Cofina SGPS (Portugal) Probability of Future Stock Price Finishing Over 0.65
| CFN Stock | EUR 0.65 0.01 1.52% |
Cofina |
Cofina SGPS Target Price Odds to finish over 0.65
The tendency of Cofina 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 above the current price in 90 days |
| 0.65 | 90 days | 0.65 | about 20.52 |
Based on a normal probability distribution, the odds of Cofina SGPS to move above the current price in 90 days from now is about 20.52 (This Cofina SGPS probability density function shows the probability of Cofina Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cofina SGPS has a beta of 0.34 suggesting as returns on the market go up, Cofina SGPS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cofina SGPS will be expected to be much smaller as well. Additionally Cofina SGPS has an alpha of 0.1625, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cofina SGPS Price Density |
| Price |
Predictive Modules for Cofina SGPS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cofina SGPS. 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.Cofina SGPS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cofina SGPS is not an exception. The market had few large corrections towards the Cofina SGPS'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 Cofina SGPS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cofina SGPS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.04 |
Cofina SGPS 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 Cofina SGPS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cofina SGPS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cofina SGPS has some characteristics of a very speculative penny stock | |
| Cofina SGPS has accumulated 9.99 M in total debt with debt to equity ratio (D/E) of 1.47, which is about average as compared to similar companies. Cofina SGPS has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cofina SGPS until it has trouble settling it off, either with new capital or with free cash flow. So, Cofina SGPS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cofina SGPS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cofina to invest in growth at high rates of return. When we think about Cofina SGPS's use of debt, we should always consider it together with cash and equity. | |
| About 71.0% of Cofina SGPS shares are held by company insiders |
Cofina SGPS 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 Cofina Stock often depends not only on the future outlook of the current and potential Cofina SGPS'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. Cofina SGPS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 102.6 M |
Cofina SGPS Technical Analysis
Cofina SGPS's future price can be derived by breaking down and analyzing its technical indicators over time. Cofina Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cofina SGPS. In general, you should focus on analyzing Cofina Stock price patterns and their correlations with different microeconomic environments and drivers.
Cofina SGPS Predictive Forecast Models
Cofina SGPS's time-series forecasting models is one of many Cofina SGPS'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 Cofina SGPS'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 Cofina SGPS
Checking the ongoing alerts about Cofina SGPS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cofina SGPS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cofina SGPS has some characteristics of a very speculative penny stock | |
| Cofina SGPS has accumulated 9.99 M in total debt with debt to equity ratio (D/E) of 1.47, which is about average as compared to similar companies. Cofina SGPS has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cofina SGPS until it has trouble settling it off, either with new capital or with free cash flow. So, Cofina SGPS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cofina SGPS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cofina to invest in growth at high rates of return. When we think about Cofina SGPS's use of debt, we should always consider it together with cash and equity. | |
| About 71.0% of Cofina SGPS shares are held by company insiders |
Additional Tools for Cofina Stock Analysis
When running Cofina SGPS's price analysis, check to measure Cofina SGPS'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 Cofina SGPS is operating at the current time. Most of Cofina SGPS's value examination focuses on studying past and present price action to predict the probability of Cofina SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofina SGPS's price. Additionally, you may evaluate how the addition of Cofina SGPS to your portfolios can decrease your overall portfolio volatility.