Carefree Group Stock Odds of Future Pink Sheet Price Finishing Over 0.003
| CRFU Stock | USD 0.0001 0.01 99.33% |
Carefree |
Carefree Target Price Odds to finish over 0.003
The tendency of Carefree 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 over $ 0 or more in 90 days |
| 0.0001 | 90 days | 0 | close to 99 |
Based on a normal probability distribution, the odds of Carefree to move over $ 0 or more in 90 days from now is close to 99 (This Carefree Group probability density function shows the probability of Carefree Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Carefree Group price to stay between its current price of $ 0.0001 and $ 0 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.06 suggesting Carefree Group market returns are related to returns on the market. As the market goes up or down, Carefree is expected to follow. Additionally Carefree Group 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. Carefree Price Density |
| Price |
Predictive Modules for Carefree
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carefree Group. 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.Carefree Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carefree is not an exception. The market had few large corrections towards the Carefree'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 Carefree Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carefree within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.41 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.12 |
Carefree 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 Carefree for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carefree Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Carefree Group generated a negative expected return over the last 90 days | |
| Carefree Group has high historical volatility and very poor performance | |
| Carefree Group has some characteristics of a very speculative penny stock |
Carefree Technical Analysis
Carefree's future price can be derived by breaking down and analyzing its technical indicators over time. Carefree Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carefree Group. In general, you should focus on analyzing Carefree Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Carefree Predictive Forecast Models
Carefree's time-series forecasting models is one of many Carefree'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 Carefree'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 Carefree Group
Checking the ongoing alerts about Carefree for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carefree Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carefree Group generated a negative expected return over the last 90 days | |
| Carefree Group has high historical volatility and very poor performance | |
| Carefree Group has some characteristics of a very speculative penny stock |
Additional Tools for Carefree Pink Sheet Analysis
When running Carefree's price analysis, check to measure Carefree'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 Carefree is operating at the current time. Most of Carefree's value examination focuses on studying past and present price action to predict the probability of Carefree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carefree's price. Additionally, you may evaluate how the addition of Carefree to your portfolios can decrease your overall portfolio volatility.