Core Laboratories Stock Probability of Future Stock Price Finishing Over 15.84

CLB
 Stock
  

USD 15.84  0.15  0.96%   

Core Laboratories' future price is the expected price of Core Laboratories instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Core Laboratories NV performance during a given time horizon utilizing its historical volatility.
  
Core Laboratories' implied volatility is one of the determining factors in the pricing options written on Core Laboratories NV. Implied volatility approximates the future value of Core Laboratories based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Core Laboratories NV over a specific time period. For example, 2022-10-21 CALL at $15.0 is a CALL option contract on Core Laboratories' common stock with a strick price of 15.0 expiring on 2022-10-21. The contract was last traded on 2022-09-23 at 15:32:07 for $0.77 and, as of today, has 16 days remaining before the expiration. The option is currently trading at a bid price of $0.6, and an ask price of $2.05. The implied volatility as of the 5th of October is 72.5499. View All Core Laboratories options

Closest to current price Core Laboratories long CALL Option Payoff at Expiration

Continue to Core Laboratories Backtesting, Core Laboratories Valuation, Core Laboratories Correlation, Core Laboratories Hype Analysis, Core Laboratories Volatility, Core Laboratories History as well as Core Laboratories Performance. Please specify Core Laboratories time horizon, a valid symbol (red box) and a target price (blue box) you would like Core Laboratories odds to be computed.

Core Laboratories Target Price Odds to finish over 15.84

The tendency of Core Laboratories 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 15.84 90 days 15.84 
about 76.15
Based on a normal probability distribution, the odds of Core Laboratories to move above the current price in 90 days from now is about 76.15 (This Core Laboratories NV probability density function shows the probability of Core Laboratories Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.7 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Core Laboratories will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Core Laboratories is significantly underperforming DOW.
   Core Laboratories Price Density   
       Price  

Predictive Modules for Core Laboratories

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Core Laboratories. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Core Laboratories' 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. Please use the tools below to analyze the current value of Core Laboratories in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.5415.7619.98
Details
Intrinsic
Valuation
LowReal ValueHigh
13.8918.1122.33
Details
Naive
Forecast
LowNext ValueHigh
11.1715.3819.60
Details
6 Analysts
Consensus
LowTarget PriceHigh
17.5026.4236.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Core Laboratories. Your research has to be compared to or analyzed against Core Laboratories' peers to derive any actionable benefits. When done correctly, Core Laboratories' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Core Laboratories.

Core Laboratories Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Core Laboratories is not an exception. The market had few large corrections towards the Core Laboratories' 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 Core Laboratories NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Core Laboratories within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.21
β
Beta against DOW1.70
σ
Overall volatility
1.35
Ir
Information ratio -0.06

Core Laboratories 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 Core Laboratories for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Core Laboratories can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Core Laboratories generated a negative expected return over the last 90 days
Core Laboratories has high historical volatility and very poor performance
On 29th of August 2022 Core Laboratories paid $ 0.01 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Exercise or conversion by Mark Tattoli of 700 shares of Core Laboratories subject to Rule 16b-3

Core Laboratories 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 Core Laboratories Stock often depends not only on the future outlook of the current and potential Core Laboratories' 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. Core Laboratories' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out11.17%
Trailing Annual Dividend Rate0.04
Short Percent Of Float18.48%
Float Shares46.03M
Average Daily Volume Last 10 Day407.51k
Shares Short Prior Month4.01M
Average Daily Volume In Three Month436.95k
Date Short Interest15th of July 2022
Trailing Annual Dividend Yield0.28%

Core Laboratories Technical Analysis

Core Laboratories' future price can be derived by breaking down and analyzing its technical indicators over time. Core Laboratories Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Core Laboratories NV. In general, you should focus on analyzing Core Laboratories Stock price patterns and their correlations with different microeconomic environments and drivers.

Core Laboratories Predictive Forecast Models

Core Laboratories time-series forecasting models is one of many Core Laboratories' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Core Laboratories' 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 Core Laboratories

Checking the ongoing alerts about Core Laboratories for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Core Laboratories help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Core Laboratories generated a negative expected return over the last 90 days
Core Laboratories has high historical volatility and very poor performance
On 29th of August 2022 Core Laboratories paid $ 0.01 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Exercise or conversion by Mark Tattoli of 700 shares of Core Laboratories subject to Rule 16b-3

Complementary Tools for analysis

When running Core Laboratories price analysis, check to measure Core Laboratories' 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 Core Laboratories is operating at the current time. Most of Core Laboratories' value examination focuses on studying past and present price action to predict the probability of Core Laboratories' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Core Laboratories' price. Additionally, you may evaluate how the addition of Core Laboratories to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
CEO Directory
Screen CEOs from public companies around the world
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Is Core Laboratories' 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 Core Laboratories. If investors know Core Laboratories 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 Core Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Core Laboratories is measured differently than its book value, which is the value of Core Laboratories that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Core Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.