Carrier Global Corp Stock Probability of Future Stock Price Finishing Under 63.22
| CARR Stock | USD 69.45 0.66 0.96% |
Carrier |
Carrier Global Target Price Odds to finish below 63.22
The tendency of Carrier 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 $ 63.22 or more in 90 days |
| 69.45 | 90 days | 63.22 | near 1 |
Based on a normal probability distribution, the odds of Carrier Global to drop to $ 63.22 or more in 90 days from now is near 1 (This Carrier Global Corp probability density function shows the probability of Carrier Stock to fall within a particular range of prices over 90 days) . Probability of Carrier Global Corp price to stay between $ 63.22 and its current price of $69.45 at the end of the 90-day period is nearly 4.68 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.27 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, Carrier Global will likely underperform. Additionally Carrier Global Corp 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. Carrier Global Price Density |
| Price |
Predictive Modules for Carrier Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carrier Global Corp. 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.Carrier Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carrier Global is not an exception. The market had few large corrections towards the Carrier Global'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 Carrier Global Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carrier Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.27 | |
σ | Overall volatility | 3.89 | |
Ir | Information ratio | -0.14 |
Carrier Global 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 Carrier Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carrier Global Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Carrier Global Corp generated a negative expected return over the last 90 days | |
| Carrier Global Corp has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of November 2024 Carrier Global paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Fire Life Safety Services Market Insights 2024-2029 by Service, End User and Region - Testing, Inspection, Repair, Maintenance Services Holds the Largest Market Share, at Over 51 |
Carrier Global 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 Carrier Stock often depends not only on the future outlook of the current and potential Carrier Global'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. Carrier Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 853 M | |
| Cash And Short Term Investments | 10 B |
Carrier Global Technical Analysis
Carrier Global's future price can be derived by breaking down and analyzing its technical indicators over time. Carrier Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carrier Global Corp. In general, you should focus on analyzing Carrier Stock price patterns and their correlations with different microeconomic environments and drivers.
Carrier Global Predictive Forecast Models
Carrier Global's time-series forecasting models is one of many Carrier Global'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 Carrier Global'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 Carrier Global Corp
Checking the ongoing alerts about Carrier Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carrier Global Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carrier Global Corp generated a negative expected return over the last 90 days | |
| Carrier Global Corp has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of November 2024 Carrier Global paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Fire Life Safety Services Market Insights 2024-2029 by Service, End User and Region - Testing, Inspection, Repair, Maintenance Services Holds the Largest Market Share, at Over 51 |
Additional Tools for Carrier Stock Analysis
When running Carrier Global's price analysis, check to measure Carrier Global'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 Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.