The Connecticut Light Stock Price Prediction

CNTHN Stock  USD 45.10  0.60  1.35%   
The relative strength index (RSI) of Connecticut Light's the pink sheet price is about 67 suggesting that the pink sheet is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Connecticut, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
The successful prediction of Connecticut Light's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with The Connecticut Light, which may create opportunities for some arbitrage if properly timed.
Using Connecticut Light hype-based prediction, you can estimate the value of The Connecticut Light from the perspective of Connecticut Light response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Connecticut Light to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Connecticut because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Connecticut Light after-hype prediction price

    
  USD 45.1  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Connecticut Light Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Connecticut Light'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.
Intrinsic
Valuation
LowRealHigh
41.6242.7549.61
Details
Naive
Forecast
LowNextHigh
45.6346.7547.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.1045.1045.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Connecticut Light. Your research has to be compared to or analyzed against Connecticut Light's peers to derive any actionable benefits. When done correctly, Connecticut Light's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Connecticut Light.

Connecticut Light After-Hype Price Prediction Density Analysis

As far as predicting the price of Connecticut Light at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Connecticut Light or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Connecticut Light, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Connecticut Light Estimiated After-Hype Price Volatility

In the context of predicting Connecticut Light's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Connecticut Light's historical news coverage. Connecticut Light's after-hype downside and upside margins for the prediction period are 43.97 and 46.23, respectively. We have considered Connecticut Light's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
45.10
45.10
After-hype Price
46.23
Upside
Connecticut Light is very steady at this time. Analysis and calculation of next after-hype price of Connecticut Light is based on 3 months time horizon.

Connecticut Light Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Connecticut Light is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Connecticut Light backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Connecticut Light, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
1.12
 0.00  
  0.01 
0 Events / Month
8 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
45.10
45.10
0.00 
0.00  
Notes

Connecticut Light Hype Timeline

Connecticut Light is currently traded for 45.10. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Connecticut is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.23%. %. The volatility of related hype on Connecticut Light is about 1964.91%, with the expected price after the next announcement by competition of 45.11. The company recorded earning per share (EPS) of 74.69. Connecticut Light last dividend was issued on the 9th of January 2023. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Connecticut Light Basic Forecasting Models to cross-verify your projections.

Connecticut Light Related Hype Analysis

Having access to credible news sources related to Connecticut Light's direct competition is more important than ever and may enhance your ability to predict Connecticut Light's future price movements. Getting to know how Connecticut Light's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Connecticut Light may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EDConsolidated Edison(0.87)10 per month 0.67  0.12  1.76 (1.30) 4.44 
ETREntergy(0.29)11 per month 0.68  0.19  2.00 (0.75) 8.57 
FEFirstEnergy 0.41 10 per month 0.34  0.13  1.40 (0.86) 3.80 
PPLPPL Corporation 0.14 10 per month 0.37  0.18  1.56 (1.06) 3.94 
AEPAmerican Electric Power 0.22 10 per month 0.77  0.13  1.58 (1.09) 6.85 
CMSCMS Energy 0.19 10 per month 0.52  0.16  1.76 (1.23) 4.94 
LNTAlliant Energy Corp(0.13)11 per month 0.50  0.20  1.71 (0.96) 5.79 
IDAIDACORP 0.53 11 per month 0.58  0.07  1.75 (1.13) 7.19 
PNWPinnacle West Capital 0.41 9 per month 0.64  0.13  1.90 (1.06) 7.37 
KEPKorea Electric Power(0.04)8 per month 2.30  0.04  3.30 (3.00) 14.14 

Connecticut Light Additional Predictive Modules

Most predictive techniques to examine Connecticut price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Connecticut using various technical indicators. When you analyze Connecticut charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Connecticut Light Predictive Indicators

The successful prediction of Connecticut Light stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as The Connecticut Light, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Connecticut Light based on analysis of Connecticut Light hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Connecticut Light's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Connecticut Light's related companies.

Story Coverage note for Connecticut Light

The number of cover stories for Connecticut Light depends on current market conditions and Connecticut Light's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Connecticut Light is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Connecticut Light's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Connecticut Light Short Properties

Connecticut Light's future price predictability will typically decrease when Connecticut Light's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of The Connecticut Light often depends not only on the future outlook of the potential Connecticut Light'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. Connecticut Light's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding344.6 K
Cash And Short Term Investments66.77

Other Information on Investing in Connecticut Pink Sheet

Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Connecticut with respect to the benefits of owning Connecticut Light security.