Cnb Corp Stock Odds of Future Pink Sheet Price Finishing Under 73.0
CNBW Stock | USD 53.00 0.00 0.00% |
CNB |
CNB Corp Target Price Odds to finish below 73.0
The tendency of CNB 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 stay under $ 73.00 after 90 days |
53.00 | 90 days | 73.00 | close to 99 |
Based on a normal probability distribution, the odds of CNB Corp to stay under $ 73.00 after 90 days from now is close to 99 (This CNB Corp probability density function shows the probability of CNB Pink Sheet to fall within a particular range of prices over 90 days) . Probability of CNB Corp price to stay between its current price of $ 53.00 and $ 73.00 at the end of the 90-day period is about 67.78 .
Given the investment horizon of 90 days CNB Corp has a beta of -0.0969 suggesting as returns on the benchmark increase, returns on holding CNB Corp are expected to decrease at a much lower rate. During a bear market, however, CNB Corp is likely to outperform the market. Additionally CNB Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. CNB Corp Price Density |
Price |
Predictive Modules for CNB Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CNB Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CNB Corp'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.
CNB Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CNB Corp is not an exception. The market had few large corrections towards the CNB Corp'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 CNB Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CNB Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | -0.34 |
CNB Corp 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 CNB Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CNB Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.CNB Corp generated a negative expected return over the last 90 days |
CNB Corp 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 CNB Pink Sheet often depends not only on the future outlook of the current and potential CNB Corp'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. CNB Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 1.7 M | |
Cash And Short Term Investments | 55 M |
CNB Corp Technical Analysis
CNB Corp's future price can be derived by breaking down and analyzing its technical indicators over time. CNB Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CNB Corp. In general, you should focus on analyzing CNB Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
CNB Corp Predictive Forecast Models
CNB Corp's time-series forecasting models is one of many CNB Corp'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 CNB Corp'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 CNB Corp
Checking the ongoing alerts about CNB Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CNB Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CNB Corp generated a negative expected return over the last 90 days |
Check out CNB Corp Backtesting, CNB Corp Valuation, CNB Corp Correlation, CNB Corp Hype Analysis, CNB Corp Volatility, CNB Corp History as well as CNB Corp Performance. Note that the CNB Corp information on this page should be used as a complementary analysis to other CNB Corp'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for CNB Pink Sheet analysis
When running CNB Corp's price analysis, check to measure CNB Corp'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 CNB Corp is operating at the current time. Most of CNB Corp's value examination focuses on studying past and present price action to predict the probability of CNB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB Corp's price. Additionally, you may evaluate how the addition of CNB Corp to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
Transaction History View history of all your transactions and understand their impact on performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |