Genetec Technology (Malaysia) Probability of Future Stock Price Finishing Over 0.88
| 0104 Stock | 0.88 0.06 7.32% |
Genetec |
Genetec Technology Target Price Odds to finish over 0.88
The tendency of Genetec 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 |
| 0.88 | 90 days | 0.88 | about 46.68 |
Based on a normal probability distribution, the odds of Genetec Technology to move above the current price in 90 days from now is about 46.68 (This Genetec Technology Bhd probability density function shows the probability of Genetec Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 3.69 . 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, Genetec Technology will likely underperform. Additionally Genetec Technology 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. Genetec Technology Price Density |
| Price |
Predictive Modules for Genetec Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genetec Technology 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.Genetec Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genetec Technology is not an exception. The market had few large corrections towards the Genetec Technology'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 Genetec Technology Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genetec Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.94 | |
β | Beta against Dow Jones | 3.69 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.09 |
Genetec Technology 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 Genetec Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genetec Technology 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.| Genetec Technology generated a negative expected return over the last 90 days | |
| Genetec Technology has high historical volatility and very poor performance | |
| Genetec Technology has some characteristics of a very speculative penny stock | |
| Genetec Technology Bhd has accumulated about 31.23 M in cash with (99.61 M) of positive cash flow from operations. |
Genetec Technology 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 Genetec Stock often depends not only on the future outlook of the current and potential Genetec Technology'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. Genetec Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 713.7 M | |
| Cash And Short Term Investments | 32 M |
Genetec Technology Technical Analysis
Genetec Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Genetec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genetec Technology Bhd. In general, you should focus on analyzing Genetec Stock price patterns and their correlations with different microeconomic environments and drivers.
Genetec Technology Predictive Forecast Models
Genetec Technology's time-series forecasting models is one of many Genetec Technology'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 Genetec Technology'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 Genetec Technology Bhd
Checking the ongoing alerts about Genetec Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genetec Technology Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genetec Technology generated a negative expected return over the last 90 days | |
| Genetec Technology has high historical volatility and very poor performance | |
| Genetec Technology has some characteristics of a very speculative penny stock | |
| Genetec Technology Bhd has accumulated about 31.23 M in cash with (99.61 M) of positive cash flow from operations. |
Other Information on Investing in Genetec Stock
Genetec Technology financial ratios help investors to determine whether Genetec 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 Genetec with respect to the benefits of owning Genetec Technology security.