Caseys General (Germany) Probability of Future Stock Price Finishing Under 394.5
| CS2 Stock | 394.00 2.00 0.51% |
Caseys |
Caseys General Target Price Odds to finish below 394.5
The tendency of Caseys 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 394.50 after 90 days |
| 394.00 | 90 days | 394.50 | about 88.74 |
Based on a normal probability distribution, the odds of Caseys General to stay under 394.50 after 90 days from now is about 88.74 (This Caseys General Stores probability density function shows the probability of Caseys Stock to fall within a particular range of prices over 90 days) . Probability of Caseys General Stores price to stay between its current price of 394.00 and 394.50 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Caseys General has a beta of 0.0042 suggesting as returns on the market go up, Caseys General average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Caseys General Stores will be expected to be much smaller as well. Additionally Caseys General Stores has an alpha of 0.2474, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Caseys General Price Density |
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Predictive Modules for Caseys General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Caseys General Stores. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Caseys General's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Caseys General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Caseys General is not an exception. The market had few large corrections towards the Caseys General'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 Caseys General Stores, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Caseys General within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 24.74 | |
Ir | Information ratio | 0.08 |
Caseys General 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 Caseys Stock often depends not only on the future outlook of the current and potential Caseys General'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. Caseys General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.1 M | |
| Dividends Paid | 51.2 M | |
| Short Long Term Debt | 24.5 M |
Caseys General Technical Analysis
Caseys General's future price can be derived by breaking down and analyzing its technical indicators over time. Caseys Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Caseys General Stores. In general, you should focus on analyzing Caseys Stock price patterns and their correlations with different microeconomic environments and drivers.
Caseys General Predictive Forecast Models
Caseys General's time-series forecasting models is one of many Caseys General'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 Caseys General'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 Caseys General 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, Caseys General's short interest history, or implied volatility extrapolated from Caseys General options trading.
Additional Tools for Caseys Stock Analysis
When running Caseys General's price analysis, check to measure Caseys General'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 Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.