Conrad Industries Probability of Future Pink Sheet Price Finishing Over 9.52
| CNRDDelisted Stock | USD 10.30 0.00 0.00% |
Conrad |
Conrad Industries Target Price Odds to finish over 9.52
The tendency of Conrad 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 stay above $ 9.52 in 90 days |
| 10.30 | 90 days | 9.52 | about 98.0 |
Based on a normal probability distribution, the odds of Conrad Industries to stay above $ 9.52 in 90 days from now is about 98.0 (This Conrad Industries probability density function shows the probability of Conrad Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Conrad Industries price to stay between $ 9.52 and its current price of $10.3 at the end of the 90-day period is about 5.19 .
Given the investment horizon of 90 days Conrad Industries has a beta of -0.4 suggesting as returns on the benchmark increase, returns on holding Conrad Industries are expected to decrease at a much lower rate. During a bear market, however, Conrad Industries is likely to outperform the market. Additionally Conrad Industries 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. Conrad Industries Price Density |
| Price |
Predictive Modules for Conrad Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Conrad Industries. 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.Conrad Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Conrad Industries is not an exception. The market had few large corrections towards the Conrad Industries' 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 Conrad Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Conrad Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | -0.08 |
Conrad Industries 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 Conrad Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Conrad Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Conrad Industries is not yet fully synchronised with the market data | |
| Conrad Industries has a very high chance of going through financial distress in the upcoming years |
Conrad Industries 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 Conrad Pink Sheet often depends not only on the future outlook of the current and potential Conrad Industries' 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. Conrad Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 M | |
| Cash And Short Term Investments | 31.7 M |
Conrad Industries Technical Analysis
Conrad Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Conrad Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Conrad Industries. In general, you should focus on analyzing Conrad Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Conrad Industries Predictive Forecast Models
Conrad Industries' time-series forecasting models is one of many Conrad Industries' 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 Conrad Industries' 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 Conrad Industries
Checking the ongoing alerts about Conrad Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Conrad Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Conrad Industries is not yet fully synchronised with the market data | |
| Conrad Industries has a very high chance of going through financial distress in the upcoming years |
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 metropolitan statistical area. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Conrad Pink Sheet
If you are still planning to invest in Conrad Industries 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 Conrad Industries' history and understand the potential risks before investing.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |