Custom Truck One Stock Probability of Future Stock Price Finishing Over 5.19
| CTOS Stock | USD 5.19 0.01 0.19% |
Custom |
Custom Truck Target Price Odds to finish over 5.19
The tendency of Custom 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 above the current price in 90 days |
| 5.19 | 90 days | 5.19 | about 17.67 |
Based on a normal probability distribution, the odds of Custom Truck to move above the current price in 90 days from now is about 17.67 (This Custom Truck One probability density function shows the probability of Custom Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.96 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Custom Truck will likely underperform. Additionally Custom Truck One has an alpha of 0.3583, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Custom Truck Price Density |
| Price |
Predictive Modules for Custom Truck
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Custom Truck One. 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.Custom Truck Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Custom Truck is not an exception. The market had few large corrections towards the Custom Truck'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 Custom Truck One, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Custom Truck within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 2.96 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | 0.15 |
Custom Truck 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 Custom Truck for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Custom Truck One can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Custom Truck One appears to be risky and price may revert if volatility continues | |
| Custom Truck One currently holds about 28.52 M in cash with (30.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: ECP ControlCo, LLC Reduces Stake in Custom Truck One Source Inc - GuruFocus.com |
Custom Truck 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 Custom Stock often depends not only on the future outlook of the current and potential Custom Truck'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. Custom Truck's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 245.7 M | |
| Cash And Short Term Investments | 10.3 M |
Custom Truck Technical Analysis
Custom Truck's future price can be derived by breaking down and analyzing its technical indicators over time. Custom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Custom Truck One. In general, you should focus on analyzing Custom Stock price patterns and their correlations with different microeconomic environments and drivers.
Custom Truck Predictive Forecast Models
Custom Truck's time-series forecasting models is one of many Custom Truck'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 Custom Truck'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 Custom Truck One
Checking the ongoing alerts about Custom Truck for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Custom Truck One help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Custom Truck One appears to be risky and price may revert if volatility continues | |
| Custom Truck One currently holds about 28.52 M in cash with (30.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: ECP ControlCo, LLC Reduces Stake in Custom Truck One Source Inc - GuruFocus.com |
Additional Tools for Custom Stock Analysis
When running Custom Truck's price analysis, check to measure Custom Truck'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 Custom Truck is operating at the current time. Most of Custom Truck's value examination focuses on studying past and present price action to predict the probability of Custom Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Custom Truck's price. Additionally, you may evaluate how the addition of Custom Truck to your portfolios can decrease your overall portfolio volatility.