CoStar (Brazil) Chance of Future Stock Price Finishing Under 4.1
| C1GP34 Stock | BRL 4.52 0.10 2.16% |
CoStar |
CoStar Target Price Odds to finish below 4.1
The tendency of CoStar 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 R$ 4.10 or more in 90 days |
| 4.52 | 90 days | 4.10 | about 15.73 |
Based on a normal probability distribution, the odds of CoStar to drop to R$ 4.10 or more in 90 days from now is about 15.73 (This CoStar Group probability density function shows the probability of CoStar Stock to fall within a particular range of prices over 90 days) . Probability of CoStar Group price to stay between R$ 4.10 and its current price of R$4.52 at the end of the 90-day period is about 61.47 .
Assuming the 90 days trading horizon CoStar has a beta of 0.71 suggesting as returns on the market go up, CoStar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CoStar Group will be expected to be much smaller as well. Additionally CoStar Group 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. CoStar Price Density |
| Price |
Predictive Modules for CoStar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CoStar Group. 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.CoStar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CoStar is not an exception. The market had few large corrections towards the CoStar'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 CoStar Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CoStar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.03 |
CoStar 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 CoStar Stock often depends not only on the future outlook of the current and potential CoStar'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. CoStar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 394.9 M |
CoStar Technical Analysis
CoStar's future price can be derived by breaking down and analyzing its technical indicators over time. CoStar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CoStar Group. In general, you should focus on analyzing CoStar Stock price patterns and their correlations with different microeconomic environments and drivers.
CoStar Predictive Forecast Models
CoStar's time-series forecasting models is one of many CoStar'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 CoStar'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoStar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoStar's short interest history, or implied volatility extrapolated from CoStar options trading.
Additional Information and Resources on Investing in CoStar Stock
When determining whether CoStar Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CoStar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costar Group Stock. Highlighted below are key reports to facilitate an investment decision about Costar Group Stock:Check out CoStar Backtesting, CoStar Valuation, CoStar Correlation, CoStar Hype Analysis, CoStar Volatility, CoStar History as well as CoStar Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.