Connecticut Natural Gas Stock Probability of Future Pink Sheet Price Finishing Under 2.0
| CTGSP Stock | USD 2.00 0.00 0.00% |
Connecticut |
Connecticut Natural Target Price Odds to finish below 2.0
The tendency of Connecticut Pink Sheet 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 below current price in 90 days |
| 2.00 | 90 days | 2.00 | about 87.73 |
Based on a normal probability distribution, the odds of Connecticut Natural to move below current price in 90 days from now is about 87.73 (This Connecticut Natural Gas probability density function shows the probability of Connecticut Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Connecticut Natural has a beta of 0.18 suggesting as returns on the market go up, Connecticut Natural average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Connecticut Natural Gas will be expected to be much smaller as well. Additionally Connecticut Natural Gas has an alpha of 0.1965, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Connecticut Natural Price Density |
| Price |
Predictive Modules for Connecticut Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Connecticut Natural Gas. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Connecticut Natural'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.
Connecticut Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Connecticut Natural is not an exception. The market had few large corrections towards the Connecticut Natural'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 Connecticut Natural Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Connecticut Natural within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | 0.18 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.09 |
Connecticut Natural 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 Connecticut Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Connecticut Natural Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Connecticut Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Connecticut Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Connecticut Natural Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Connecticut to invest in growth at high rates of return. When we think about Connecticut Natural's use of debt, we should always consider it together with cash and equity. |
Connecticut Natural Technical Analysis
Connecticut Natural's future price can be derived by breaking down and analyzing its technical indicators over time. Connecticut Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Connecticut Natural Gas. In general, you should focus on analyzing Connecticut Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Connecticut Natural Predictive Forecast Models
Connecticut Natural's time-series forecasting models is one of many Connecticut Natural's pink sheet 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 Connecticut Natural'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Connecticut Natural Gas
Checking the ongoing alerts about Connecticut Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Connecticut Natural Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Connecticut Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Connecticut Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Connecticut Natural Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Connecticut to invest in growth at high rates of return. When we think about Connecticut Natural's use of debt, we should always consider it together with cash and equity. |
Check out Connecticut Natural Backtesting, Connecticut Natural Valuation, Connecticut Natural Correlation, Connecticut Natural Hype Analysis, Connecticut Natural Volatility, Connecticut Natural History as well as Connecticut Natural Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Connecticut Pink Sheet analysis
When running Connecticut Natural's price analysis, check to measure Connecticut Natural'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 Connecticut Natural is operating at the current time. Most of Connecticut Natural's value examination focuses on studying past and present price action to predict the probability of Connecticut Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Natural's price. Additionally, you may evaluate how the addition of Connecticut Natural to your portfolios can decrease your overall portfolio volatility.
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