Chesapeake Utilities Stock Probability of Future Stock Price Finishing Under 127.35
| CPK Stock | USD 120.83 1.30 1.06% |
Chesapeake |
Chesapeake Utilities Target Price Odds to finish below 127.35
The tendency of Chesapeake 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 $ 127.35 after 90 days |
| 120.83 | 90 days | 127.35 | about 80.52 |
Based on a normal probability distribution, the odds of Chesapeake Utilities to stay under $ 127.35 after 90 days from now is about 80.52 (This Chesapeake Utilities probability density function shows the probability of Chesapeake Stock to fall within a particular range of prices over 90 days) . Probability of Chesapeake Utilities price to stay between its current price of $ 120.83 and $ 127.35 at the end of the 90-day period is about 52.01 .
Considering the 90-day investment horizon Chesapeake Utilities has a beta of 0.2 suggesting as returns on the market go up, Chesapeake Utilities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chesapeake Utilities will be expected to be much smaller as well. Additionally Chesapeake Utilities 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. Chesapeake Utilities Price Density |
| Price |
Predictive Modules for Chesapeake Utilities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chesapeake Utilities. 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.Chesapeake Utilities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chesapeake Utilities is not an exception. The market had few large corrections towards the Chesapeake Utilities' 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 Chesapeake Utilities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chesapeake Utilities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 4.56 | |
Ir | Information ratio | -0.03 |
Chesapeake Utilities 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 Chesapeake Utilities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chesapeake Utilities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chesapeake Utilities generated a negative expected return over the last 90 days | |
| Chesapeake Utilities has 1.4 B in debt with debt to equity (D/E) ratio of 0.93, which is OK given its current industry classification. Chesapeake Utilities has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Chesapeake to invest in growth at high rates of return. | |
| Over 87.0% of Chesapeake Utilities shares are held by institutions such as insurance companies | |
| Latest headline from investors.com: Chesapeake Utilities Shows Rising Relative Price Performance Still Shy Of Key Threshold |
Chesapeake Utilities 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 Chesapeake Stock often depends not only on the future outlook of the current and potential Chesapeake Utilities' 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. Chesapeake Utilities' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.4 M | |
| Cash And Short Term Investments | 4.9 M |
Chesapeake Utilities Technical Analysis
Chesapeake Utilities' future price can be derived by breaking down and analyzing its technical indicators over time. Chesapeake Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chesapeake Utilities. In general, you should focus on analyzing Chesapeake Stock price patterns and their correlations with different microeconomic environments and drivers.
Chesapeake Utilities Predictive Forecast Models
Chesapeake Utilities' time-series forecasting models is one of many Chesapeake Utilities' 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 Chesapeake Utilities' 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 Chesapeake Utilities
Checking the ongoing alerts about Chesapeake Utilities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chesapeake Utilities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chesapeake Utilities generated a negative expected return over the last 90 days | |
| Chesapeake Utilities has 1.4 B in debt with debt to equity (D/E) ratio of 0.93, which is OK given its current industry classification. Chesapeake Utilities has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Chesapeake to invest in growth at high rates of return. | |
| Over 87.0% of Chesapeake Utilities shares are held by institutions such as insurance companies | |
| Latest headline from investors.com: Chesapeake Utilities Shows Rising Relative Price Performance Still Shy Of Key Threshold |
Check out Chesapeake Utilities Backtesting, Chesapeake Utilities Valuation, Chesapeake Utilities Correlation, Chesapeake Utilities Hype Analysis, Chesapeake Utilities Volatility, Chesapeake Utilities History as well as Chesapeake Utilities Performance. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Gas Utilities 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 Chesapeake Utilities. If investors know Chesapeake 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 Chesapeake Utilities 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 0.472 | Dividend Share 2.46 | Earnings Share 4.92 | Revenue Per Share 34.76 | Quarterly Revenue Growth 0.217 |
The market value of Chesapeake Utilities is measured differently than its book value, which is the value of Chesapeake that is recorded on the company's balance sheet. Investors also form their own opinion of Chesapeake Utilities' value that differs from its market value or its book value, called intrinsic value, which is Chesapeake Utilities' 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 Chesapeake Utilities' market value can be influenced by many factors that don't directly affect Chesapeake Utilities' 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 Chesapeake Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chesapeake Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chesapeake Utilities' 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.