CMG Cleantech (France) Probability of Future Stock Price Finishing Over 5.62
| MLCMG Stock | EUR 1.19 0.01 0.83% |
CMG |
CMG Cleantech Target Price Odds to finish over 5.62
The tendency of CMG 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 over € 5.62 or more in 90 days |
| 1.19 | 90 days | 5.62 | close to zero percent |
Based on a normal probability distribution, the odds of CMG Cleantech to move over € 5.62 or more in 90 days from now is close to zero percent (This CMG Cleantech SA probability density function shows the probability of CMG Stock to fall within a particular range of prices over 90 days) . Probability of CMG Cleantech SA price to stay between its current price of € 1.19 and € 5.62 at the end of the 90-day period is about 29.12 .
Assuming the 90 days trading horizon CMG Cleantech SA has a beta of -0.75. This indicates as returns on the benchmark increase, returns on holding CMG Cleantech are expected to decrease at a much lower rate. During a bear market, however, CMG Cleantech SA is likely to outperform the market. Moreover CMG Cleantech SA has an alpha of 1.0296, implying that it can generate a 1.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CMG Cleantech Price Density |
| Price |
Predictive Modules for CMG Cleantech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CMG Cleantech SA. 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.CMG Cleantech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CMG Cleantech is not an exception. The market had few large corrections towards the CMG Cleantech'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 CMG Cleantech SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CMG Cleantech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.03 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.19 |
CMG Cleantech 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 CMG Cleantech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CMG Cleantech SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CMG Cleantech SA may become a speculative penny stock | |
| CMG Cleantech SA appears to be risky and price may revert if volatility continues | |
| CMG Cleantech SA has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.03, 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 CMG Cleantech until it has trouble settling it off, either with new capital or with free cash flow. So, CMG Cleantech's 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 CMG Cleantech SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CMG to invest in growth at high rates of return. When we think about CMG Cleantech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (178.86 K) with loss before overhead, payroll, taxes, and interest of (118.48 K). |
CMG Cleantech Technical Analysis
CMG Cleantech's future price can be derived by breaking down and analyzing its technical indicators over time. CMG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CMG Cleantech SA. In general, you should focus on analyzing CMG Stock price patterns and their correlations with different microeconomic environments and drivers.
CMG Cleantech Predictive Forecast Models
CMG Cleantech's time-series forecasting models is one of many CMG Cleantech'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 CMG Cleantech'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 CMG Cleantech SA
Checking the ongoing alerts about CMG Cleantech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CMG Cleantech SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CMG Cleantech SA may become a speculative penny stock | |
| CMG Cleantech SA appears to be risky and price may revert if volatility continues | |
| CMG Cleantech SA has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.03, 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 CMG Cleantech until it has trouble settling it off, either with new capital or with free cash flow. So, CMG Cleantech's 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 CMG Cleantech SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CMG to invest in growth at high rates of return. When we think about CMG Cleantech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (178.86 K) with loss before overhead, payroll, taxes, and interest of (118.48 K). |
Additional Tools for CMG Stock Analysis
When running CMG Cleantech's price analysis, check to measure CMG Cleantech'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 CMG Cleantech is operating at the current time. Most of CMG Cleantech's value examination focuses on studying past and present price action to predict the probability of CMG Cleantech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMG Cleantech's price. Additionally, you may evaluate how the addition of CMG Cleantech to your portfolios can decrease your overall portfolio volatility.