TT Electronics Stock Forward View - Simple Exponential Smoothing
| TTG Stock | 130.00 2.20 1.72% |
TTG Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast TT Electronics stock prices and determine the direction of TT Electronics Plc's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of TT Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of TT Electronics' share price is above 70 at the present time. This usually implies that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling TTG, making its price go up or down. Momentum 70
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth (0.51) | EPS Estimate Current Year 0.0716 | EPS Estimate Next Year 0.0942 | Wall Street Target Price 126 | Quarterly Revenue Growth (0.13) |
Using TT Electronics hype-based prediction, you can estimate the value of TT Electronics Plc from the perspective of TT Electronics response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of TT Electronics Plc on the next trading day is expected to be 129.95 with a mean absolute deviation of 1.92 and the sum of the absolute errors of 115.07. TT Electronics after-hype prediction price | GBX 129.75 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
TTG |
TT Electronics Additional Predictive Modules
Most predictive techniques to examine TTG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TTG using various technical indicators. When you analyze TTG charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
TT Electronics Simple Exponential Smoothing Price Forecast For the 23rd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TT Electronics Plc on the next trading day is expected to be 129.95 with a mean absolute deviation of 1.92, mean absolute percentage error of 16.12, and the sum of the absolute errors of 115.07.Please note that although there have been many attempts to predict TTG Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that TT Electronics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TT Electronics Stock Forecast Pattern
| Backtest TT Electronics | TT Electronics Price Prediction | Research Analysis |
TT Electronics Forecasted Value
In the context of forecasting TT Electronics' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. TT Electronics' downside and upside margins for the forecasting period are 126.77 and 133.13, respectively. We have considered TT Electronics' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of TT Electronics stock data series using in forecasting. Note that when a statistical model is used to represent TT Electronics stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.0525 |
| Bias | Arithmetic mean of the errors | 0.0647 |
| MAD | Mean absolute deviation | 1.9179 |
| MAPE | Mean absolute percentage error | 0.0165 |
| SAE | Sum of the absolute errors | 115.0748 |
Predictive Modules for TT Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TT Electronics Plc. 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.TT Electronics After-Hype Price Density Analysis
As far as predicting the price of TT Electronics at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in TT Electronics or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of TT Electronics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TT Electronics Estimiated After-Hype Price Volatility
In the context of predicting TT Electronics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TT Electronics' historical news coverage. TT Electronics' after-hype downside and upside margins for the prediction period are 126.57 and 132.93, respectively. We have considered TT Electronics' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
TT Electronics is very steady at this time. Analysis and calculation of next after-hype price of TT Electronics Plc is based on 3 months time horizon.
TT Electronics Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as TT Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TT Electronics backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with TT Electronics, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 3.18 | 0.25 | 16.11 | 3 Events / Month | 2 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
130.00 | 129.75 | 0.19 |
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TT Electronics Hype Timeline
TT Electronics Plc is at this time traded for 130.00on London Exchange of UK. The entity has historical hype elasticity of -0.25, and average elasticity to hype of competition of -16.11. TTG is forecasted to decline in value after the next headline, with the price expected to drop to 129.75. The average volatility of media hype impact on the company price is about 37.86%. The price decline on the next news is expected to be -0.19%, whereas the daily expected return is at this time at 0.03%. The volatility of related hype on TT Electronics is about 0.59%, with the expected price after the next announcement by competition of 113.89. About 89.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.31. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TT Electronics Plc has Price/Earnings To Growth (PEG) ratio of 0.37. The entity recorded a loss per share of 0.38. The firm last dividend was issued on the 12th of September 2024. TT Electronics had 3:2 split on the 28th of October 1994. Assuming the 90 days trading horizon the next forecasted press release will be in about 3 days. Check out Historical Fundamental Analysis of TT Electronics to cross-verify your projections.TT Electronics Related Hype Analysis
Having access to credible news sources related to TT Electronics' direct competition is more important than ever and may enhance your ability to predict TT Electronics' future price movements. Getting to know how TT Electronics' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how TT Electronics may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SMSD | Samsung Electronics Co | 15.00 | 8 per month | 1.55 | 0.34 | 5.44 | (3.23) | 12.16 | |
| BC94 | Samsung Electronics Co | 14.00 | 5 per month | 1.60 | 0.38 | 5.77 | (3.43) | 13.29 | |
| SMSN | Samsung Electronics Co | 68.00 | 5 per month | 1.57 | 0.37 | 5.89 | (3.18) | 11.22 | |
| TYT | Toyota Motor Corp | (64.00) | 8 per month | 1.28 | 0.12 | 3.26 | (2.29) | 10.55 | |
| 0L2T | Samsung SDI Co | 0.80 | 1 per month | 2.88 | 0.25 | 12.21 | (5.30) | 26.07 | |
| LGLD | LG ELECTRONICS INC | 0.00 | 3 per month | 4.63 | 0.07 | 12.50 | (11.43) | 45.83 | |
| RIGD | Reliance Industries Limited | (1.30) | 6 per month | 0.00 | (0.12) | 1.60 | (2.66) | 7.27 | |
| 0RUK | MOL Hungarian Oil | 0.00 | 5 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0M69 | OTP Bank Nyrt | (4,865) | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for TT Electronics
For every potential investor in TTG, whether a beginner or expert, TT Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TTG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TTG. Basic forecasting techniques help filter out the noise by identifying TT Electronics' price trends.TT Electronics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TT Electronics stock to make a market-neutral strategy. Peer analysis of TT Electronics could also be used in its relative valuation, which is a method of valuing TT Electronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TT Electronics Market Strength Events
Market strength indicators help investors to evaluate how TT Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TT Electronics shares will generate the highest return on investment. By undertsting and applying TT Electronics stock market strength indicators, traders can identify TT Electronics Plc entry and exit signals to maximize returns.
TT Electronics Risk Indicators
The analysis of TT Electronics' 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 TT Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ttg 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.
| Mean Deviation | 1.65 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.2 |
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.
Story Coverage note for TT Electronics
The number of cover stories for TT Electronics depends on current market conditions and TT Electronics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TT Electronics is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about TT Electronics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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TT Electronics Short Properties
TT Electronics' future price predictability will typically decrease when TT Electronics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TT Electronics Plc often depends not only on the future outlook of the potential TT Electronics' 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. TT Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 178.5 M | |
| Cash And Short Term Investments | 69.2 M |
Other Information on Investing in TTG Stock
TT Electronics financial ratios help investors to determine whether TTG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TTG with respect to the benefits of owning TT Electronics security.