Cognizant Technology (Brazil) Probability of Future Stock Price Finishing Over 433.33
| CTSH34 Stock | BRL 433.33 0.00 0.00% |
Cognizant |
Cognizant Technology Target Price Odds to finish over 433.33
The tendency of Cognizant 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 |
| 433.33 | 90 days | 433.33 | about 16.07 |
Based on a normal probability distribution, the odds of Cognizant Technology to move above the current price in 90 days from now is about 16.07 (This Cognizant Technology Solutions probability density function shows the probability of Cognizant Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cognizant Technology has a beta of 0.15 suggesting as returns on the market go up, Cognizant Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cognizant Technology Solutions will be expected to be much smaller as well. Additionally Cognizant Technology Solutions has an alpha of 0.0063, implying that it can generate a 0.006301 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cognizant Technology Price Density |
| Price |
Predictive Modules for Cognizant Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cognizant Technology. 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.Cognizant Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cognizant Technology is not an exception. The market had few large corrections towards the Cognizant Technology'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 Cognizant Technology Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cognizant Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 7.21 | |
Ir | Information ratio | -0.09 |
Cognizant Technology 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 Cognizant Stock often depends not only on the future outlook of the current and potential Cognizant Technology'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. Cognizant Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 525 M |
Cognizant Technology Technical Analysis
Cognizant Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Cognizant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cognizant Technology Solutions. In general, you should focus on analyzing Cognizant Stock price patterns and their correlations with different microeconomic environments and drivers.
Cognizant Technology Predictive Forecast Models
Cognizant Technology's time-series forecasting models is one of many Cognizant Technology'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 Cognizant Technology'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cognizant Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cognizant Technology's short interest history, or implied volatility extrapolated from Cognizant Technology options trading.
Additional Information and Resources on Investing in Cognizant Stock
When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:Check out Cognizant Technology Backtesting, Cognizant Technology Valuation, Cognizant Technology Correlation, Cognizant Technology Hype Analysis, Cognizant Technology Volatility, Cognizant Technology History as well as Cognizant Technology Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .