Crescent Point Energy Stock Probability of Future Stock Price Finishing Over 9.43
| CPG Stock | USD 8.45 0.06 0.71% |
Closest to current price Crescent long CALL Option Payoff at Expiration
Crescent |
Crescent Point Target Price Odds to finish over 9.43
The tendency of Crescent 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 over $ 9.43 or more in 90 days |
| 8.45 | 90 days | 9.43 | near 1 |
Based on a normal probability distribution, the odds of Crescent Point to move over $ 9.43 or more in 90 days from now is near 1 (This Crescent Point Energy probability density function shows the probability of Crescent Stock to fall within a particular range of prices over 90 days) . Probability of Crescent Point Energy price to stay between its current price of $ 8.45 and $ 9.43 at the end of the 90-day period is about 9.15 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.12 suggesting Crescent Point Energy market returns are reactive to returns on the market. As the market goes up or down, Crescent Point is expected to follow. Additionally Crescent Point Energy has an alpha of 0.3432, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Crescent Point Price Density |
| Price |
Predictive Modules for Crescent Point
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Crescent Point Energy. 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 Crescent Point'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.
Crescent Point Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Crescent Point is not an exception. The market had few large corrections towards the Crescent Point'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 Crescent Point Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Crescent Point within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.34 | |
β | Beta against NYSE Composite | 1.12 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | 0.21 |
Crescent Point 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 Crescent Point for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Crescent Point Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 3.71 B in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Crescent Point Energy has a current ratio of 0.58, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Crescent Point until it has trouble settling it off, either with new capital or with free cash flow. So, Crescent Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crescent Point Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crescent to invest in growth at high rates of return. When we think about Crescent Point's use of debt, we should always consider it together with cash and equity. | |
| On 1st of April 2024 Crescent Point paid $ 0.0848 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Grocery TVs In-Store Retail Media Network Achieves an Average 14 percent Sales Lift for CPG Brands |
Crescent Point 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 Crescent Stock often depends not only on the future outlook of the current and potential Crescent Point'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. Crescent Point's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 548.3 M | |
| Cash And Short Term Investments | 17.3 M |
Crescent Point Technical Analysis
Crescent Point's future price can be derived by breaking down and analyzing its technical indicators over time. Crescent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Crescent Point Energy. In general, you should focus on analyzing Crescent Stock price patterns and their correlations with different microeconomic environments and drivers.
Crescent Point Predictive Forecast Models
Crescent Point's time-series forecasting models is one of many Crescent Point'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 Crescent Point'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 Crescent Point Energy
Checking the ongoing alerts about Crescent Point for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Crescent Point Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 3.71 B in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Crescent Point Energy has a current ratio of 0.58, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Crescent Point until it has trouble settling it off, either with new capital or with free cash flow. So, Crescent Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crescent Point Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crescent to invest in growth at high rates of return. When we think about Crescent Point's use of debt, we should always consider it together with cash and equity. | |
| On 1st of April 2024 Crescent Point paid $ 0.0848 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Grocery TVs In-Store Retail Media Network Achieves an Average 14 percent Sales Lift for CPG Brands |
Check out Crescent Point Backtesting, Crescent Point Valuation, Crescent Point Correlation, Crescent Point Hype Analysis, Crescent Point Volatility, Crescent Point History as well as Crescent Point Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point'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 Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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Is Crescent Point'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 Crescent Point. If investors know Crescent 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 Crescent Point 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 (0.33) | Dividend Share 0.4 | Earnings Share 1.06 | Revenue Per Share 5.846 | Quarterly Revenue Growth 0.078 |
The market value of Crescent Point Energy is measured differently than its book value, which is the value of Crescent that is recorded on the company's balance sheet. Investors also form their own opinion of Crescent Point's value that differs from its market value or its book value, called intrinsic value, which is Crescent Point'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 Crescent Point's market value can be influenced by many factors that don't directly affect Crescent Point'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 Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point'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.