Callaway Golf Probability of Future Stock Price Finishing Under 18.56
| ELYDelisted Stock | USD 18.92 0.03 0.16% |
Callaway |
Callaway Golf Target Price Odds to finish below 18.56
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 Price | Horizon | Target Price | Odds to drop to $ 18.56 or more in 90 days |
| 18.92 | 90 days | 18.56 | about 18.57 |
Based on a normal probability distribution, the odds of Callaway Golf to drop to $ 18.56 or more in 90 days from now is about 18.57 (This Callaway Golf probability density function shows the probability of Callaway Stock to fall within a particular range of prices over 90 days) . Probability of Callaway Golf price to stay between $ 18.56 and its current price of $18.92 at the end of the 90-day period is nearly 4.33 .
Considering the 90-day investment horizon Callaway Golf has a beta of -0.32 suggesting as returns on the benchmark increase, returns on holding Callaway Golf are expected to decrease at a much lower rate. During a bear market, however, Callaway Golf is likely to outperform the market. Additionally Callaway Golf has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the 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.
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 | -0.23 | |
β | Beta against NYSE Composite | -0.32 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | -0.11 |
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 Outstanding | 176.9 M | |
| Cash And Short Term Investments | 352.2 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |