Techfast Holdings (Malaysia) Probability of Future Stock Price Finishing Over 0.0529
| 0084 Stock | 0.06 0.01 8.33% |
Techfast |
Techfast Holdings Target Price Odds to finish over 0.0529
The tendency of Techfast 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 above 0.05 in 90 days |
| 0.06 | 90 days | 0.05 | close to 99 |
Based on a normal probability distribution, the odds of Techfast Holdings to stay above 0.05 in 90 days from now is close to 99 (This Techfast Holdings Bhd probability density function shows the probability of Techfast Stock to fall within a particular range of prices over 90 days) . Probability of Techfast Holdings Bhd price to stay between 0.05 and its current price of 0.055 at the end of the 90-day period is roughly 2.08 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.74 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Techfast Holdings will likely underperform. Additionally Techfast Holdings Bhd 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. Techfast Holdings Price Density |
| Price |
Predictive Modules for Techfast Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Techfast Holdings Bhd. 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.Techfast Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Techfast Holdings is not an exception. The market had few large corrections towards the Techfast Holdings' 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 Techfast Holdings Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Techfast Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 1.74 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.02 |
Techfast Holdings 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 Techfast Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Techfast Holdings Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Techfast Holdings had very high historical volatility over the last 90 days | |
| Techfast Holdings has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 194.7 M. Net Loss for the year was (1.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Techfast Holdings generates negative cash flow from operations |
Techfast Holdings 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 Techfast Stock often depends not only on the future outlook of the current and potential Techfast Holdings' 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. Techfast Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.2 M | |
| Cash And Short Term Investments | 11.4 M |
Techfast Holdings Technical Analysis
Techfast Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Techfast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Techfast Holdings Bhd. In general, you should focus on analyzing Techfast Stock price patterns and their correlations with different microeconomic environments and drivers.
Techfast Holdings Predictive Forecast Models
Techfast Holdings' time-series forecasting models is one of many Techfast Holdings' 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 Techfast Holdings' 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 Techfast Holdings Bhd
Checking the ongoing alerts about Techfast Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Techfast Holdings Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Techfast Holdings had very high historical volatility over the last 90 days | |
| Techfast Holdings has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 194.7 M. Net Loss for the year was (1.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Techfast Holdings generates negative cash flow from operations |
Other Information on Investing in Techfast Stock
Techfast Holdings financial ratios help investors to determine whether Techfast 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 Techfast with respect to the benefits of owning Techfast Holdings security.