Ceconomy Ag Adr Stock Odds of Future Pink Sheet Price Finishing Over 5.42
| MTTRY Stock | USD 0.50 0.01 1.96% |
Ceconomy |
Ceconomy Target Price Odds to finish over 5.42
The tendency of Ceconomy 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 $ 5.42 or more in 90 days |
| 0.50 | 90 days | 5.42 | close to zero percent |
Based on a normal probability distribution, the odds of Ceconomy to move over $ 5.42 or more in 90 days from now is close to zero percent (This Ceconomy AG ADR probability density function shows the probability of Ceconomy Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Ceconomy AG ADR price to stay between its current price of $ 0.50 and $ 5.42 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Ceconomy has a beta of 0.63. This indicates as returns on the market go up, Ceconomy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ceconomy AG ADR will be expected to be much smaller as well. Additionally Ceconomy AG ADR 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. Ceconomy Price Density |
| Price |
Predictive Modules for Ceconomy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ceconomy AG ADR. 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.Ceconomy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ceconomy is not an exception. The market had few large corrections towards the Ceconomy'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 Ceconomy AG ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ceconomy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.03 |
Ceconomy 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 Ceconomy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ceconomy AG ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ceconomy AG ADR generated a negative expected return over the last 90 days | |
| Ceconomy AG ADR has some characteristics of a very speculative penny stock | |
| Ceconomy AG ADR has high historical volatility and very poor performance | |
| Ceconomy AG ADR has accumulated 557 M in total debt with debt to equity ratio (D/E) of 7.16, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ceconomy AG ADR has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ceconomy until it has trouble settling it off, either with new capital or with free cash flow. So, Ceconomy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ceconomy AG ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ceconomy to invest in growth at high rates of return. When we think about Ceconomy's use of debt, we should always consider it together with cash and equity. |
Ceconomy 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 Ceconomy Pink Sheet often depends not only on the future outlook of the current and potential Ceconomy'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. Ceconomy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 359.4 M |
Ceconomy Technical Analysis
Ceconomy's future price can be derived by breaking down and analyzing its technical indicators over time. Ceconomy Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ceconomy AG ADR. In general, you should focus on analyzing Ceconomy Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Ceconomy Predictive Forecast Models
Ceconomy's time-series forecasting models is one of many Ceconomy'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 Ceconomy'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 Ceconomy AG ADR
Checking the ongoing alerts about Ceconomy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ceconomy AG ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ceconomy AG ADR generated a negative expected return over the last 90 days | |
| Ceconomy AG ADR has some characteristics of a very speculative penny stock | |
| Ceconomy AG ADR has high historical volatility and very poor performance | |
| Ceconomy AG ADR has accumulated 557 M in total debt with debt to equity ratio (D/E) of 7.16, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ceconomy AG ADR has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ceconomy until it has trouble settling it off, either with new capital or with free cash flow. So, Ceconomy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ceconomy AG ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ceconomy to invest in growth at high rates of return. When we think about Ceconomy's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Ceconomy Pink Sheet Analysis
When running Ceconomy's price analysis, check to measure Ceconomy'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 Ceconomy is operating at the current time. Most of Ceconomy's value examination focuses on studying past and present price action to predict the probability of Ceconomy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ceconomy's price. Additionally, you may evaluate how the addition of Ceconomy to your portfolios can decrease your overall portfolio volatility.