Coincheck Group Nv Stock Probability of Future Stock Price Finishing Under 1.04
| CNCKW Stock | 1.69 0.06 3.43% |
Coincheck |
Coincheck Group Target Price Odds to finish below 1.04
The tendency of Coincheck 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 1.04 or more in 90 days |
| 1.69 | 90 days | 1.04 | under 4 |
Based on a normal probability distribution, the odds of Coincheck Group to drop to 1.04 or more in 90 days from now is under 4 (This Coincheck Group NV probability density function shows the probability of Coincheck Stock to fall within a particular range of prices over 90 days) . Probability of Coincheck Group NV price to stay between 1.04 and its current price of 1.69 at the end of the 90-day period is about 23.57 .
Assuming the 90 days horizon Coincheck Group has a beta of 0.44 suggesting as returns on the market go up, Coincheck Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Coincheck Group NV will be expected to be much smaller as well. Additionally Coincheck Group NV 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. Coincheck Group Price Density |
| Price |
Predictive Modules for Coincheck Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coincheck Group NV. 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.Coincheck Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coincheck Group is not an exception. The market had few large corrections towards the Coincheck Group'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 Coincheck Group NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coincheck Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.69 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.1 |
Coincheck Group 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 Coincheck Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coincheck Group NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Coincheck Group NV generated a negative expected return over the last 90 days | |
| Coincheck Group NV has high historical volatility and very poor performance | |
| Coincheck Group NV may become a speculative penny stock |
Coincheck Group Technical Analysis
Coincheck Group's future price can be derived by breaking down and analyzing its technical indicators over time. Coincheck Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coincheck Group NV. In general, you should focus on analyzing Coincheck Stock price patterns and their correlations with different microeconomic environments and drivers.
Coincheck Group Predictive Forecast Models
Coincheck Group's time-series forecasting models is one of many Coincheck Group'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 Coincheck Group'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 Coincheck Group NV
Checking the ongoing alerts about Coincheck Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coincheck Group NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Coincheck Group NV generated a negative expected return over the last 90 days | |
| Coincheck Group NV has high historical volatility and very poor performance | |
| Coincheck Group NV may become a speculative penny stock |
Additional Tools for Coincheck Stock Analysis
When running Coincheck Group's price analysis, check to measure Coincheck Group'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 Coincheck Group is operating at the current time. Most of Coincheck Group's value examination focuses on studying past and present price action to predict the probability of Coincheck Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coincheck Group's price. Additionally, you may evaluate how the addition of Coincheck Group to your portfolios can decrease your overall portfolio volatility.