Change Financial (Australia) Probability of Future Stock Price Finishing Over 0.049
| CCA Stock | 0.06 0 5.08% |
Change |
Change Financial Target Price Odds to finish over 0.049
The tendency of Change 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 0.05 in 90 days |
| 0.06 | 90 days | 0.05 | close to 99 |
Based on a normal probability distribution, the odds of Change Financial to stay above 0.05 in 90 days from now is close to 99 (This Change Financial Limited probability density function shows the probability of Change Stock to fall within a particular range of prices over 90 days) . Probability of Change Financial price to stay between 0.05 and its current price of 0.056 at the end of the 90-day period is roughly 2.45 .
Assuming the 90 days trading horizon Change Financial Limited has a beta of -0.57 suggesting as returns on the benchmark increase, returns on holding Change Financial are expected to decrease at a much lower rate. During a bear market, however, Change Financial Limited is likely to outperform the market. Additionally Change Financial Limited 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. Change Financial Price Density |
| Price |
Predictive Modules for Change Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Change Financial. 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.Change Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Change Financial is not an exception. The market had few large corrections towards the Change Financial'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 Change Financial Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Change Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | -0.57 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.09 |
Change Financial 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 Change Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Change Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Change Financial generated a negative expected return over the last 90 days | |
| Change Financial has some characteristics of a very speculative penny stock | |
| Change Financial has high historical volatility and very poor performance | |
| Change Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 10.51 M. Net Loss for the year was (2.57 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| Change Financial Limited has accumulated about 1.5 M in cash with (464.97 K) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Multibagger penny stock hits 5 percent upper circuit on stock split, rights issue announcement Stock Market News - Mint |
Change Financial 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 Change Stock often depends not only on the future outlook of the current and potential Change Financial'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. Change Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 627.7 M | |
| Cash And Short Term Investments | 2.6 M |
Change Financial Technical Analysis
Change Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Change Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Change Financial Limited. In general, you should focus on analyzing Change Stock price patterns and their correlations with different microeconomic environments and drivers.
Change Financial Predictive Forecast Models
Change Financial's time-series forecasting models is one of many Change Financial'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 Change Financial'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 Change Financial
Checking the ongoing alerts about Change Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Change Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Change Financial generated a negative expected return over the last 90 days | |
| Change Financial has some characteristics of a very speculative penny stock | |
| Change Financial has high historical volatility and very poor performance | |
| Change Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 10.51 M. Net Loss for the year was (2.57 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| Change Financial Limited has accumulated about 1.5 M in cash with (464.97 K) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Multibagger penny stock hits 5 percent upper circuit on stock split, rights issue announcement Stock Market News - Mint |
Additional Tools for Change Stock Analysis
When running Change Financial's price analysis, check to measure Change Financial'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 Change Financial is operating at the current time. Most of Change Financial's value examination focuses on studying past and present price action to predict the probability of Change Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Change Financial's price. Additionally, you may evaluate how the addition of Change Financial to your portfolios can decrease your overall portfolio volatility.