Cognex Stock Chance of Future Stock Price Finishing Under 40.38
| CGNX Stock | USD 36.04 0.90 2.44% |
Cognex |
Cognex Target Price Odds to finish below 40.38
The tendency of Cognex 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 under $ 40.38 after 90 days |
| 36.04 | 90 days | 40.38 | about 73.9 |
Based on a normal probability distribution, the odds of Cognex to stay under $ 40.38 after 90 days from now is about 73.9 (This Cognex probability density function shows the probability of Cognex Stock to fall within a particular range of prices over 90 days) . Probability of Cognex price to stay between its current price of $ 36.04 and $ 40.38 at the end of the 90-day period is about 71.28 .
Given the investment horizon of 90 days Cognex has a beta of 0.19 suggesting as returns on the market go up, Cognex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cognex will be expected to be much smaller as well. Additionally Cognex 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. Cognex Price Density |
| Price |
Predictive Modules for Cognex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cognex. 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.Cognex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cognex is not an exception. The market had few large corrections towards the Cognex'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 Cognex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cognex within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | -0.06 |
Cognex 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 Cognex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cognex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cognex generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 29th of November 2024 Cognex paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3492 shares by Paul Todgham of Cognex subject to Rule 16b-3 |
Cognex 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 Cognex Stock often depends not only on the future outlook of the current and potential Cognex'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. Cognex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.4 M | |
| Cash And Short Term Investments | 332 M |
Cognex Technical Analysis
Cognex's future price can be derived by breaking down and analyzing its technical indicators over time. Cognex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cognex. In general, you should focus on analyzing Cognex Stock price patterns and their correlations with different microeconomic environments and drivers.
Cognex Predictive Forecast Models
Cognex's time-series forecasting models is one of many Cognex'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 Cognex'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 Cognex
Checking the ongoing alerts about Cognex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cognex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cognex generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 29th of November 2024 Cognex paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3492 shares by Paul Todgham of Cognex subject to Rule 16b-3 |
Additional Tools for Cognex Stock Analysis
When running Cognex's price analysis, check to measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.