CDN IMPERIAL (Germany) Probability of Future Stock Price Finishing Under 39.67
| CAI Stock | EUR 62.59 1.08 1.70% |
CDN |
CDN IMPERIAL Target Price Odds to finish below 39.67
The tendency of CDN 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 € 39.67 or more in 90 days |
| 62.59 | 90 days | 39.67 | near 1 |
Based on a normal probability distribution, the odds of CDN IMPERIAL to drop to € 39.67 or more in 90 days from now is near 1 (This CDN IMPERIAL BANK probability density function shows the probability of CDN Stock to fall within a particular range of prices over 90 days) . Probability of CDN IMPERIAL BANK price to stay between € 39.67 and its current price of €62.59 at the end of the 90-day period is about 92.09 .
Assuming the 90 days trading horizon CDN IMPERIAL has a beta of 0.0209 suggesting as returns on the market go up, CDN IMPERIAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CDN IMPERIAL BANK will be expected to be much smaller as well. Additionally CDN IMPERIAL BANK has an alpha of 0.2056, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CDN IMPERIAL Price Density |
| Price |
Predictive Modules for CDN IMPERIAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CDN IMPERIAL BANK. 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.CDN IMPERIAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CDN IMPERIAL is not an exception. The market had few large corrections towards the CDN IMPERIAL'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 CDN IMPERIAL BANK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CDN IMPERIAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 3.08 | |
Ir | Information ratio | 0.13 |
CDN IMPERIAL 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 CDN Stock often depends not only on the future outlook of the current and potential CDN IMPERIAL'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. CDN IMPERIAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 906 M | |
| Dividends Paid | -3 B | |
| Short Long Term Debt | 80.2 B |
CDN IMPERIAL Technical Analysis
CDN IMPERIAL's future price can be derived by breaking down and analyzing its technical indicators over time. CDN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CDN IMPERIAL BANK. In general, you should focus on analyzing CDN Stock price patterns and their correlations with different microeconomic environments and drivers.
CDN IMPERIAL Predictive Forecast Models
CDN IMPERIAL's time-series forecasting models is one of many CDN IMPERIAL'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 CDN IMPERIAL'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CDN IMPERIAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CDN IMPERIAL's short interest history, or implied volatility extrapolated from CDN IMPERIAL options trading.
Additional Tools for CDN Stock Analysis
When running CDN IMPERIAL's price analysis, check to measure CDN IMPERIAL'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 CDN IMPERIAL is operating at the current time. Most of CDN IMPERIAL's value examination focuses on studying past and present price action to predict the probability of CDN IMPERIAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDN IMPERIAL's price. Additionally, you may evaluate how the addition of CDN IMPERIAL to your portfolios can decrease your overall portfolio volatility.