Companhia Paranaense De Stock Probability of Future Stock Price Finishing Under 5.87
| ELPC Stock | 5.85 0.18 3.17% |
Companhia |
Companhia Paranaense Target Price Odds to finish below 5.87
The tendency of Companhia 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 stay under 5.87 after 90 days |
| 5.85 | 90 days | 5.87 | about 11.1 |
Based on a normal probability distribution, the odds of Companhia Paranaense to stay under 5.87 after 90 days from now is about 11.1 (This Companhia Paranaense de probability density function shows the probability of Companhia Stock to fall within a particular range of prices over 90 days) . Probability of Companhia Paranaense price to stay between its current price of 5.85 and 5.87 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Companhia Paranaense de has a beta of -0.22 suggesting as returns on the benchmark increase, returns on holding Companhia Paranaense are expected to decrease at a much lower rate. During a bear market, however, Companhia Paranaense de is likely to outperform the market. Additionally Companhia Paranaense de 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. Companhia Paranaense Price Density |
| Price |
Predictive Modules for Companhia Paranaense
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Companhia Paranaense. 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.Companhia Paranaense Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Companhia Paranaense is not an exception. The market had few large corrections towards the Companhia Paranaense'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 Companhia Paranaense de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Companhia Paranaense within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.15 |
Companhia Paranaense 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 Companhia Paranaense for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Companhia Paranaense can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Companhia Paranaense generated a negative expected return over the last 90 days | |
| Companhia Paranaense has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Companhia Paranaense de Energia - COPEL Hits New 1-Year Low - Should You Sell - MarketBeat |
Companhia Paranaense 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 Companhia Stock often depends not only on the future outlook of the current and potential Companhia Paranaense'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. Companhia Paranaense's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 B |
Companhia Paranaense Technical Analysis
Companhia Paranaense's future price can be derived by breaking down and analyzing its technical indicators over time. Companhia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Companhia Paranaense de. In general, you should focus on analyzing Companhia Stock price patterns and their correlations with different microeconomic environments and drivers.
Companhia Paranaense Predictive Forecast Models
Companhia Paranaense's time-series forecasting models is one of many Companhia Paranaense'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 Companhia Paranaense'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 Companhia Paranaense
Checking the ongoing alerts about Companhia Paranaense for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Companhia Paranaense help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Companhia Paranaense generated a negative expected return over the last 90 days | |
| Companhia Paranaense has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Companhia Paranaense de Energia - COPEL Hits New 1-Year Low - Should You Sell - MarketBeat |
Check out Companhia Paranaense Backtesting, Companhia Paranaense Valuation, Companhia Paranaense Correlation, Companhia Paranaense Hype Analysis, Companhia Paranaense Volatility, Companhia Paranaense History as well as Companhia Paranaense Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Paranaense. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Paranaense listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.69 | Dividend Share 0.38 | Earnings Share 0.57 | Revenue Per Share 7.441 | Quarterly Revenue Growth 0.035 |
The market value of Companhia Paranaense is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Paranaense's value that differs from its market value or its book value, called intrinsic value, which is Companhia Paranaense's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Paranaense's market value can be influenced by many factors that don't directly affect Companhia Paranaense's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Paranaense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Paranaense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Paranaense's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.