Civeo Corp Stock Probability of Future Stock Price Finishing Under 16.78
| CVEO Stock | USD 22.00 0.18 0.81% |
Civeo |
Civeo Corp Target Price Odds to finish below 16.78
The tendency of Civeo 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 $ 16.78 or more in 90 days |
| 22.00 | 90 days | 16.78 | near 1 |
Based on a normal probability distribution, the odds of Civeo Corp to drop to $ 16.78 or more in 90 days from now is near 1 (This Civeo Corp probability density function shows the probability of Civeo Stock to fall within a particular range of prices over 90 days) . Probability of Civeo Corp price to stay between $ 16.78 and its current price of $22.0 at the end of the 90-day period is about 6.04 .
Given the investment horizon of 90 days Civeo Corp has a beta of 0.26 suggesting as returns on the market go up, Civeo Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Civeo Corp will be expected to be much smaller as well. Additionally Civeo Corp 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. Civeo Corp Price Density |
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Predictive Modules for Civeo Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Civeo Corp. 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 Civeo Corp'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.
Civeo Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Civeo Corp is not an exception. The market had few large corrections towards the Civeo Corp'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 Civeo Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Civeo Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | -0.22 |
Civeo Corp 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 Civeo Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Civeo Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Civeo Corp generated a negative expected return over the last 90 days | |
| Civeo Corp is unlikely to experience financial distress in the next 2 years | |
| Civeo Corp has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| On 16th of December 2024 Civeo Corp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Civeo stock touches 52-week low at 21.43 amid market fluctuations - Investing.com |
Civeo Corp 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 Civeo Stock often depends not only on the future outlook of the current and potential Civeo Corp'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. Civeo Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15 M | |
| Cash And Short Term Investments | 3.3 M |
Civeo Corp Technical Analysis
Civeo Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Civeo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Civeo Corp. In general, you should focus on analyzing Civeo Stock price patterns and their correlations with different microeconomic environments and drivers.
Civeo Corp Predictive Forecast Models
Civeo Corp's time-series forecasting models is one of many Civeo Corp'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 Civeo Corp'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 Civeo Corp
Checking the ongoing alerts about Civeo Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Civeo Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Civeo Corp generated a negative expected return over the last 90 days | |
| Civeo Corp is unlikely to experience financial distress in the next 2 years | |
| Civeo Corp has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| On 16th of December 2024 Civeo Corp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Civeo stock touches 52-week low at 21.43 amid market fluctuations - Investing.com |
Check out Civeo Corp Backtesting, Civeo Corp Valuation, Civeo Corp Correlation, Civeo Corp Hype Analysis, Civeo Corp Volatility, Civeo Corp History as well as Civeo Corp Performance. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Commercial Services & Supplies 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 Civeo Corp. If investors know Civeo 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 Civeo Corp 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 0.878 | Dividend Share 1 | Earnings Share 1.4 | Revenue Per Share 48.289 | Quarterly Revenue Growth (0.04) |
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp's 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 Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp's 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 Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp's 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.