Cable One Stock Probability of Future Stock Price Finishing Over 402.98
| CABO Stock | USD 402.98 4.44 1.09% |
Cable |
Cable One Target Price Odds to finish over 402.98
The tendency of Cable 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 move above the current price in 90 days |
| 402.98 | 90 days | 402.98 | about 85.89 |
Based on a normal probability distribution, the odds of Cable One to move above the current price in 90 days from now is about 85.89 (This Cable One probability density function shows the probability of Cable Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Cable One has a beta of 0.68 suggesting as returns on the market go up, Cable One average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cable One will be expected to be much smaller as well. Additionally Cable One has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Cable One Price Density |
| Price |
Predictive Modules for Cable One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cable One. 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 Cable One'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.
Cable One Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cable One is not an exception. The market had few large corrections towards the Cable One'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 Cable One, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cable One within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.43 | |
β | Beta against NYSE Composite | 0.68 | |
σ | Overall volatility | 51.28 | |
Ir | Information ratio | -0.18 |
Cable One 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 Cable One for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cable One can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cable One generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| On 8th of March 2024 Cable One paid $ 2.95 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Cable One Insiders Sold US4.8m Of Shares Suggesting Hesitancy |
Cable One 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 Cable Stock often depends not only on the future outlook of the current and potential Cable One'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. Cable One's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.1 M | |
| Cash And Short Term Investments | 190.3 M |
Cable One Technical Analysis
Cable One's future price can be derived by breaking down and analyzing its technical indicators over time. Cable Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cable One. In general, you should focus on analyzing Cable Stock price patterns and their correlations with different microeconomic environments and drivers.
Cable One Predictive Forecast Models
Cable One's time-series forecasting models is one of many Cable One'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 Cable One'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 Cable One
Checking the ongoing alerts about Cable One for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cable One help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cable One generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| On 8th of March 2024 Cable One paid $ 2.95 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Cable One Insiders Sold US4.8m Of Shares Suggesting Hesitancy |
Check out Cable One Backtesting, Cable One Valuation, Cable One Correlation, Cable One Hype Analysis, Cable One Volatility, Cable One History as well as Cable One Performance. To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.Note that the Cable One information on this page should be used as a complementary analysis to other Cable One'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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Cable Stock analysis
When running Cable One's price analysis, check to measure Cable One'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 Cable One is operating at the current time. Most of Cable One's value examination focuses on studying past and present price action to predict the probability of Cable One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cable One's price. Additionally, you may evaluate how the addition of Cable One to your portfolios can decrease your overall portfolio volatility.
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Is Cable One'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 Cable One. If investors know Cable 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 Cable One 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 (0.41) | Dividend Share 11.6 | Earnings Share 45.14 | Revenue Per Share 297.062 | Quarterly Revenue Growth (0.03) |
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One'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 Cable One's market value can be influenced by many factors that don't directly affect Cable One'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 Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One'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.