Canada Goose Holdings Stock Probability of Future Stock Price Finishing Under 11.38
| GOOS Stock | USD 9.99 0.01 0.10% |
Closest to current price Canada long CALL Option Payoff at Expiration
Canada |
Canada Goose Target Price Odds to finish below 11.38
The tendency of Canada 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 $ 11.38 after 90 days |
| 9.99 | 90 days | 11.38 | about 84.55 |
Based on a normal probability distribution, the odds of Canada Goose to stay under $ 11.38 after 90 days from now is about 84.55 (This Canada Goose Holdings probability density function shows the probability of Canada Stock to fall within a particular range of prices over 90 days) . Probability of Canada Goose Holdings price to stay between its current price of $ 9.99 and $ 11.38 at the end of the 90-day period is about 52.27 .
Given the investment horizon of 90 days Canada Goose has a beta of 0.32. This usually indicates as returns on the market go up, Canada Goose average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canada Goose Holdings will be expected to be much smaller as well. Additionally Canada Goose Holdings 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. Canada Goose Price Density |
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Predictive Modules for Canada Goose
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canada Goose Holdings. 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.Canada Goose Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canada Goose is not an exception. The market had few large corrections towards the Canada Goose'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 Canada Goose Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canada Goose within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | -0.05 |
Canada Goose 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 Canada Goose for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canada Goose Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canada Goose generated a negative expected return over the last 90 days | |
| Canada Goose has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: The Goldman Sachs Group Lowers Canada Goose Price Target to 8.00 - MarketBeat |
Canada Goose 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 Canada Stock often depends not only on the future outlook of the current and potential Canada Goose'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. Canada Goose's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.8 M | |
| Cash And Short Term Investments | 144.9 M |
Canada Goose Technical Analysis
Canada Goose's future price can be derived by breaking down and analyzing its technical indicators over time. Canada Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canada Goose Holdings. In general, you should focus on analyzing Canada Stock price patterns and their correlations with different microeconomic environments and drivers.
Canada Goose Predictive Forecast Models
Canada Goose's time-series forecasting models is one of many Canada Goose'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 Canada Goose'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 Canada Goose Holdings
Checking the ongoing alerts about Canada Goose for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canada Goose Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canada Goose generated a negative expected return over the last 90 days | |
| Canada Goose has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: The Goldman Sachs Group Lowers Canada Goose Price Target to 8.00 - MarketBeat |
Additional Tools for Canada Stock Analysis
When running Canada Goose's price analysis, check to measure Canada Goose'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 Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.