Callaway Golf Probability of Future Stock Price Finishing Over 18.92

ELYDelisted Stock  USD 18.92  0.03  0.16%   
Callaway Golf's future price is the expected price of Callaway Golf 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 Callaway Golf performance during a given time horizon utilizing its historical volatility. Check out Investing Opportunities 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 bureau of economic analysis.
  
Please specify Callaway Golf's target price for which you would like Callaway Golf odds to be computed.

Callaway Golf Target Price Odds to finish over 18.92

The tendency of Callaway 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 above the current price in 90 days
 18.92 90 days 18.92 
about 77.02
Based on a normal probability distribution, the odds of Callaway Golf to move above the current price in 90 days from now is about 77.02 (This Callaway Golf probability density function shows the probability of Callaway Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Callaway Golf has a beta of -1.04 suggesting Additionally Callaway Golf has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Callaway Golf Price Density   
       Price  

Predictive Modules for Callaway Golf

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Callaway Golf. 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 Callaway Golf'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
18.9218.9218.92
Details
Intrinsic
Valuation
LowRealHigh
16.9916.9920.81
Details
Naive
Forecast
LowNextHigh
18.6718.6718.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.7518.8819.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Callaway Golf. Your research has to be compared to or analyzed against Callaway Golf's peers to derive any actionable benefits. When done correctly, Callaway Golf'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 Callaway Golf.

Callaway Golf Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Callaway Golf is not an exception. The market had few large corrections towards the Callaway Golf'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 Callaway Golf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Callaway Golf within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.12
β
Beta against NYSE Composite-1.04
σ
Overall volatility
2.38
Ir
Information ratio -0.14

Callaway Golf 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 Callaway Golf for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Callaway Golf can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Callaway Golf is not yet fully synchronised with the market data
Callaway Golf has a very high chance of going through financial distress in the upcoming years
Over 81.0% of the company shares are held by institutions such as insurance companies

Callaway Golf 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 Callaway Stock often depends not only on the future outlook of the current and potential Callaway Golf'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. Callaway Golf's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding176.9 M
Cash And Short Term Investments352.2 M

Callaway Golf Technical Analysis

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

Callaway Golf Predictive Forecast Models

Callaway Golf's time-series forecasting models is one of many Callaway Golf'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 Callaway Golf'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 Callaway Golf

Checking the ongoing alerts about Callaway Golf for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Callaway Golf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Callaway Golf is not yet fully synchronised with the market data
Callaway Golf has a very high chance of going through financial distress in the upcoming years
Over 81.0% of the company shares are held by institutions such as insurance companies
Check out Investing Opportunities 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 bureau of economic analysis.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Callaway Stock

If you are still planning to invest in Callaway Golf 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 Callaway Golf's history and understand the potential risks before investing.
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