TechnipFMC PLC (Germany) Probability of Future Stock Price Finishing Over 29.33
| 1T1 Stock | EUR 29.33 0.21 0.72% |
TechnipFMC |
TechnipFMC PLC Target Price Odds to finish over 29.33
The tendency of TechnipFMC 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 |
| 29.33 | 90 days | 29.33 | near 1 |
Based on a normal probability distribution, the odds of TechnipFMC PLC to move above the current price in 90 days from now is near 1 (This TechnipFMC PLC probability density function shows the probability of TechnipFMC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.25 . 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, TechnipFMC PLC will likely underperform. Additionally TechnipFMC PLC has an alpha of 0.1764, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TechnipFMC PLC Price Density |
| Price |
Predictive Modules for TechnipFMC PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TechnipFMC 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.TechnipFMC PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TechnipFMC PLC is not an exception. The market had few large corrections towards the TechnipFMC PLC'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 TechnipFMC PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TechnipFMC PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 1.25 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | 0.09 |
TechnipFMC PLC 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 TechnipFMC PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TechnipFMC PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 6.7 B. Net Loss for the year was (107.2 M) with profit before overhead, payroll, taxes, and interest of 896.3 M. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
TechnipFMC PLC 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 TechnipFMC Stock often depends not only on the future outlook of the current and potential TechnipFMC PLC'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. TechnipFMC PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 446.4 M |
TechnipFMC PLC Technical Analysis
TechnipFMC PLC's future price can be derived by breaking down and analyzing its technical indicators over time. TechnipFMC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TechnipFMC PLC. In general, you should focus on analyzing TechnipFMC Stock price patterns and their correlations with different microeconomic environments and drivers.
TechnipFMC PLC Predictive Forecast Models
TechnipFMC PLC's time-series forecasting models is one of many TechnipFMC PLC'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 TechnipFMC PLC'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 TechnipFMC PLC
Checking the ongoing alerts about TechnipFMC PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TechnipFMC PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 6.7 B. Net Loss for the year was (107.2 M) with profit before overhead, payroll, taxes, and interest of 896.3 M. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in TechnipFMC Stock
When determining whether TechnipFMC PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TechnipFMC PLC's 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 Technipfmc Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Technipfmc Plc Stock:Check out TechnipFMC PLC Backtesting, TechnipFMC PLC Valuation, TechnipFMC PLC Correlation, TechnipFMC PLC Hype Analysis, TechnipFMC PLC Volatility, TechnipFMC PLC History as well as TechnipFMC PLC Performance. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.