Csx Corporation Stock Chance of Future Stock Price Finishing Over 37.94
| CSX Stock | USD 33.99 0.04 0.12% |
Closest to current price CSX long CALL Option Payoff at Expiration
CSX |
CSX Target Price Odds to finish over 37.94
The tendency of CSX 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 over $ 37.94 or more in 90 days |
| 33.99 | 90 days | 37.94 | about 12.52 |
Based on a normal probability distribution, the odds of CSX to move over $ 37.94 or more in 90 days from now is about 12.52 (This CSX Corporation probability density function shows the probability of CSX Stock to fall within a particular range of prices over 90 days) . Probability of CSX Corporation price to stay between its current price of $ 33.99 and $ 37.94 at the end of the 90-day period is about 84.98 .
Considering the 90-day investment horizon CSX has a beta of 0.88 suggesting CSX Corporation market returns are sensitive to returns on the market. As the market goes up or down, CSX is expected to follow. Additionally CSX Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. CSX Price Density |
| Price |
Predictive Modules for CSX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CSX Corporation. 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 CSX'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.
CSX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CSX is not an exception. The market had few large corrections towards the CSX'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 CSX Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CSX within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 0.88 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | -0.1 |
CSX 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 CSX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CSX Corporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CSX Corporation generated a negative expected return over the last 90 days | |
| CSX Corporation is unlikely to experience financial distress in the next 2 years | |
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 CSX paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from cnbc.com: Teamsters union endorses activist Ancora in Norfolk Southern proxy fight |
CSX 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 CSX Stock often depends not only on the future outlook of the current and potential CSX'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. CSX's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B | |
| Cash And Short Term Investments | 1.4 B |
CSX Technical Analysis
CSX's future price can be derived by breaking down and analyzing its technical indicators over time. CSX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CSX Corporation. In general, you should focus on analyzing CSX Stock price patterns and their correlations with different microeconomic environments and drivers.
CSX Predictive Forecast Models
CSX's time-series forecasting models is one of many CSX'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 CSX'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 CSX Corporation
Checking the ongoing alerts about CSX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CSX Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CSX Corporation generated a negative expected return over the last 90 days | |
| CSX Corporation is unlikely to experience financial distress in the next 2 years | |
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 CSX paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from cnbc.com: Teamsters union endorses activist Ancora in Norfolk Southern proxy fight |
Check out CSX Backtesting, CSX Valuation, CSX Correlation, CSX Hype Analysis, CSX Volatility, CSX History as well as CSX Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for CSX Stock analysis
When running CSX's price analysis, check to measure CSX'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 CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's industry 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 CSX. If investors know CSX 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 CSX 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 (0.05) | Dividend Share 0.45 | Earnings Share 1.83 | Revenue Per Share 7.375 | Quarterly Revenue Growth (0.01) |
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX'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 CSX's market value can be influenced by many factors that don't directly affect CSX'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 CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX'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.