Ceva Inc Stock Chance of Future Stock Price Finishing Under 28.7
| CEVA Stock | USD 19.69 0.38 1.97% |
Closest to current price CEVA long CALL Option Payoff at Expiration
CEVA |
CEVA Target Price Odds to finish below 28.7
The tendency of CEVA 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 under $ 28.70 after 90 days |
| 19.69 | 90 days | 28.70 | close to 99 |
Based on a normal probability distribution, the odds of CEVA to stay under $ 28.70 after 90 days from now is close to 99 (This CEVA Inc probability density function shows the probability of CEVA Stock to fall within a particular range of prices over 90 days) . Probability of CEVA Inc price to stay between its current price of $ 19.69 and $ 28.70 at the end of the 90-day period is about 90.13 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.89 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CEVA will likely underperform. Additionally CEVA Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. CEVA Price Density |
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Predictive Modules for CEVA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CEVA Inc. 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 CEVA'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.
CEVA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CEVA is not an exception. The market had few large corrections towards the CEVA'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 CEVA Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CEVA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.27 | |
β | Beta against NYSE Composite | 2.89 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | -0.03 |
CEVA 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 CEVA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CEVA Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CEVA Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 97.42 M. Net Loss for the year was (11.88 M) with profit before overhead, payroll, taxes, and interest of 107.6 M. | |
| CEVA Inc currently holds about 138.05 M in cash with (6.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.94. | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: New York State Teachers Retirement System Sells 1847 Shares of CEVA, Inc. - Defense World |
CEVA 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 CEVA Stock often depends not only on the future outlook of the current and potential CEVA'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. CEVA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.5 M | |
| Cash And Short Term Investments | 166.5 M |
CEVA Technical Analysis
CEVA's future price can be derived by breaking down and analyzing its technical indicators over time. CEVA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CEVA Inc. In general, you should focus on analyzing CEVA Stock price patterns and their correlations with different microeconomic environments and drivers.
CEVA Predictive Forecast Models
CEVA's time-series forecasting models is one of many CEVA'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 CEVA'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 CEVA Inc
Checking the ongoing alerts about CEVA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CEVA Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CEVA Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 97.42 M. Net Loss for the year was (11.88 M) with profit before overhead, payroll, taxes, and interest of 107.6 M. | |
| CEVA Inc currently holds about 138.05 M in cash with (6.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.94. | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: New York State Teachers Retirement System Sells 1847 Shares of CEVA, Inc. - Defense World |
Check out CEVA Backtesting, CEVA Valuation, CEVA Correlation, CEVA Hype Analysis, CEVA Volatility, CEVA History as well as CEVA Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for CEVA Stock analysis
When running CEVA's price analysis, check to measure CEVA'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 CEVA is operating at the current time. Most of CEVA's value examination focuses on studying past and present price action to predict the probability of CEVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEVA's price. Additionally, you may evaluate how the addition of CEVA to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is CEVA's industry 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 CEVA. If investors know CEVA 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 CEVA 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 0.959 | Earnings Share (0.79) | Revenue Per Share 4.148 | Quarterly Revenue Growth (0.20) | Return On Assets (0.03) |
The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA'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 CEVA's market value can be influenced by many factors that don't directly affect CEVA'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 CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA'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.