Cognizant Technology Solutions Stock Probability of Future Stock Price Finishing Under 75.26
| CTSH Stock | USD 79.89 0.40 0.50% |
Cognizant |
Cognizant Technology Target Price Odds to finish below 75.26
The tendency of Cognizant 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 $ 75.26 or more in 90 days |
| 79.89 | 90 days | 75.26 | about 12.75 |
Based on a normal probability distribution, the odds of Cognizant Technology to drop to $ 75.26 or more in 90 days from now is about 12.75 (This Cognizant Technology Solutions probability density function shows the probability of Cognizant Stock to fall within a particular range of prices over 90 days) . Probability of Cognizant Technology price to stay between $ 75.26 and its current price of $79.89 at the end of the 90-day period is about 65.87 .
Given the investment horizon of 90 days Cognizant Technology has a beta of 0.13 suggesting as returns on the market go up, Cognizant Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cognizant Technology Solutions will be expected to be much smaller as well. Additionally Cognizant Technology Solutions has an alpha of 0.0751, implying that it can generate a 0.0751 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cognizant Technology Price Density |
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Predictive Modules for Cognizant Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cognizant Technology. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cognizant Technology'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.
Cognizant Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cognizant Technology is not an exception. The market had few large corrections towards the Cognizant Technology'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 Cognizant Technology Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cognizant Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 2.40 | |
Ir | Information ratio | 0.03 |
Cognizant Technology 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 Cognizant Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cognizant Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cognizant Technology is unlikely to experience financial distress in the next 2 years | |
| Cognizant Technology has a strong financial position based on the latest SEC filings | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of November 2024 Cognizant Technology paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from washingtonexaminer.com: Legal immigration must be cut too |
Cognizant Technology 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 Cognizant Stock often depends not only on the future outlook of the current and potential Cognizant Technology'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. Cognizant Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 505 M | |
| Cash And Short Term Investments | 2.6 B |
Cognizant Technology Technical Analysis
Cognizant Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Cognizant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cognizant Technology Solutions. In general, you should focus on analyzing Cognizant Stock price patterns and their correlations with different microeconomic environments and drivers.
Cognizant Technology Predictive Forecast Models
Cognizant Technology's time-series forecasting models is one of many Cognizant Technology'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 Cognizant Technology'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 Cognizant Technology
Checking the ongoing alerts about Cognizant Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cognizant Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cognizant Technology is unlikely to experience financial distress in the next 2 years | |
| Cognizant Technology has a strong financial position based on the latest SEC filings | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of November 2024 Cognizant Technology paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from washingtonexaminer.com: Legal immigration must be cut too |
Check out Cognizant Technology Backtesting, Cognizant Technology Valuation, Cognizant Technology Correlation, Cognizant Technology Hype Analysis, Cognizant Technology Volatility, Cognizant Technology History as well as Cognizant Technology Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.125 | Dividend Share 1.2 | Earnings Share 4.52 | Revenue Per Share 38.96 | Quarterly Revenue Growth 0.03 |
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.