Tsakos Energy Navigation Stock Probability of Future Stock Price Finishing Under 27.09
| TEN Stock | USD 20.45 0.22 1.09% |
Tsakos |
Tsakos Energy Target Price Odds to finish below 27.09
The tendency of Tsakos 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 stay under $ 27.09 after 90 days |
| 20.45 | 90 days | 27.09 | roughly 97.0 |
Based on a normal probability distribution, the odds of Tsakos Energy to stay under $ 27.09 after 90 days from now is roughly 97.0 (This Tsakos Energy Navigation probability density function shows the probability of Tsakos Stock to fall within a particular range of prices over 90 days) . Probability of Tsakos Energy Navigation price to stay between its current price of $ 20.45 and $ 27.09 at the end of the 90-day period is under 95 .
Considering the 90-day investment horizon Tsakos Energy has a beta of 0.74. This usually implies as returns on the market go up, Tsakos Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tsakos Energy Navigation will be expected to be much smaller as well. Additionally Tsakos Energy Navigation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Tsakos Energy Price Density |
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Predictive Modules for Tsakos Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tsakos Energy Navigation. 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 Tsakos Energy'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.
Tsakos Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tsakos Energy is not an exception. The market had few large corrections towards the Tsakos Energy'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 Tsakos Energy Navigation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tsakos Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.17 |
Tsakos Energy 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 Tsakos Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tsakos Energy Navigation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tsakos Energy generated a negative expected return over the last 90 days | |
| Tsakos Energy Navigation was previously known as TransAtlantic Petroleum and was traded on Toronto Exchange under the symbol TNP. | |
| About 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from businesswire.com: InfuSystem Appoints Ronald Hundzinski to the Board of Directors |
Tsakos Energy 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 Tsakos Stock often depends not only on the future outlook of the current and potential Tsakos Energy'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. Tsakos Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.5 M | |
| Cash And Short Term Investments | 372.7 M |
Tsakos Energy Technical Analysis
Tsakos Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Tsakos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tsakos Energy Navigation. In general, you should focus on analyzing Tsakos Stock price patterns and their correlations with different microeconomic environments and drivers.
Tsakos Energy Predictive Forecast Models
Tsakos Energy's time-series forecasting models is one of many Tsakos Energy'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 Tsakos Energy'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 Tsakos Energy Navigation
Checking the ongoing alerts about Tsakos Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tsakos Energy Navigation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tsakos Energy generated a negative expected return over the last 90 days | |
| Tsakos Energy Navigation was previously known as TransAtlantic Petroleum and was traded on Toronto Exchange under the symbol TNP. | |
| About 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from businesswire.com: InfuSystem Appoints Ronald Hundzinski to the Board of Directors |
Check out Tsakos Energy Backtesting, Tsakos Energy Valuation, Tsakos Energy Correlation, Tsakos Energy Hype Analysis, Tsakos Energy Volatility, Tsakos Energy History as well as Tsakos Energy Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Storage & Transportation space 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 Tsakos Energy. If investors know Tsakos 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 Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.43 | Dividend Share 0.9 | Earnings Share 5.66 | Revenue Per Share 27.878 | Quarterly Revenue Growth (0.03) |
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's 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 Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's 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 Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's 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.