Cessatech (Denmark) Probability of Future Stock Price Finishing Over 17.59
| CESSA Stock | 12.30 0.05 0.41% |
Cessatech |
Cessatech Target Price Odds to finish over 17.59
The tendency of Cessatech 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 move over 17.59 or more in 90 days |
| 12.30 | 90 days | 17.59 | near 1 |
Based on a normal probability distribution, the odds of Cessatech to move over 17.59 or more in 90 days from now is near 1 (This Cessatech AS probability density function shows the probability of Cessatech Stock to fall within a particular range of prices over 90 days) . Probability of Cessatech AS price to stay between its current price of 12.30 and 17.59 at the end of the 90-day period is about 90.8 .
Assuming the 90 days trading horizon Cessatech AS has a beta of -0.0198 suggesting as returns on the benchmark increase, returns on holding Cessatech are expected to decrease at a much lower rate. During a bear market, however, Cessatech AS is likely to outperform the market. Additionally Cessatech AS 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. Cessatech Price Density |
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Predictive Modules for Cessatech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cessatech AS. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cessatech. Your research has to be compared to or analyzed against Cessatech's peers to derive any actionable benefits. When done correctly, Cessatech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cessatech AS.Cessatech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cessatech is not an exception. The market had few large corrections towards the Cessatech'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 Cessatech AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cessatech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | -0.15 |
Cessatech 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 Cessatech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cessatech AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cessatech AS generated a negative expected return over the last 90 days | |
| Cessatech AS has high historical volatility and very poor performance |
Cessatech Technical Analysis
Cessatech's future price can be derived by breaking down and analyzing its technical indicators over time. Cessatech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cessatech AS. In general, you should focus on analyzing Cessatech Stock price patterns and their correlations with different microeconomic environments and drivers.
Cessatech Predictive Forecast Models
Cessatech's time-series forecasting models is one of many Cessatech'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 Cessatech'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 Cessatech AS
Checking the ongoing alerts about Cessatech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cessatech AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cessatech AS generated a negative expected return over the last 90 days | |
| Cessatech AS has high historical volatility and very poor performance |