Computer Direct (Israel) Probability of Future Stock Price Finishing Over 0.00
| CMDR Stock | ILS 26,960 860.00 3.09% |
Computer |
Computer Direct Target Price Odds to finish over 0.00
The tendency of Computer 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 stay above S 0.00 in 90 days |
| 26,960 | 90 days | 0.00 | close to 99 |
Based on a normal probability distribution, the odds of Computer Direct to stay above S 0.00 in 90 days from now is close to 99 (This Computer Direct probability density function shows the probability of Computer Stock to fall within a particular range of prices over 90 days) . Probability of Computer Direct price to stay between S 0.00 and its current price of S26960.0 at the end of the 90-day period is about 66.5 .
Assuming the 90 days trading horizon Computer Direct has a beta of 0.29 suggesting as returns on the market go up, Computer Direct average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Computer Direct will be expected to be much smaller as well. Additionally Computer Direct has an alpha of 0.1531, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Computer Direct Price Density |
| Price |
Predictive Modules for Computer Direct
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Computer Direct. 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 Computer Direct'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.
Computer Direct Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Computer Direct is not an exception. The market had few large corrections towards the Computer Direct'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 Computer Direct, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Computer Direct within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | 0.29 | |
σ | Overall volatility | 2,064 | |
Ir | Information ratio | 0.04 |
Computer Direct 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 Computer Direct for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Computer Direct can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Computer Direct has accumulated S217.81 Million in debt which can lead to volatile earnings | |
| About 77.0% of the company shares are held by company insiders |
Computer Direct 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 Computer Stock often depends not only on the future outlook of the current and potential Computer Direct'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. Computer Direct's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 M |
Computer Direct Technical Analysis
Computer Direct's future price can be derived by breaking down and analyzing its technical indicators over time. Computer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Computer Direct. In general, you should focus on analyzing Computer Stock price patterns and their correlations with different microeconomic environments and drivers.
Computer Direct Predictive Forecast Models
Computer Direct's time-series forecasting models is one of many Computer Direct'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 Computer Direct'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 Computer Direct
Checking the ongoing alerts about Computer Direct for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Computer Direct help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Computer Direct has accumulated S217.81 Million in debt which can lead to volatile earnings | |
| About 77.0% of the company shares are held by company insiders |
Check out Computer Direct Backtesting, Computer Direct Valuation, Computer Direct Correlation, Computer Direct Hype Analysis, Computer Direct Volatility, Computer Direct History as well as Computer Direct Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Computer Stock analysis
When running Computer Direct's price analysis, check to measure Computer Direct'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 Computer Direct is operating at the current time. Most of Computer Direct's value examination focuses on studying past and present price action to predict the probability of Computer Direct's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Computer Direct's price. Additionally, you may evaluate how the addition of Computer Direct to your portfolios can decrease your overall portfolio volatility.
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