Companhia (Brazil) Probability of Future Stock Price Finishing Over 25.89
| SAPR11 Stock | BRL 26.15 0.23 0.89% |
Companhia |
Companhia Target Price Odds to finish over 25.89
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 above R$ 25.89 in 90 days |
| 26.15 | 90 days | 25.89 | about 90.77 |
Based on a normal probability distribution, the odds of Companhia to stay above R$ 25.89 in 90 days from now is about 90.77 (This Companhia de Saneamento probability density function shows the probability of Companhia Stock to fall within a particular range of prices over 90 days) . Probability of Companhia de Saneamento price to stay between R$ 25.89 and its current price of R$26.15 at the end of the 90-day period is roughly 2.39 .
Assuming the 90 days trading horizon Companhia has a beta of 0.19. This usually implies as returns on the market go up, Companhia average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Companhia de Saneamento will be expected to be much smaller as well. Additionally Companhia de Saneamento 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 Price Density |
| Price |
Predictive Modules for Companhia
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 de Saneamento. 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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Companhia is not an exception. The market had few large corrections towards the Companhia'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 de Saneamento, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Companhia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.17 |
Companhia 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Companhia de Saneamento 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 generated a negative expected return over the last 90 days |
Companhia 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'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's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 503.7 M | |
| Cash And Short Term Investments | 946.1 M |
Companhia Technical Analysis
Companhia'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 de Saneamento. In general, you should focus on analyzing Companhia Stock price patterns and their correlations with different microeconomic environments and drivers.
Companhia Predictive Forecast Models
Companhia's time-series forecasting models is one of many Companhia'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'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 de Saneamento
Checking the ongoing alerts about Companhia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Companhia de Saneamento help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Companhia generated a negative expected return over the last 90 days |
Additional Information and Resources on Investing in Companhia Stock
When determining whether Companhia de Saneamento is a strong investment it is important to analyze Companhia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:Check out Companhia Backtesting, Companhia Valuation, Companhia Correlation, Companhia Hype Analysis, Companhia Volatility, Companhia History as well as Companhia Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.