Canterbury Park Holding Stock Probability of Future Stock Price Finishing Over 28.47

CPHC Stock  USD 21.48  0.08  0.37%   
Canterbury Park's future price is the expected price of Canterbury Park instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Canterbury Park Holding performance during a given time horizon utilizing its historical volatility. Check out Canterbury Park Backtesting, Canterbury Park Valuation, Canterbury Park Correlation, Canterbury Park Hype Analysis, Canterbury Park Volatility, Canterbury Park History as well as Canterbury Park Performance.
  
At present, Canterbury Park's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.26, whereas Price Earnings Ratio is forecasted to decline to 9.04. Please specify Canterbury Park's target price for which you would like Canterbury Park odds to be computed.

Canterbury Park Target Price Odds to finish over 28.47

The tendency of Canterbury 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 PriceHorizonTarget PriceOdds to move over $ 28.47  or more in 90 days
 21.48 90 days 28.47 
near 1
Based on a normal probability distribution, the odds of Canterbury Park to move over $ 28.47  or more in 90 days from now is near 1 (This Canterbury Park Holding probability density function shows the probability of Canterbury Stock to fall within a particular range of prices over 90 days) . Probability of Canterbury Park Holding price to stay between its current price of $ 21.48  and $ 28.47  at the end of the 90-day period is about 1.67 .
Given the investment horizon of 90 days Canterbury Park has a beta of 0.55 suggesting as returns on the market go up, Canterbury Park average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canterbury Park Holding will be expected to be much smaller as well. Additionally Canterbury Park Holding has an alpha of 0.0778, implying that it can generate a 0.0778 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Canterbury Park Price Density   
JavaScript chart by amCharts 3.21.1514.7515.6816.6117.7718.719.5120.4421.3722.18Current PriceTargetCanterbury Park Mean 0.10.20.30.4
       Price  

Predictive Modules for Canterbury Park

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canterbury Park Holding. 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.
Hype
Prediction
LowEstimatedHigh
19.0521.6124.17
Details
Intrinsic
Valuation
LowRealHigh
11.6414.2023.63
Details
0 Analysts
Consensus
LowTargetHigh
10.0111.0012.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canterbury Park. Your research has to be compared to or analyzed against Canterbury Park's peers to derive any actionable benefits. When done correctly, Canterbury Park's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canterbury Park Holding.

Canterbury Park Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Canterbury Park is not an exception. The market had few large corrections towards the Canterbury Park'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 Canterbury Park Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canterbury Park within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.08
β
Beta against Dow Jones0.55
σ
Overall volatility
0.94
Ir
Information ratio 0.01

Canterbury Park 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 Canterbury Park for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canterbury Park Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Canterbury Park is unlikely to experience financial distress in the next 2 years
Canterbury Park has a strong financial position based on the latest SEC filings
About 34.0% of the company shares are held by company insiders
Latest headline from aol.com: Dazzling Harry Brook can lead a new Fab Four in Test cricket - who else can join him

Canterbury Park 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 Canterbury Stock often depends not only on the future outlook of the current and potential Canterbury Park'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. Canterbury Park's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4.9 M
Cash And Short Term Investments26.9 M

Canterbury Park Technical Analysis

Canterbury Park's future price can be derived by breaking down and analyzing its technical indicators over time. Canterbury Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canterbury Park Holding. In general, you should focus on analyzing Canterbury Stock price patterns and their correlations with different microeconomic environments and drivers.

Canterbury Park Predictive Forecast Models

Canterbury Park's time-series forecasting models is one of many Canterbury Park'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 Canterbury Park'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 Canterbury Park Holding

Checking the ongoing alerts about Canterbury Park for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canterbury Park Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Canterbury Park is unlikely to experience financial distress in the next 2 years
Canterbury Park has a strong financial position based on the latest SEC filings
About 34.0% of the company shares are held by company insiders
Latest headline from aol.com: Dazzling Harry Brook can lead a new Fab Four in Test cricket - who else can join him
When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park'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 Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.