Tecnotree Oyj (Finland) Probability of Future Stock Price Finishing Over 6.30
| TEM1V Stock | EUR 6.30 0.87 12.13% |
Tecnotree |
Tecnotree Oyj Target Price Odds to finish over 6.30
The tendency of Tecnotree 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 |
| 6.30 | 90 days | 6.30 | about 45.64 |
Based on a normal probability distribution, the odds of Tecnotree Oyj to move above the current price in 90 days from now is about 45.64 (This Tecnotree Oyj probability density function shows the probability of Tecnotree Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Tecnotree Oyj has a beta of -0.74. This usually implies as returns on the benchmark increase, returns on holding Tecnotree Oyj are expected to decrease at a much lower rate. During a bear market, however, Tecnotree Oyj is likely to outperform the market. Additionally Tecnotree Oyj has an alpha of 0.2298, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Tecnotree Oyj Price Density |
| Price |
Predictive Modules for Tecnotree Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tecnotree Oyj. 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 Tecnotree Oyj'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.
Tecnotree Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tecnotree Oyj is not an exception. The market had few large corrections towards the Tecnotree Oyj'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 Tecnotree Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tecnotree Oyj within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.23 | |
β | Beta against NYSE Composite | -0.74 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.02 |
Tecnotree Oyj 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 Tecnotree Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tecnotree Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tecnotree Oyj had very high historical volatility over the last 90 days | |
| Tecnotree Oyj has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 34.0% of the company outstanding shares are owned by corporate insiders |
Tecnotree Oyj 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 Tecnotree Stock often depends not only on the future outlook of the current and potential Tecnotree Oyj'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. Tecnotree Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 302.8 M |
Tecnotree Oyj Technical Analysis
Tecnotree Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Tecnotree Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tecnotree Oyj. In general, you should focus on analyzing Tecnotree Stock price patterns and their correlations with different microeconomic environments and drivers.
Tecnotree Oyj Predictive Forecast Models
Tecnotree Oyj's time-series forecasting models is one of many Tecnotree Oyj'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 Tecnotree Oyj'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 Tecnotree Oyj
Checking the ongoing alerts about Tecnotree Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tecnotree Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tecnotree Oyj had very high historical volatility over the last 90 days | |
| Tecnotree Oyj has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 34.0% of the company outstanding shares are owned by corporate insiders |
Check out Tecnotree Oyj Backtesting, Tecnotree Oyj Valuation, Tecnotree Oyj Correlation, Tecnotree Oyj Hype Analysis, Tecnotree Oyj Volatility, Tecnotree Oyj History as well as Tecnotree Oyj Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Tecnotree Stock analysis
When running Tecnotree Oyj's price analysis, check to measure Tecnotree Oyj'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 Tecnotree Oyj is operating at the current time. Most of Tecnotree Oyj's value examination focuses on studying past and present price action to predict the probability of Tecnotree Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnotree Oyj's price. Additionally, you may evaluate how the addition of Tecnotree Oyj to your portfolios can decrease your overall portfolio volatility.
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