Canadian OTC Stock Probability of Future OTC Stock Price Finishing Over 26.80

CDUUF -  USA Stock  

USD 26.80  0.00  0.00%

Canadian Utilities' future price is the expected price of Canadian Utilities 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 Canadian Utilities performance during a given time horizon utilizing its historical volatility.

Canadian Price Probability 

 
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Continue to Canadian Utilities Backtesting, Canadian Utilities Valuation, Canadian Utilities Correlation, Canadian Utilities Hype Analysis, Canadian Utilities Volatility, Canadian Utilities History as well as Canadian Utilities Performance. Please specify Canadian Utilities time horizon, a valid symbol (red box) and a target price (blue box) you would like Canadian Utilities odds to be computed.
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Canadian Utilities Target Price Odds to finish over 26.80

The tendency of Canadian OTC 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 foresting. 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
 26.80 90 days 26.80  over 95.54
Based on a normal probability distribution, the odds of Canadian Utilities to move above the current price in 90 days from now is over 95.54 (This Canadian Utilities probability density function shows the probability of Canadian OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Canadian Utilities has a beta of 0.0284 suggesting as returns on the market go up, Canadian Utilities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canadian Utilities will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Canadian Utilities is significantly underperforming DOW.
 Canadian Utilities Price Density 
      Price 

Predictive Modules for Canadian Utilities

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canadian Utilities. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Canadian Utilities' 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. Please use the tools below to analyze the current value of Canadian Utilities in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.5526.8027.05
Details
Intrinsic
Valuation
LowReal ValueHigh
26.3626.6126.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canadian Utilities. Your research has to be compared to or analyzed against Canadian Utilities' peers to derive any actionable benefits. When done correctly, Canadian Utilities' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Canadian Utilities.

Canadian Utilities Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Canadian Utilities is not an exception. The market had few large corrections towards the Canadian Utilities' 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 Canadian Utilities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canadian Utilities within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.05
β
Beta against DOW0.0284
σ
Overall volatility
0.20
Ir
Information ratio -0.24

Canadian Utilities 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 Canadian Utilities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canadian Utilities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Canadian Utilities generated a negative expected return over the last 90 days
Canadian Utilities has high likelihood to experience some financial distress in the next 2 years
About 91.0% of the company shares are held by company insiders
Latest headline from www.nasdaq.com: CANADA FX DEBT-Canadian dollar nears 2-month high on firm oil prices - Nasdaq

Canadian Utilities 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 Canadian OTC Stock often depends not only on the future outlook of the current and potential Canadian Utilities' 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. Canadian Utilities' indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate1.75
Float Shares125.12M
Average Daily Volume In Three Month9
Trailing Annual Dividend Yield6.51%

Canadian Utilities Technical Analysis

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

Canadian Utilities Predictive Forecast Models

Canadian Utilities time-series forecasting models is one of many Canadian Utilities' otc stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Canadian Utilities' 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 Canadian Utilities

Checking the ongoing alerts about Canadian Utilities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canadian Utilities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Canadian Utilities Alerts

Canadian Utilities Alerts and Suggestions

Canadian Utilities generated a negative expected return over the last 90 days
Canadian Utilities has high likelihood to experience some financial distress in the next 2 years
About 91.0% of the company shares are held by company insiders
Latest headline from www.nasdaq.com: CANADA FX DEBT-Canadian dollar nears 2-month high on firm oil prices - Nasdaq
Continue to Canadian Utilities Backtesting, Canadian Utilities Valuation, Canadian Utilities Correlation, Canadian Utilities Hype Analysis, Canadian Utilities Volatility, Canadian Utilities History as well as Canadian Utilities Performance. Note that the Canadian Utilities information on this page should be used as a complementary analysis to other Canadian Utilities' 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Canadian OTC Stock analysis

When running Canadian Utilities price analysis, check to measure Canadian Utilities' 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 Canadian Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.
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The market value of Canadian Utilities is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Utilities' value that differs from its market value or its book value, called intrinsic value, which is Canadian Utilities' 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 Canadian Utilities' market value can be influenced by many factors that don't directly affect Canadian Utilities underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine Canadian Utilities value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Utilities' 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.