Compagnie (Belgium) Probability of Future Stock Price Finishing Over 249.0
| COMB Stock | EUR 253.00 3.06 1.20% |
Compagnie |
Compagnie Target Price Odds to finish over 249.0
The tendency of Compagnie 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 stay above € 249.00 in 90 days |
| 253.00 | 90 days | 249.00 | about 79.67 |
Based on a normal probability distribution, the odds of Compagnie to stay above € 249.00 in 90 days from now is about 79.67 (This Compagnie du Bois probability density function shows the probability of Compagnie Stock to fall within a particular range of prices over 90 days) . Probability of Compagnie du Bois price to stay between € 249.00 and its current price of €253.0 at the end of the 90-day period is about 16.46 .
Assuming the 90 days trading horizon Compagnie has a beta of 0.15 suggesting as returns on the market go up, Compagnie average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Compagnie du Bois will be expected to be much smaller as well. Additionally Compagnie du Bois has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Compagnie Price Density |
| Price |
Predictive Modules for Compagnie
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compagnie du Bois. 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 Compagnie'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.
Compagnie Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compagnie is not an exception. The market had few large corrections towards the Compagnie'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 Compagnie du Bois, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compagnie within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.15 | |
σ | Overall volatility | 8.12 | |
Ir | Information ratio | -0.05 |
Compagnie 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 Compagnie for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compagnie du Bois can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compagnie du Bois generated a negative expected return over the last 90 days | |
| About 50.0% of the company shares are held by company insiders |
Compagnie 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 Compagnie Stock often depends not only on the future outlook of the current and potential Compagnie'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. Compagnie's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.5 M | |
| Cash And Short Term Investments | 72.8 M |
Compagnie Technical Analysis
Compagnie's future price can be derived by breaking down and analyzing its technical indicators over time. Compagnie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compagnie du Bois. In general, you should focus on analyzing Compagnie Stock price patterns and their correlations with different microeconomic environments and drivers.
Compagnie Predictive Forecast Models
Compagnie's time-series forecasting models is one of many Compagnie'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 Compagnie'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 Compagnie du Bois
Checking the ongoing alerts about Compagnie for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compagnie du Bois help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compagnie du Bois generated a negative expected return over the last 90 days | |
| About 50.0% of the company shares are held by company insiders |
Check out Compagnie Backtesting, Compagnie Valuation, Compagnie Correlation, Compagnie Hype Analysis, Compagnie Volatility, Compagnie History as well as Compagnie Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Compagnie Stock analysis
When running Compagnie's price analysis, check to measure Compagnie'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 Compagnie is operating at the current time. Most of Compagnie's value examination focuses on studying past and present price action to predict the probability of Compagnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie's price. Additionally, you may evaluate how the addition of Compagnie to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |