Centerpoint Energy Stock Probability of Future Stock Price Finishing Under 28.61
| CNP Stock | USD 32.21 0.16 0.49% |
CenterPoint |
CenterPoint Energy Target Price Odds to finish below 28.61
The tendency of CenterPoint 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 $ 28.61 or more in 90 days |
| 32.21 | 90 days | 28.61 | about 7.58 |
Based on a normal probability distribution, the odds of CenterPoint Energy to drop to $ 28.61 or more in 90 days from now is about 7.58 (This CenterPoint Energy probability density function shows the probability of CenterPoint Stock to fall within a particular range of prices over 90 days) . Probability of CenterPoint Energy price to stay between $ 28.61 and its current price of $32.21 at the end of the 90-day period is about 82.99 .
Considering the 90-day investment horizon CenterPoint Energy has a beta of 0.54 suggesting as returns on the market go up, CenterPoint Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CenterPoint Energy will be expected to be much smaller as well. Additionally CenterPoint Energy has an alpha of 0.1677, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CenterPoint Energy Price Density |
| Price |
Predictive Modules for CenterPoint Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CenterPoint Energy. 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.CenterPoint Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CenterPoint Energy is not an exception. The market had few large corrections towards the CenterPoint Energy'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 CenterPoint Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CenterPoint Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | 0.12 |
CenterPoint Energy 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 CenterPoint Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CenterPoint Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CenterPoint Energy has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CenterPoint to invest in growth at high rates of return. | |
| Over 94.0% of CenterPoint Energy shares are held by institutions such as insurance companies | |
| On 12th of December 2024 CenterPoint Energy paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: CenterPoint Energy Is Increasing Its Dividend To 0.22 |
CenterPoint Energy 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 CenterPoint Stock often depends not only on the future outlook of the current and potential CenterPoint Energy'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. CenterPoint Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 633.2 M | |
| Cash And Short Term Investments | 631 M |
CenterPoint Energy Technical Analysis
CenterPoint Energy's future price can be derived by breaking down and analyzing its technical indicators over time. CenterPoint Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CenterPoint Energy. In general, you should focus on analyzing CenterPoint Stock price patterns and their correlations with different microeconomic environments and drivers.
CenterPoint Energy Predictive Forecast Models
CenterPoint Energy's time-series forecasting models is one of many CenterPoint Energy'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 CenterPoint Energy'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 CenterPoint Energy
Checking the ongoing alerts about CenterPoint Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CenterPoint Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CenterPoint Energy has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CenterPoint to invest in growth at high rates of return. | |
| Over 94.0% of CenterPoint Energy shares are held by institutions such as insurance companies | |
| On 12th of December 2024 CenterPoint Energy paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: CenterPoint Energy Is Increasing Its Dividend To 0.22 |
Additional Tools for CenterPoint Stock Analysis
When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy'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 CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.