CPE Technology (Malaysia) Probability of Future Stock Price Finishing Under 0.01
| 5317 Stock | 0.91 0.01 1.11% |
CPE |
CPE Technology Target Price Odds to finish below 0.01
The tendency of CPE 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 0.01 or more in 90 days |
| 0.91 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of CPE Technology to drop to 0.01 or more in 90 days from now is near 1 (This CPE Technology Berhad probability density function shows the probability of CPE Stock to fall within a particular range of prices over 90 days) . Probability of CPE Technology Berhad price to stay between 0.01 and its current price of 0.91 at the end of the 90-day period is about 49.93 .
Assuming the 90 days trading horizon CPE Technology has a beta of 0.19. This suggests as returns on the market go up, CPE Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CPE Technology Berhad will be expected to be much smaller as well. Additionally CPE Technology Berhad 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. CPE Technology Price Density |
| Price |
Predictive Modules for CPE 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 CPE Technology Berhad. 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.CPE Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CPE Technology is not an exception. The market had few large corrections towards the CPE 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 CPE Technology Berhad, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CPE Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.07 |
CPE 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 CPE Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CPE Technology Berhad can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CPE Technology generated a negative expected return over the last 90 days | |
| CPE Technology has some characteristics of a very speculative penny stock |
CPE Technology Technical Analysis
CPE Technology's future price can be derived by breaking down and analyzing its technical indicators over time. CPE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CPE Technology Berhad. In general, you should focus on analyzing CPE Stock price patterns and their correlations with different microeconomic environments and drivers.
CPE Technology Predictive Forecast Models
CPE Technology's time-series forecasting models is one of many CPE 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 CPE 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 CPE Technology Berhad
Checking the ongoing alerts about CPE Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CPE Technology Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CPE Technology generated a negative expected return over the last 90 days | |
| CPE Technology has some characteristics of a very speculative penny stock |