Candela Invest (Belgium) Probability of Future Stock Price Finishing Over 24.82
| CAND Stock | EUR 1.20 0.00 0.00% |
Candela |
Candela Invest Target Price Odds to finish over 24.82
The tendency of Candela 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 € 24.82 or more in 90 days |
| 1.20 | 90 days | 24.82 | close to zero percent |
Based on a normal probability distribution, the odds of Candela Invest to move over € 24.82 or more in 90 days from now is close to zero percent (This Candela Invest SA probability density function shows the probability of Candela Stock to fall within a particular range of prices over 90 days) . Probability of Candela Invest SA price to stay between its current price of € 1.20 and € 24.82 at the end of the 90-day period is about 77.96 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.26 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Candela Invest will likely underperform. Additionally Candela Invest 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. Candela Invest Price Density |
| Price |
Predictive Modules for Candela Invest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Candela Invest 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.Candela Invest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Candela Invest is not an exception. The market had few large corrections towards the Candela Invest'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 Candela Invest SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Candela Invest within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.07 | |
β | Beta against Dow Jones | 1.26 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.15 |
Candela Invest 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 Candela Invest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Candela Invest 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.| Candela Invest SA generated a negative expected return over the last 90 days | |
| Candela Invest SA has high historical volatility and very poor performance | |
| Candela Invest SA may become a speculative penny stock | |
| Candela Invest SA has high likelihood to experience some financial distress in the next 2 years | |
| Candela Invest SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Candela Invest 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 Candela Stock often depends not only on the future outlook of the current and potential Candela Invest'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. Candela Invest's indicators that are reflective of the short sentiment are summarized in the table below.
| Forward Annual Dividend Rate | 0.6 |
Candela Invest Technical Analysis
Candela Invest's future price can be derived by breaking down and analyzing its technical indicators over time. Candela Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Candela Invest SA. In general, you should focus on analyzing Candela Stock price patterns and their correlations with different microeconomic environments and drivers.
Candela Invest Predictive Forecast Models
Candela Invest's time-series forecasting models is one of many Candela Invest'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 Candela Invest'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 Candela Invest SA
Checking the ongoing alerts about Candela Invest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Candela Invest SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Candela Invest SA generated a negative expected return over the last 90 days | |
| Candela Invest SA has high historical volatility and very poor performance | |
| Candela Invest SA may become a speculative penny stock | |
| Candela Invest SA has high likelihood to experience some financial distress in the next 2 years | |
| Candela Invest SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Additional Tools for Candela Stock Analysis
When running Candela Invest's price analysis, check to measure Candela Invest'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 Candela Invest is operating at the current time. Most of Candela Invest's value examination focuses on studying past and present price action to predict the probability of Candela Invest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Candela Invest's price. Additionally, you may evaluate how the addition of Candela Invest to your portfolios can decrease your overall portfolio volatility.