Concrete Pumping Holdings Stock Probability of Future Stock Price Finishing Over 5.66
| BBCP Stock | USD 6.60 0.18 2.80% |
Concrete |
Concrete Pumping Target Price Odds to finish over 5.66
The tendency of Concrete 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 $ 5.66 in 90 days |
| 6.60 | 90 days | 5.66 | about 74.75 |
Based on a normal probability distribution, the odds of Concrete Pumping to stay above $ 5.66 in 90 days from now is about 74.75 (This Concrete Pumping Holdings probability density function shows the probability of Concrete Stock to fall within a particular range of prices over 90 days) . Probability of Concrete Pumping Holdings price to stay between $ 5.66 and its current price of $6.6 at the end of the 90-day period is about 54.29 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.61 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Concrete Pumping will likely underperform. Additionally Concrete Pumping Holdings has an alpha of 0.1204, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Concrete Pumping Price Density |
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Predictive Modules for Concrete Pumping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Concrete Pumping Holdings. 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 Concrete Pumping'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.
Concrete Pumping Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Concrete Pumping is not an exception. The market had few large corrections towards the Concrete Pumping'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 Concrete Pumping Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Concrete Pumping within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.61 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | 0.05 |
Concrete Pumping 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 Concrete Pumping for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Concrete Pumping Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Concrete Pumping has a strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Institutional owners may consider drastic measures as Concrete Pumping Holdings, Inc.s recent US44m drop adds to long-term losses |
Concrete Pumping 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 Concrete Stock often depends not only on the future outlook of the current and potential Concrete Pumping'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. Concrete Pumping's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.2 M | |
| Cash And Short Term Investments | 15.9 M |
Concrete Pumping Technical Analysis
Concrete Pumping's future price can be derived by breaking down and analyzing its technical indicators over time. Concrete Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Concrete Pumping Holdings. In general, you should focus on analyzing Concrete Stock price patterns and their correlations with different microeconomic environments and drivers.
Concrete Pumping Predictive Forecast Models
Concrete Pumping's time-series forecasting models is one of many Concrete Pumping'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 Concrete Pumping'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 Concrete Pumping Holdings
Checking the ongoing alerts about Concrete Pumping for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Concrete Pumping Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Concrete Pumping has a strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Institutional owners may consider drastic measures as Concrete Pumping Holdings, Inc.s recent US44m drop adds to long-term losses |
Additional Tools for Concrete Stock Analysis
When running Concrete Pumping's price analysis, check to measure Concrete Pumping'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 Concrete Pumping is operating at the current time. Most of Concrete Pumping's value examination focuses on studying past and present price action to predict the probability of Concrete Pumping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concrete Pumping's price. Additionally, you may evaluate how the addition of Concrete Pumping to your portfolios can decrease your overall portfolio volatility.