Costar Group Stock Chance of Future Stock Price Finishing Over 91.95
| CSGP Stock | USD 91.95 7.33 8.66% |
Closest to current price CoStar long CALL Option Payoff at Expiration
CoStar |
CoStar Target Price Odds to finish over 91.95
The tendency of CoStar 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 |
| 91.95 | 90 days | 91.95 | about 19.54 |
Based on a normal probability distribution, the odds of CoStar to move above the current price in 90 days from now is about 19.54 (This CoStar Group probability density function shows the probability of CoStar Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.4 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CoStar will likely underperform. Additionally CoStar Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. CoStar Price Density |
| Price |
Predictive Modules for CoStar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CoStar Group. 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 CoStar'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.
CoStar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CoStar is not an exception. The market had few large corrections towards the CoStar'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 CoStar Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CoStar within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 1.40 | |
σ | Overall volatility | 4.94 | |
Ir | Information ratio | -0.02 |
CoStar 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 CoStar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CoStar Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CoStar Group is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: CoStar Group Q1 2024 Earnings Preview |
CoStar 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 CoStar Stock often depends not only on the future outlook of the current and potential CoStar'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. CoStar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 406.9 M | |
| Cash And Short Term Investments | 5.2 B |
CoStar Technical Analysis
CoStar's future price can be derived by breaking down and analyzing its technical indicators over time. CoStar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CoStar Group. In general, you should focus on analyzing CoStar Stock price patterns and their correlations with different microeconomic environments and drivers.
CoStar Predictive Forecast Models
CoStar's time-series forecasting models is one of many CoStar'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 CoStar'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 CoStar Group
Checking the ongoing alerts about CoStar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CoStar Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CoStar Group is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: CoStar Group Q1 2024 Earnings Preview |
Check out CoStar Backtesting, CoStar Valuation, CoStar Correlation, CoStar Hype Analysis, CoStar Volatility, CoStar History as well as CoStar Performance. Note that the CoStar Group information on this page should be used as a complementary analysis to other CoStar'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for CoStar Stock analysis
When running CoStar's price analysis, check to measure CoStar'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 CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is CoStar'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 CoStar. If investors know CoStar 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 CoStar 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 (0.23) | Earnings Share 0.92 | Revenue Per Share 6.057 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0204 |
The market value of CoStar Group is measured differently than its book value, which is the value of CoStar that is recorded on the company's balance sheet. Investors also form their own opinion of CoStar's value that differs from its market value or its book value, called intrinsic value, which is CoStar'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 CoStar's market value can be influenced by many factors that don't directly affect CoStar'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 CoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoStar'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.