Carrier Global (Germany) Probability of Future Stock Price Finishing Under 49.91
| 4PN Stock | EUR 64.04 0.21 0.33% |
Carrier |
Carrier Global Target Price Odds to finish below 49.91
The tendency of Carrier 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 drop to € 49.91 or more in 90 days |
| 64.04 | 90 days | 49.91 | near 1 |
Based on a normal probability distribution, the odds of Carrier Global to drop to € 49.91 or more in 90 days from now is near 1 (This Carrier Global probability density function shows the probability of Carrier Stock to fall within a particular range of prices over 90 days) . Probability of Carrier Global price to stay between € 49.91 and its current price of €64.04 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.12 . This suggests Carrier Global market returns are reactive to returns on the market. As the market goes up or down, Carrier Global is expected to follow. Additionally Carrier Global has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Carrier Global Price Density |
| Price |
Predictive Modules for Carrier Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carrier Global. 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.Carrier Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carrier Global is not an exception. The market had few large corrections towards the Carrier Global'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 Carrier Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carrier Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 2.65 | |
Ir | Information ratio | -0.09 |
Carrier Global 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 Carrier Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carrier Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Carrier Global generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutions such as pension funds |
Carrier Global 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 Carrier Stock often depends not only on the future outlook of the current and potential Carrier Global'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. Carrier Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 834.7 M |
Carrier Global Technical Analysis
Carrier Global's future price can be derived by breaking down and analyzing its technical indicators over time. Carrier Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carrier Global. In general, you should focus on analyzing Carrier Stock price patterns and their correlations with different microeconomic environments and drivers.
Carrier Global Predictive Forecast Models
Carrier Global's time-series forecasting models is one of many Carrier Global'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 Carrier Global'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 Carrier Global
Checking the ongoing alerts about Carrier Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carrier Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carrier Global generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutions such as pension funds |
Other Information on Investing in Carrier Stock
Carrier Global financial ratios help investors to determine whether Carrier 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 Carrier with respect to the benefits of owning Carrier Global security.