Crown Asia (Philippines) Probability of Future Stock Price Finishing Over 1.9
| CROWN Stock | 1.77 0.02 1.12% |
Crown |
Crown Asia Target Price Odds to finish over 1.9
The tendency of Crown 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 move over 1.90 or more in 90 days |
| 1.77 | 90 days | 1.90 | about 17.5 |
Based on a normal probability distribution, the odds of Crown Asia to move over 1.90 or more in 90 days from now is about 17.5 (This Crown Asia Chemicals probability density function shows the probability of Crown Stock to fall within a particular range of prices over 90 days) . Probability of Crown Asia Chemicals price to stay between its current price of 1.77 and 1.90 at the end of the 90-day period is about 80.72 .
Assuming the 90 days trading horizon Crown Asia Chemicals has a beta of -0.42 suggesting as returns on the benchmark increase, returns on holding Crown Asia are expected to decrease at a much lower rate. During a bear market, however, Crown Asia Chemicals is likely to outperform the market. Additionally Crown Asia Chemicals 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. Crown Asia Price Density |
| Price |
Predictive Modules for Crown Asia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Crown Asia Chemicals. 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.Crown Asia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Crown Asia is not an exception. The market had few large corrections towards the Crown Asia'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 Crown Asia Chemicals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Crown Asia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.08 |
Crown Asia 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 Crown Asia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Crown Asia Chemicals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Crown Asia Chemicals generated a negative expected return over the last 90 days | |
| Crown Asia Chemicals may become a speculative penny stock | |
| Crown Asia Chemicals has accumulated about 108.63 M in cash with (33.44 M) of positive cash flow from operations. |
Crown Asia 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 Crown Stock often depends not only on the future outlook of the current and potential Crown Asia'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. Crown Asia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 610.6 M | |
| Dividends Paid | 13.7 M | |
| Cash And Short Term Investments | 108.6 M |
Crown Asia Technical Analysis
Crown Asia's future price can be derived by breaking down and analyzing its technical indicators over time. Crown Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Crown Asia Chemicals. In general, you should focus on analyzing Crown Stock price patterns and their correlations with different microeconomic environments and drivers.
Crown Asia Predictive Forecast Models
Crown Asia's time-series forecasting models is one of many Crown Asia'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 Crown Asia'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 Crown Asia Chemicals
Checking the ongoing alerts about Crown Asia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Crown Asia Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Crown Asia Chemicals generated a negative expected return over the last 90 days | |
| Crown Asia Chemicals may become a speculative penny stock | |
| Crown Asia Chemicals has accumulated about 108.63 M in cash with (33.44 M) of positive cash flow from operations. |
Additional Tools for Crown Stock Analysis
When running Crown Asia's price analysis, check to measure Crown Asia'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 Crown Asia is operating at the current time. Most of Crown Asia's value examination focuses on studying past and present price action to predict the probability of Crown Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Asia's price. Additionally, you may evaluate how the addition of Crown Asia to your portfolios can decrease your overall portfolio volatility.