Cargojet Stock Price Prediction
| CJT Stock | CAD 87.66 0.61 0.69% |
Cargojet stock price prediction is an act of determining the future value of Cargojet shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Cargojet's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cargojet and does not consider all of the tangible or intangible factors available from Cargojet's fundamental data. We analyze noise-free headlines and recent hype associated with Cargojet, which may create opportunities for some arbitrage if properly timed.
Quarterly Earnings Growth (0.80) | EPS Estimate Next Quarter 1.02 | EPS Estimate Current Year 4 | EPS Estimate Next Year 4.62 | Wall Street Target Price 142.75 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Cargojet based on different types of headlines from major news networks to social media. The Cargojet stock price prediction module provides an analysis of price elasticity to changes in media outlook on Cargojet over a specific investment horizon. Using Cargojet hype-based prediction, you can estimate the value of Cargojet from the perspective of Cargojet response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Cargojet. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Cargojet to buy its stock at a price that has no basis in reality. In that case, they are not buying Cargojet because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cargojet after-hype prediction price | CAD 87.57 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Cargojet |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cargojet'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. Please use the tools below to analyze the current value of Cargojet in the context of predictive analytics.
Cargojet After-Hype Price Prediction Density Analysis
As far as predicting the price of Cargojet at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cargojet or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cargojet, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cargojet Estimiated After-Hype Price Volatility
In the context of predicting Cargojet's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cargojet's historical news coverage. Cargojet's after-hype downside and upside margins for the prediction period are 85.74 and 89.40, respectively. We have considered Cargojet's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cargojet is very steady asset. Analysis and calculation of next after-hype price of Cargojet is based on 3 months time horizon.
Cargojet Stock Price Prediction Analysis
Have you ever been surprised when a price of a company such as Cargojet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cargojet backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cargojet, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
| 0.09 | 1.83 | 0.09 | 0.00 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
| 87.66 | 87.57 | 0.10 |
|
Cargojet Hype Timeline
Cargojet is currently traded for 87.66on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.09 and average elasticity to hype of competition of 0.0. Cargojet is anticipated to decline in value after the next headline with the price expected to drop to 87.57. The average volatility of media hype impact on the company price is about 181.19%. The price drop on the next newsis expected to be -0.1% whereas the daily expected return is currently at -0.09%. The volatility of related hype on Cargojet is about 4451.35% with expected price after next announcement by competition of 87.66. About 50.0% of the company shares are held by institutions such as insurance companies. The book value of Cargojet was currently reported as 51.35. The company has Price/Earnings (P/E) ratio of 226.44. Cargojet recorded earning per share (EPS) of 7.92. The entity last dividend was issued on the 19th of September 2023. Assuming the 90 days trading horizon the next anticipated press release will be in about 7 days. Check out Cargojet Basic Forecasting Models to cross-verify your projections.Cargojet Related Hype Analysis
Having access to credible news sources related to Cargojet's direct competition is more important than ever and may enhance your ability to predict Cargojet's future price movements. Getting to know how Cargojet rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cargojet may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ET | Evertz Technologies Limited | (0.23) | 7 per month | 0.00 | 0.0142 | 1.67 | (2.04) | 5.76 | |
| DND | Dye Durham | 0.58 | 9 per month | 0.00 | (0.06) | 3.17 | (6.15) | 27.41 | |
| ADZ | Adamera Minerals Corp | 0.00 | 0 per month | 0.00 | 0.08 | 20.00 | (20.00) | 78.57 | |
| THNC | Thinkific Labs | 0.04 | 2 per month | 2.37 | 0.11 | 5.71 | (4.64) | 12.90 | |
| MUR | Murchison Minerals | 0.00 | 3 per month | 0.00 | (0.09) | 14.29 | (12.50) | 26.79 | |
| EMO | Emerita Resources Corp | (0.03) | 2 per month | 2.92 | 0.06 | 10.81 | (5.56) | 24.63 | |
| PNE | Pine Cliff Energy | 0.01 | 1 per month | 1.95 | 0.06 | 2.14 | (2.80) | 9.91 | |
| SURG | Surge Copper Corp | 0.00 | 7 per month | 4.19 | 0.0275 | 11.11 | (10.00) | 25.38 | |
| NRM | Noram Lithium Corp | 0.00 | 2 per month | 0.00 | (0.07) | 4.76 | (7.27) | 34.31 |
Cargojet Additional Predictive Modules
Most predictive techniques to examine Cargojet price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cargojet using various technical indicators. When you analyze Cargojet charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Cargojet Predictive Indicators
The successful prediction of Cargojet stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cargojet, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cargojet based on analysis of Cargojet hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cargojet's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cargojet's related companies. | 2020 | 2022 | 2023 (projected) | Long Term Debt to Equity | 2.68 | 0.5 | 0.52 | Interest Coverage | 7.64 | 6.88 | 7.42 |
Story Coverage note for Cargojet
The number of cover stories for Cargojet depends on current market conditions and Cargojet's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cargojet is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cargojet's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
Cargojet Short Properties
Cargojet's future price predictability will typically decrease when Cargojet's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cargojet often depends not only on the future outlook of the potential Cargojet'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. Cargojet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.3 M | |
| Cash And Short Term Investments | 6.1 M |
Check out Cargojet Basic Forecasting Models to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Cargojet Stock analysis
When running Cargojet's price analysis, check to measure Cargojet'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 Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| ETF Directory Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |