Companhia Energtica (Brazil) Probability of Future Preferred Stock Price Finishing Over 9.85
| CMIG4 Preferred Stock | BRL 11.65 0.25 2.10% |
Companhia |
Companhia Energtica Target Price Odds to finish over 9.85
The tendency of Companhia Preferred 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 above R$ 9.85 in 90 days |
| 11.65 | 90 days | 9.85 | close to 99 |
Based on a normal probability distribution, the odds of Companhia Energtica to stay above R$ 9.85 in 90 days from now is close to 99 (This Companhia Energtica de probability density function shows the probability of Companhia Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Companhia Energtica price to stay between R$ 9.85 and its current price of R$11.65 at the end of the 90-day period is about 81.03 .
Assuming the 90 days trading horizon Companhia Energtica de has a beta of -0.15 suggesting as returns on the benchmark increase, returns on holding Companhia Energtica are expected to decrease at a much lower rate. During a bear market, however, Companhia Energtica de is likely to outperform the market. Additionally Companhia Energtica de has an alpha of 0.0872, implying that it can generate a 0.0872 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Companhia Energtica Price Density |
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Predictive Modules for Companhia Energtica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Companhia Energtica. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Companhia Energtica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Companhia Energtica is not an exception. The market had few large corrections towards the Companhia Energtica'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 Companhia Energtica de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Companhia Energtica within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.04 |
Companhia Energtica 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 Companhia Preferred Stock often depends not only on the future outlook of the current and potential Companhia Energtica'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. Companhia Energtica's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 B | |
| Cash And Short Term Investments | 4.1 B |
Companhia Energtica Technical Analysis
Companhia Energtica's future price can be derived by breaking down and analyzing its technical indicators over time. Companhia Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Companhia Energtica de. In general, you should focus on analyzing Companhia Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Companhia Energtica Predictive Forecast Models
Companhia Energtica's time-series forecasting models is one of many Companhia Energtica's preferred 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 Companhia Energtica'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 preferred 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 Companhia Energtica 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, Companhia Energtica's short interest history, or implied volatility extrapolated from Companhia Energtica options trading.
Additional Tools for Companhia Preferred Stock Analysis
When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Companhia Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.