Copper 360 (South Africa) Probability of Future Stock Price Finishing Under 228.61
| CPR Stock | 255.00 8.00 3.24% |
Copper |
Copper 360 Target Price Odds to finish below 228.61
The tendency of Copper 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 228.61 or more in 90 days |
| 255.00 | 90 days | 228.61 | near 1 |
Based on a normal probability distribution, the odds of Copper 360 to drop to 228.61 or more in 90 days from now is near 1 (This Copper 360 probability density function shows the probability of Copper Stock to fall within a particular range of prices over 90 days) . Probability of Copper 360 price to stay between 228.61 and its current price of 255.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Copper 360 has a beta of 0.42 suggesting as returns on the market go up, Copper 360 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Copper 360 will be expected to be much smaller as well. Additionally Copper 360 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. Copper 360 Price Density |
| Price |
Predictive Modules for Copper 360
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Copper 360. 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.Copper 360 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Copper 360 is not an exception. The market had few large corrections towards the Copper 360'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 Copper 360, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Copper 360 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 24.98 | |
Ir | Information ratio | -0.13 |
Copper 360 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 Copper 360 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Copper 360 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Copper 360 generated a negative expected return over the last 90 days | |
| Copper 360 has high historical volatility and very poor performance |
Copper 360 Technical Analysis
Copper 360's future price can be derived by breaking down and analyzing its technical indicators over time. Copper Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Copper 360. In general, you should focus on analyzing Copper Stock price patterns and their correlations with different microeconomic environments and drivers.
Copper 360 Predictive Forecast Models
Copper 360's time-series forecasting models is one of many Copper 360'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 Copper 360'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 Copper 360
Checking the ongoing alerts about Copper 360 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Copper 360 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Copper 360 generated a negative expected return over the last 90 days | |
| Copper 360 has high historical volatility and very poor performance |