CANON MARKETING (Germany) Probability of Future Stock Price Finishing Under 19.42
| CNJ Stock | EUR 31.00 0.20 0.64% |
CANON |
CANON MARKETING Target Price Odds to finish below 19.42
The tendency of CANON 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 € 19.42 or more in 90 days |
| 31.00 | 90 days | 19.42 | near 1 |
Based on a normal probability distribution, the odds of CANON MARKETING to drop to € 19.42 or more in 90 days from now is near 1 (This CANON MARKETING JP probability density function shows the probability of CANON Stock to fall within a particular range of prices over 90 days) . Probability of CANON MARKETING JP price to stay between € 19.42 and its current price of €31.0 at the end of the 90-day period is roughly 97.0 .
Assuming the 90 days trading horizon CANON MARKETING has a beta of 0.23 suggesting as returns on the market go up, CANON MARKETING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CANON MARKETING JP will be expected to be much smaller as well. Additionally CANON MARKETING JP has an alpha of 0.0381, implying that it can generate a 0.0381 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CANON MARKETING Price Density |
| Price |
Predictive Modules for CANON MARKETING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CANON MARKETING JP. 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.CANON MARKETING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CANON MARKETING is not an exception. The market had few large corrections towards the CANON MARKETING'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 CANON MARKETING JP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CANON MARKETING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.02 |
CANON MARKETING 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 CANON Stock often depends not only on the future outlook of the current and potential CANON MARKETING'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. CANON MARKETING's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.7 M | |
| Dividends Paid | 9.1 B |
CANON MARKETING Technical Analysis
CANON MARKETING's future price can be derived by breaking down and analyzing its technical indicators over time. CANON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CANON MARKETING JP. In general, you should focus on analyzing CANON Stock price patterns and their correlations with different microeconomic environments and drivers.
CANON MARKETING Predictive Forecast Models
CANON MARKETING's time-series forecasting models is one of many CANON MARKETING'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 CANON MARKETING'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.
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 CANON MARKETING 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, CANON MARKETING's short interest history, or implied volatility extrapolated from CANON MARKETING options trading.
Additional Tools for CANON Stock Analysis
When running CANON MARKETING's price analysis, check to measure CANON MARKETING'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 CANON MARKETING is operating at the current time. Most of CANON MARKETING's value examination focuses on studying past and present price action to predict the probability of CANON MARKETING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CANON MARKETING's price. Additionally, you may evaluate how the addition of CANON MARKETING to your portfolios can decrease your overall portfolio volatility.