Tecnicas Reunidas (Spain) Probability of Future Stock Price Finishing Over 9.23
| TRE Stock | EUR 9.23 0.17 1.88% |
Tecnicas |
Tecnicas Reunidas Target Price Odds to finish over 9.23
The tendency of Tecnicas 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 |
| 9.23 | 90 days | 9.23 | roughly 2.36 |
Based on a normal probability distribution, the odds of Tecnicas Reunidas to move above the current price in 90 days from now is roughly 2.36 (This Tecnicas Reunidas probability density function shows the probability of Tecnicas Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Tecnicas Reunidas has a beta of -0.39. This usually implies as returns on the benchmark increase, returns on holding Tecnicas Reunidas are expected to decrease at a much lower rate. During a bear market, however, Tecnicas Reunidas is likely to outperform the market. Additionally Tecnicas Reunidas has an alpha of 0.2012, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Tecnicas Reunidas Price Density |
| Price |
Predictive Modules for Tecnicas Reunidas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tecnicas Reunidas. 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 Tecnicas Reunidas' 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.
Tecnicas Reunidas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tecnicas Reunidas is not an exception. The market had few large corrections towards the Tecnicas Reunidas' 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 Tecnicas Reunidas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tecnicas Reunidas within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | -0.39 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | 0.04 |
Tecnicas Reunidas 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 Tecnicas Reunidas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tecnicas Reunidas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tecnicas Reunidas has high likelihood to experience some financial distress in the next 2 years | |
| Tecnicas Reunidas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 2.81 B. Net Loss for the year was (192.13 M) with profit before overhead, payroll, taxes, and interest of 675.38 M. | |
| Tecnicas Reunidas has accumulated about 748.2 M in cash with (267.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.93, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 42.0% of the company outstanding shares are owned by corporate insiders |
Tecnicas Reunidas 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 Tecnicas Stock often depends not only on the future outlook of the current and potential Tecnicas Reunidas' 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. Tecnicas Reunidas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.7 M | |
| Cash And Short Term Investments | 676.6 M |
Tecnicas Reunidas Technical Analysis
Tecnicas Reunidas' future price can be derived by breaking down and analyzing its technical indicators over time. Tecnicas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tecnicas Reunidas. In general, you should focus on analyzing Tecnicas Stock price patterns and their correlations with different microeconomic environments and drivers.
Tecnicas Reunidas Predictive Forecast Models
Tecnicas Reunidas' time-series forecasting models is one of many Tecnicas Reunidas' 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 Tecnicas Reunidas' 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 Tecnicas Reunidas
Checking the ongoing alerts about Tecnicas Reunidas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tecnicas Reunidas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tecnicas Reunidas has high likelihood to experience some financial distress in the next 2 years | |
| Tecnicas Reunidas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 2.81 B. Net Loss for the year was (192.13 M) with profit before overhead, payroll, taxes, and interest of 675.38 M. | |
| Tecnicas Reunidas has accumulated about 748.2 M in cash with (267.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.93, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 42.0% of the company outstanding shares are owned by corporate insiders |
Check out Tecnicas Reunidas Backtesting, Tecnicas Reunidas Valuation, Tecnicas Reunidas Correlation, Tecnicas Reunidas Hype Analysis, Tecnicas Reunidas Volatility, Tecnicas Reunidas History as well as Tecnicas Reunidas Performance. Note that the Tecnicas Reunidas information on this page should be used as a complementary analysis to other Tecnicas Reunidas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Tecnicas Stock analysis
When running Tecnicas Reunidas' price analysis, check to measure Tecnicas Reunidas' 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 Tecnicas Reunidas is operating at the current time. Most of Tecnicas Reunidas' value examination focuses on studying past and present price action to predict the probability of Tecnicas Reunidas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnicas Reunidas' price. Additionally, you may evaluate how the addition of Tecnicas Reunidas to your portfolios can decrease your overall portfolio volatility.
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