TPI Composites Stock Forecast - Skewness

TPIC Stock  USD 2.14  0.12  5.94%   
TPI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast TPI Composites stock prices and determine the direction of TPI Composites's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of TPI Composites' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, TPI Composites' Receivables Turnover is projected to drop based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 6.85, whereas Payables Turnover is forecasted to decline to 4.41. . As of November 25, 2024, Common Stock Shares Outstanding is expected to decline to about 33.5 M. The current year's Net Loss is expected to grow to about (106.2 M).
TPI Composites has current Skewness of 0.
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TPI Composites Trading Date Momentum

On November 25 2024 TPI Composites was traded for  2.14  at the closing time. The top price for the day was 2.23  and the lowest listed price was  2.08 . The trading volume for the day was 685.2 K. The trading history from November 25, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.40% .
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Other Forecasting Options for TPI Composites

For every potential investor in TPI, whether a beginner or expert, TPI Composites' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TPI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TPI. Basic forecasting techniques help filter out the noise by identifying TPI Composites' price trends.

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 Risk & Return  Correlation

TPI Composites Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of TPI Composites' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of TPI Composites' current price.

TPI Composites Market Strength Events

Market strength indicators help investors to evaluate how TPI Composites stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TPI Composites shares will generate the highest return on investment. By undertsting and applying TPI Composites stock market strength indicators, traders can identify TPI Composites entry and exit signals to maximize returns.

TPI Composites Risk Indicators

The analysis of TPI Composites' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TPI Composites' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tpi stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TPI Composites offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TPI Composites' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tpi Composites Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tpi Composites Stock:
Check out Historical Fundamental Analysis of TPI Composites to cross-verify your projections.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Heavy Electrical Equipment 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 TPI Composites. If investors know TPI 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 TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
28.054
Quarterly Revenue Growth
0.028
Return On Assets
(0.12)
Return On Equity
(3.53)
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' 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 TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' 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 TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' 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.