Cognex (Germany) Chance of Future Stock Price Finishing Under 41.01
| CGZ Stock | EUR 35.39 1.06 3.09% |
Cognex |
Cognex Target Price Odds to finish below 41.01
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 € 41.01 after 90 days |
| 35.39 | 90 days | 41.01 | close to 99 |
Based on a normal probability distribution, the odds of Cognex to stay under € 41.01 after 90 days from now is close to 99 (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 € 35.39 and € 41.01 at the end of the 90-day period is about 81.71 .
Assuming the 90 days horizon Cognex has a beta of 0.0252 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 an alpha of 0.012, implying that it can generate a 0.012 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 | 0.01 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | -0.0049 |
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 93.0% of the company shares are held by institutions such as insurance companies |
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 | 172.6 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 93.0% of the company shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Cognex Stock
When determining whether Cognex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognex Stock:Check out Cognex Backtesting, Cognex Valuation, Cognex Correlation, Cognex Hype Analysis, Cognex Volatility, Cognex History as well as Cognex Performance. For more detail on how to invest in Cognex Stock please use our How to Invest in Cognex guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.