CTT Correios' indicators that are reflective of the short sentiment are summarized in the table below.
CTT Correios Technical Analysis
CTT Correios' future price can be derived by breaking down and analyzing its technical indicators over time. CTT Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CTT Correios. In general, you should focus on analyzing CTT Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
CTT Correios Predictive Forecast Models
CTT Correios' time-series forecasting models is one of many CTT Correios' 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 CTT Correios' 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 CTT Correios
Checking the ongoing alerts about CTT Correios for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CTT Correios help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CTT Correios generated a negative expected return over the last 90 days | |
| CTT Correios has accumulated 339.92 M in total debt with debt to equity ratio (D/E) of 3.51, implying the company greatly relies on financing operations through barrowing. CTT Correios has a current ratio of 0.6, 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 CTT Correios until it has trouble settling it off, either with new capital or with free cash flow. So, CTT Correios' 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 CTT Correios sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CTT to invest in growth at high rates of return. When we think about CTT Correios' use of debt, we should always consider it together with cash and equity. | |
| About 29.0% of CTT Correios shares are held by company insiders |
Other Information on Investing in CTT Pink Sheet
CTT Correios financial ratios help investors to determine whether CTT Pink Sheet 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 CTT with respect to the benefits of owning CTT Correios security.