Collins Foods (Australia) Probability of Future Stock Price Finishing Under 4.09
| CKF Stock | 7.35 0.05 0.68% |
Collins |
Collins Foods Target Price Odds to finish below 4.09
The tendency of Collins 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 4.09 or more in 90 days |
| 7.35 | 90 days | 4.09 | near 1 |
Based on a normal probability distribution, the odds of Collins Foods to drop to 4.09 or more in 90 days from now is near 1 (This Collins Foods probability density function shows the probability of Collins Stock to fall within a particular range of prices over 90 days) . Probability of Collins Foods price to stay between 4.09 and its current price of 7.35 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Collins Foods has a beta of 0.39 suggesting as returns on the market go up, Collins Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Collins Foods will be expected to be much smaller as well. Additionally Collins Foods 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. Collins Foods Price Density |
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Predictive Modules for Collins Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Collins Foods. 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.Collins Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Collins Foods is not an exception. The market had few large corrections towards the Collins Foods' 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 Collins Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Collins Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | -0.16 |
Collins Foods 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 Collins Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Collins Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Collins Foods generated a negative expected return over the last 90 days | |
| Collins Foods has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from news.google.com: Collins Foods Boosts Employee Incentives with New Securities - MSN |
Collins Foods 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 Collins Stock often depends not only on the future outlook of the current and potential Collins Foods' 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. Collins Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.7 M | |
| Cash And Short Term Investments | 83.8 M |
Collins Foods Technical Analysis
Collins Foods' future price can be derived by breaking down and analyzing its technical indicators over time. Collins Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Collins Foods. In general, you should focus on analyzing Collins Stock price patterns and their correlations with different microeconomic environments and drivers.
Collins Foods Predictive Forecast Models
Collins Foods' time-series forecasting models is one of many Collins Foods' 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 Collins Foods' 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 Collins Foods
Checking the ongoing alerts about Collins Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Collins Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Collins Foods generated a negative expected return over the last 90 days | |
| Collins Foods has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from news.google.com: Collins Foods Boosts Employee Incentives with New Securities - MSN |
Additional Tools for Collins Stock Analysis
When running Collins Foods' price analysis, check to measure Collins Foods' 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 Collins Foods is operating at the current time. Most of Collins Foods' value examination focuses on studying past and present price action to predict the probability of Collins Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Collins Foods' price. Additionally, you may evaluate how the addition of Collins Foods to your portfolios can decrease your overall portfolio volatility.