Cerinnov Group (France) Probability of Future Stock Price Finishing Over 0.672
| ALPCV Stock | EUR 0.70 0.02 2.78% |
Cerinnov |
Cerinnov Group Target Price Odds to finish over 0.672
The tendency of Cerinnov 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 € 0.67 in 90 days |
| 0.70 | 90 days | 0.67 | roughly 96.0 |
Based on a normal probability distribution, the odds of Cerinnov Group to stay above € 0.67 in 90 days from now is roughly 96.0 (This Cerinnov Group SA probability density function shows the probability of Cerinnov Stock to fall within a particular range of prices over 90 days) . Probability of Cerinnov Group SA price to stay between € 0.67 and its current price of €0.7 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Cerinnov Group SA has a beta of -0.49. This suggests as returns on the benchmark increase, returns on holding Cerinnov Group are expected to decrease at a much lower rate. During a bear market, however, Cerinnov Group SA is likely to outperform the market. Additionally Cerinnov Group SA 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. Cerinnov Group Price Density |
| Price |
Predictive Modules for Cerinnov Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cerinnov Group SA. 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 Cerinnov Group'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.
Cerinnov Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cerinnov Group is not an exception. The market had few large corrections towards the Cerinnov Group'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 Cerinnov Group SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cerinnov Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.57 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.11 |
Cerinnov Group 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 Cerinnov Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cerinnov Group SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cerinnov Group SA generated a negative expected return over the last 90 days | |
| Cerinnov Group SA has high historical volatility and very poor performance | |
| Cerinnov Group SA has some characteristics of a very speculative penny stock | |
| Cerinnov Group SA has high likelihood to experience some financial distress in the next 2 years | |
| Cerinnov Group SA has accumulated €6.6 Million in debt which can lead to volatile earnings | |
| The company reported the revenue of 10.2 M. Net Loss for the year was (1.53 M) with profit before overhead, payroll, taxes, and interest of 6.42 M. |
Cerinnov Group 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 Cerinnov Stock often depends not only on the future outlook of the current and potential Cerinnov Group'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. Cerinnov Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 2.2 M |
Cerinnov Group Technical Analysis
Cerinnov Group's future price can be derived by breaking down and analyzing its technical indicators over time. Cerinnov Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cerinnov Group SA. In general, you should focus on analyzing Cerinnov Stock price patterns and their correlations with different microeconomic environments and drivers.
Cerinnov Group Predictive Forecast Models
Cerinnov Group's time-series forecasting models is one of many Cerinnov Group'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 Cerinnov Group'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 Cerinnov Group SA
Checking the ongoing alerts about Cerinnov Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cerinnov Group SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cerinnov Group SA generated a negative expected return over the last 90 days | |
| Cerinnov Group SA has high historical volatility and very poor performance | |
| Cerinnov Group SA has some characteristics of a very speculative penny stock | |
| Cerinnov Group SA has high likelihood to experience some financial distress in the next 2 years | |
| Cerinnov Group SA has accumulated €6.6 Million in debt which can lead to volatile earnings | |
| The company reported the revenue of 10.2 M. Net Loss for the year was (1.53 M) with profit before overhead, payroll, taxes, and interest of 6.42 M. |
Additional Tools for Cerinnov Stock Analysis
When running Cerinnov Group's price analysis, check to measure Cerinnov Group'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 Cerinnov Group is operating at the current time. Most of Cerinnov Group's value examination focuses on studying past and present price action to predict the probability of Cerinnov Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerinnov Group's price. Additionally, you may evaluate how the addition of Cerinnov Group to your portfolios can decrease your overall portfolio volatility.