COFCO Joycome (Germany) Probability of Future Stock Price Finishing Over 12.07
| 0M7 Stock | EUR 0.17 0.01 5.56% |
COFCO |
COFCO Joycome Target Price Odds to finish over 12.07
The tendency of COFCO 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 € 12.07 or more in 90 days |
| 0.17 | 90 days | 12.07 | close to zero percent |
Based on a normal probability distribution, the odds of COFCO Joycome to move over € 12.07 or more in 90 days from now is close to zero percent (This COFCO Joycome Foods probability density function shows the probability of COFCO Stock to fall within a particular range of prices over 90 days) . Probability of COFCO Joycome Foods price to stay between its current price of € 0.17 and € 12.07 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon COFCO Joycome has a beta of 0.43. This suggests as returns on the market go up, COFCO Joycome average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding COFCO Joycome Foods will be expected to be much smaller as well. Additionally COFCO Joycome Foods has an alpha of 0.352, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). COFCO Joycome Price Density |
| Price |
Predictive Modules for COFCO Joycome
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COFCO Joycome Foods. 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.COFCO Joycome Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COFCO Joycome is not an exception. The market had few large corrections towards the COFCO Joycome'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 COFCO Joycome Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COFCO Joycome within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
COFCO Joycome 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 COFCO Joycome for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COFCO Joycome Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COFCO Joycome Foods has some characteristics of a very speculative penny stock | |
| COFCO Joycome Foods had very high historical volatility over the last 90 days | |
| COFCO Joycome Foods has accumulated 242.67 M in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. COFCO Joycome Foods has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist COFCO Joycome until it has trouble settling it off, either with new capital or with free cash flow. So, COFCO Joycome'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 COFCO Joycome Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COFCO to invest in growth at high rates of return. When we think about COFCO Joycome's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.23 B. Net Loss for the year was (459.7 M) with profit before overhead, payroll, taxes, and interest of 2.99 B. | |
| About 47.0% of COFCO Joycome shares are owned by insiders or employees |
COFCO Joycome 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 COFCO Stock often depends not only on the future outlook of the current and potential COFCO Joycome'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. COFCO Joycome's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.9 B |
COFCO Joycome Technical Analysis
COFCO Joycome's future price can be derived by breaking down and analyzing its technical indicators over time. COFCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COFCO Joycome Foods. In general, you should focus on analyzing COFCO Stock price patterns and their correlations with different microeconomic environments and drivers.
COFCO Joycome Predictive Forecast Models
COFCO Joycome's time-series forecasting models is one of many COFCO Joycome'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 COFCO Joycome'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 COFCO Joycome Foods
Checking the ongoing alerts about COFCO Joycome for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COFCO Joycome Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COFCO Joycome Foods has some characteristics of a very speculative penny stock | |
| COFCO Joycome Foods had very high historical volatility over the last 90 days | |
| COFCO Joycome Foods has accumulated 242.67 M in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. COFCO Joycome Foods has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist COFCO Joycome until it has trouble settling it off, either with new capital or with free cash flow. So, COFCO Joycome'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 COFCO Joycome Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COFCO to invest in growth at high rates of return. When we think about COFCO Joycome's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.23 B. Net Loss for the year was (459.7 M) with profit before overhead, payroll, taxes, and interest of 2.99 B. | |
| About 47.0% of COFCO Joycome shares are owned by insiders or employees |
Other Information on Investing in COFCO Stock
COFCO Joycome financial ratios help investors to determine whether COFCO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COFCO with respect to the benefits of owning COFCO Joycome security.