Canadian Net Real Stock Probability of Future Stock Price Finishing Under 2.40
| NET-UN Stock | 5.33 0.05 0.95% |
Canadian |
Canadian Net Target Price Odds to finish below 2.40
The tendency of Canadian 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 drop to 2.40 or more in 90 days |
| 5.33 | 90 days | 2.40 | near 1 |
Based on a normal probability distribution, the odds of Canadian Net to drop to 2.40 or more in 90 days from now is near 1 (This Canadian Net Real probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) . Probability of Canadian Net Real price to stay between 2.40 and its current price of 5.33 at the end of the 90-day period is about 9.62 .
Assuming the 90 days trading horizon Canadian Net has a beta of 0.17. This indicates as returns on the market go up, Canadian Net average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canadian Net Real will be expected to be much smaller as well. Additionally Canadian Net Real 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. Canadian Net Price Density |
| Price |
Predictive Modules for Canadian Net
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canadian Net Real. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Net's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Canadian Net Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canadian Net is not an exception. The market had few large corrections towards the Canadian Net'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 Canadian Net Real, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canadian Net within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.19 |
Canadian Net 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 Canadian Net for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canadian Net Real can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canadian Net Real generated a negative expected return over the last 90 days | |
| Canadian Net Real has high likelihood to experience some financial distress in the next 2 years | |
| About 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Canadian Net Real Estate Investment Trust Reports Third Quarter 2024 Earnings - Yahoo Finance |
Canadian Net 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 Canadian Stock often depends not only on the future outlook of the current and potential Canadian Net'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. Canadian Net's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.5 M | |
| Dividends Paid | 7.1 M | |
| Forward Annual Dividend Rate | 0.35 | |
| Shares Float | 17.4 M |
Canadian Net Technical Analysis
Canadian Net's future price can be derived by breaking down and analyzing its technical indicators over time. Canadian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canadian Net Real. In general, you should focus on analyzing Canadian Stock price patterns and their correlations with different microeconomic environments and drivers.
Canadian Net Predictive Forecast Models
Canadian Net's time-series forecasting models is one of many Canadian Net'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 Canadian Net'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 Canadian Net Real
Checking the ongoing alerts about Canadian Net for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canadian Net Real help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canadian Net Real generated a negative expected return over the last 90 days | |
| Canadian Net Real has high likelihood to experience some financial distress in the next 2 years | |
| About 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Canadian Net Real Estate Investment Trust Reports Third Quarter 2024 Earnings - Yahoo Finance |
Other Information on Investing in Canadian Stock
Canadian Net financial ratios help investors to determine whether Canadian Stock 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 Canadian with respect to the benefits of owning Canadian Net security.