Calix (Australia) Chance of Future Stock Price Finishing Over 0.81
| CXL Stock | 0.81 0.01 1.25% |
Calix |
Calix Target Price Odds to finish over 0.81
The tendency of Calix 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 move above the current price in 90 days |
| 0.81 | 90 days | 0.81 | about 90.88 |
Based on a normal probability distribution, the odds of Calix to move above the current price in 90 days from now is about 90.88 (This Calix probability density function shows the probability of Calix Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Calix has a beta of 0.0071 suggesting as returns on the market go up, Calix average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Calix will be expected to be much smaller as well. Additionally Calix has an alpha of 0.0343, implying that it can generate a 0.0343 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Calix Price Density |
| Price |
Predictive Modules for Calix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calix. 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.Calix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Calix is not an exception. The market had few large corrections towards the Calix'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 Calix, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Calix within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.02 |
Calix 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 Calix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Calix can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Calix generated a negative expected return over the last 90 days | |
| Calix has high historical volatility and very poor performance | |
| Calix has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 24.19 M. Net Loss for the year was (25.26 M) with profit before overhead, payroll, taxes, and interest of 6.2 M. | |
| Calix generates negative cash flow from operations | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Calix Expands CommandIQ App to Support 160 Third-Party Gateways, Enhances Network Management CALX Stock News - StockTitan |
Calix 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 Calix Stock often depends not only on the future outlook of the current and potential Calix'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. Calix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 181.5 M | |
| Cash And Short Term Investments | 43 M |
Calix Technical Analysis
Calix's future price can be derived by breaking down and analyzing its technical indicators over time. Calix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Calix. In general, you should focus on analyzing Calix Stock price patterns and their correlations with different microeconomic environments and drivers.
Calix Predictive Forecast Models
Calix's time-series forecasting models is one of many Calix'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 Calix'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 Calix
Checking the ongoing alerts about Calix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Calix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Calix generated a negative expected return over the last 90 days | |
| Calix has high historical volatility and very poor performance | |
| Calix has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 24.19 M. Net Loss for the year was (25.26 M) with profit before overhead, payroll, taxes, and interest of 6.2 M. | |
| Calix generates negative cash flow from operations | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Calix Expands CommandIQ App to Support 160 Third-Party Gateways, Enhances Network Management CALX Stock News - StockTitan |
Additional Tools for Calix Stock Analysis
When running Calix's price analysis, check to measure Calix'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 Calix is operating at the current time. Most of Calix's value examination focuses on studying past and present price action to predict the probability of Calix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calix's price. Additionally, you may evaluate how the addition of Calix to your portfolios can decrease your overall portfolio volatility.