Cosmos Technology (Malaysia) Probability of Future Stock Price Finishing Over 2.55
| 0261 Stock | 0.37 0.01 2.78% |
Cosmos |
Cosmos Technology Target Price Odds to finish over 2.55
The tendency of Cosmos 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 2.55 or more in 90 days |
| 0.37 | 90 days | 2.55 | close to zero percent |
Based on a normal probability distribution, the odds of Cosmos Technology to move over 2.55 or more in 90 days from now is close to zero percent (This Cosmos Technology International probability density function shows the probability of Cosmos Stock to fall within a particular range of prices over 90 days) . Probability of Cosmos Technology price to stay between its current price of 0.37 and 2.55 at the end of the 90-day period is about 84.37 .
Assuming the 90 days trading horizon Cosmos Technology International has a beta of -0.0255. This suggests as returns on the benchmark increase, returns on holding Cosmos Technology are expected to decrease at a much lower rate. During a bear market, however, Cosmos Technology International is likely to outperform the market. Additionally Cosmos Technology International has an alpha of 0.0167, implying that it can generate a 0.0167 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cosmos Technology Price Density |
| Price |
Predictive Modules for Cosmos Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cosmos Technology. 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.Cosmos Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cosmos Technology is not an exception. The market had few large corrections towards the Cosmos Technology'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 Cosmos Technology International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cosmos Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Cosmos Technology 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 Cosmos Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cosmos Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cosmos Technology generated a negative expected return over the last 90 days | |
| Cosmos Technology has some characteristics of a very speculative penny stock |
Cosmos Technology Technical Analysis
Cosmos Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Cosmos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cosmos Technology International. In general, you should focus on analyzing Cosmos Stock price patterns and their correlations with different microeconomic environments and drivers.
Cosmos Technology Predictive Forecast Models
Cosmos Technology's time-series forecasting models is one of many Cosmos Technology'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 Cosmos Technology'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 Cosmos Technology
Checking the ongoing alerts about Cosmos Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cosmos Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cosmos Technology generated a negative expected return over the last 90 days | |
| Cosmos Technology has some characteristics of a very speculative penny stock |