Accord Financial Corp Stock Probability of Future Stock Price Finishing Under 4.77
| ACD Stock | CAD 4.47 0.06 1.32% |
Accord |
Accord Financial Target Price Odds to finish below 4.77
The tendency of Accord 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 C$ 4.77 after 90 days |
| 4.47 | 90 days | 4.77 | about 25.51 |
Based on a normal probability distribution, the odds of Accord Financial to stay under C$ 4.77 after 90 days from now is about 25.51 (This Accord Financial Corp probability density function shows the probability of Accord Stock to fall within a particular range of prices over 90 days) . Probability of Accord Financial Corp price to stay between its current price of C$ 4.47 and C$ 4.77 at the end of the 90-day period is about 23.19 .
Assuming the 90 days trading horizon Accord Financial has a beta of 0.52. This suggests as returns on the market go up, Accord Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Accord Financial Corp will be expected to be much smaller as well. Additionally Accord Financial Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Accord Financial Price Density |
| Price |
Predictive Modules for Accord Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accord Financial 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 Accord Financial'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.
Accord Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accord Financial is not an exception. The market had few large corrections towards the Accord Financial'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 Accord Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accord Financial within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 0.52 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.04 |
Accord Financial 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 Accord Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Accord Financial 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.| Accord Financial generated a negative expected return over the last 90 days | |
| Accord Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 44.41 M. Net Loss for the year was (14.62 M) with profit before overhead, payroll, taxes, and interest of 64.55 M. | |
| Accord Financial Corp has accumulated about 14.73 M in cash with (51.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Closing Bell Accord Financial Corp 7.00 Pct Debs down on Wednesday - The Globe and Mail |
Accord Financial 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 Accord Stock often depends not only on the future outlook of the current and potential Accord Financial'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. Accord Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Dividends Paid | 1.9 M | |
| Forward Annual Dividend Rate | 0.3 | |
| Shares Float | 3.1 M |
Accord Financial Technical Analysis
Accord Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Accord Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accord Financial Corp. In general, you should focus on analyzing Accord Stock price patterns and their correlations with different microeconomic environments and drivers.
Accord Financial Predictive Forecast Models
Accord Financial's time-series forecasting models is one of many Accord Financial'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 Accord Financial'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 Accord Financial Corp
Checking the ongoing alerts about Accord Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Accord Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Accord Financial generated a negative expected return over the last 90 days | |
| Accord Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 44.41 M. Net Loss for the year was (14.62 M) with profit before overhead, payroll, taxes, and interest of 64.55 M. | |
| Accord Financial Corp has accumulated about 14.73 M in cash with (51.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Closing Bell Accord Financial Corp 7.00 Pct Debs down on Wednesday - The Globe and Mail |
Check out Accord Financial Backtesting, Accord Financial Valuation, Accord Financial Correlation, Accord Financial Hype Analysis, Accord Financial Volatility, Accord Financial History as well as Accord Financial Performance. Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Accord Stock analysis
When running Accord Financial's price analysis, check to measure Accord Financial'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 Accord Financial is operating at the current time. Most of Accord Financial's value examination focuses on studying past and present price action to predict the probability of Accord Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accord Financial's price. Additionally, you may evaluate how the addition of Accord Financial to your portfolios can decrease your overall portfolio volatility.
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