CDK Global Holdings Probability of Future Stock Price Finishing Over 78.78

CDKDelisted Stock  USD 54.76  0.00  0.00%   
CDK Global's future price is the expected price of CDK Global instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of CDK Global Holdings performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
  
Please specify CDK Global's target price for which you would like CDK Global odds to be computed.

CDK Global Target Price Odds to finish over 78.78

The tendency of CDK 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 PriceHorizonTarget PriceOdds to move over $ 78.78  or more in 90 days
 54.76 90 days 78.78 
close to zero percent
Based on a normal probability distribution, the odds of CDK Global to move over $ 78.78  or more in 90 days from now is close to zero percent (This CDK Global Holdings probability density function shows the probability of CDK Stock to fall within a particular range of prices over 90 days) . Probability of CDK Global Holdings price to stay between its current price of $ 54.76  and $ 78.78  at the end of the 90-day period is about 8.59 .
Considering the 90-day investment horizon CDK Global has a beta of 0.0086 suggesting as returns on the market go up, CDK Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CDK Global Holdings will be expected to be much smaller as well. Additionally CDK Global Holdings has an alpha of 6.0E-4, implying that it can generate a 5.71E-4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   CDK Global Price Density   
       Price  

Predictive Modules for CDK Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CDK Global Holdings. 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 CDK Global'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.
Hype
Prediction
LowEstimatedHigh
54.7654.7654.76
Details
Intrinsic
Valuation
LowRealHigh
46.2846.2860.24
Details
Naive
Forecast
LowNextHigh
54.8054.8054.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.7654.7654.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CDK Global. Your research has to be compared to or analyzed against CDK Global's peers to derive any actionable benefits. When done correctly, CDK Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CDK Global Holdings.

CDK Global Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. CDK Global is not an exception. The market had few large corrections towards the CDK Global'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 CDK Global Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CDK Global within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.0006
β
Beta against NYSE Composite0.01
σ
Overall volatility
0.30
Ir
Information ratio -0.54

CDK Global 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 CDK Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CDK Global Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
CDK Global Holdings is not yet fully synchronised with the market data
CDK Global Holdings has a very high chance of going through financial distress in the upcoming years
Over 96.0% of the company shares are held by institutions such as insurance companies

CDK Global 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 CDK Stock often depends not only on the future outlook of the current and potential CDK Global'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. CDK Global's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out5.42%
Trailing Annual Dividend Rate0.60
Short Percent Of Float6.36%
Float Shares116.24M
Average Daily Volume Last 10 Day1.87M
Shares Short Prior Month2.82M
Average Daily Volume In Three Month1.83M
Date Short Interest29th of April 2022
Trailing Annual Dividend Yield1.10%

CDK Global Technical Analysis

CDK Global's future price can be derived by breaking down and analyzing its technical indicators over time. CDK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CDK Global Holdings. In general, you should focus on analyzing CDK Stock price patterns and their correlations with different microeconomic environments and drivers.

CDK Global Predictive Forecast Models

CDK Global's time-series forecasting models is one of many CDK Global'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 CDK Global'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 CDK Global Holdings

Checking the ongoing alerts about CDK Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CDK Global Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CDK Global Holdings is not yet fully synchronised with the market data
CDK Global Holdings has a very high chance of going through financial distress in the upcoming years
Over 96.0% of the company shares are held by institutions such as insurance companies
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the CDK Global Holdings information on this page should be used as a complementary analysis to other CDK Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in CDK Stock

If you are still planning to invest in CDK Global Holdings 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 CDK Global's history and understand the potential risks before investing.
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