CGG SA ADR Chance of Future Pink Sheet Price Finishing Under 0.89
| CGGYYDelisted Stock | USD 0.89 0.01 1.14% |
CGG |
CGG SA Target Price Odds to finish below 0.89
The tendency of CGG Pink Sheet 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 below current price in 90 days |
| 0.89 | 90 days | 0.89 | about 98.0 |
Based on a normal probability distribution, the odds of CGG SA to move below current price in 90 days from now is about 98.0 (This CGG SA ADR probability density function shows the probability of CGG Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon CGG SA has a beta of 0.43 suggesting as returns on the market go up, CGG SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CGG SA ADR will be expected to be much smaller as well. Additionally CGG SA ADR has an alpha of 0.6582, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CGG SA Price Density |
| Price |
Predictive Modules for CGG SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CGG SA ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CGG SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CGG SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CGG SA is not an exception. The market had few large corrections towards the CGG SA'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 CGG SA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CGG SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.11 |
CGG SA 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 CGG SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CGG SA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CGG SA ADR is not yet fully synchronised with the market data | |
| CGG SA ADR has some characteristics of a very speculative penny stock | |
| CGG SA ADR has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.06 B. Net Loss for the year was (180.5 M) with profit before overhead, payroll, taxes, and interest of 209.8 M. | |
| Latest headline from insidermonkey.com: Is Schlumberger the Best Energy Stock to Invest in Now |
CGG SA 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 CGG Pink Sheet often depends not only on the future outlook of the current and potential CGG SA'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. CGG SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 711.7 M |
CGG SA Technical Analysis
CGG SA's future price can be derived by breaking down and analyzing its technical indicators over time. CGG Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CGG SA ADR. In general, you should focus on analyzing CGG Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
CGG SA Predictive Forecast Models
CGG SA's time-series forecasting models is one of many CGG SA's pink sheet 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 CGG SA'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 pink sheet market movement and maximize returns from investment trading.
Things to note about CGG SA ADR
Checking the ongoing alerts about CGG SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CGG SA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CGG SA ADR is not yet fully synchronised with the market data | |
| CGG SA ADR has some characteristics of a very speculative penny stock | |
| CGG SA ADR has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.06 B. Net Loss for the year was (180.5 M) with profit before overhead, payroll, taxes, and interest of 209.8 M. | |
| Latest headline from insidermonkey.com: Is Schlumberger the Best Energy Stock to Invest in Now |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in CGG Pink Sheet
If you are still planning to invest in CGG SA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CGG SA's history and understand the potential risks before investing.
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