Theradiag (France) Probability of Future Stock Price Finishing Over 4.97
| ALTHE Stock | EUR 0.34 0.03 8.11% |
Theradiag |
Theradiag Target Price Odds to finish over 4.97
The tendency of Theradiag 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 over € 4.97 or more in 90 days |
| 0.34 | 90 days | 4.97 | close to zero percent |
Based on a normal probability distribution, the odds of Theradiag to move over € 4.97 or more in 90 days from now is close to zero percent (This Theradiag SA probability density function shows the probability of Theradiag Stock to fall within a particular range of prices over 90 days) . Probability of Theradiag SA price to stay between its current price of € 0.34 and € 4.97 at the end of the 90-day period is about 79.38 .
Assuming the 90 days trading horizon Theradiag SA has a beta of -0.0677. This suggests as returns on the benchmark increase, returns on holding Theradiag are expected to decrease at a much lower rate. During a bear market, however, Theradiag SA is likely to outperform the market. Additionally Theradiag SA has an alpha of 0.409, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Theradiag Price Density |
| Price |
Predictive Modules for Theradiag
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Theradiag SA. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Theradiag's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Theradiag Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Theradiag is not an exception. The market had few large corrections towards the Theradiag'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 Theradiag SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Theradiag within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.06 |
Theradiag 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 Theradiag for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Theradiag SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Theradiag SA has some characteristics of a very speculative penny stock | |
| Theradiag SA had very high historical volatility over the last 90 days | |
| Theradiag SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.48 M. Net Loss for the year was (3.76 M) with loss before overhead, payroll, taxes, and interest of (1.4 M). | |
| Theradiag SA has accumulated about 938.86 K in cash with (3.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 23.0% of the company shares are held by company insiders |
Theradiag 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 Theradiag Stock often depends not only on the future outlook of the current and potential Theradiag'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. Theradiag's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.8 M | |
| Cash And Short Term Investments | 2.5 M |
Theradiag Technical Analysis
Theradiag's future price can be derived by breaking down and analyzing its technical indicators over time. Theradiag Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Theradiag SA. In general, you should focus on analyzing Theradiag Stock price patterns and their correlations with different microeconomic environments and drivers.
Theradiag Predictive Forecast Models
Theradiag's time-series forecasting models is one of many Theradiag'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 Theradiag'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 Theradiag SA
Checking the ongoing alerts about Theradiag for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Theradiag SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Theradiag SA has some characteristics of a very speculative penny stock | |
| Theradiag SA had very high historical volatility over the last 90 days | |
| Theradiag SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.48 M. Net Loss for the year was (3.76 M) with loss before overhead, payroll, taxes, and interest of (1.4 M). | |
| Theradiag SA has accumulated about 938.86 K in cash with (3.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 23.0% of the company shares are held by company insiders |
Additional Tools for Theradiag Stock Analysis
When running Theradiag's price analysis, check to measure Theradiag's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Theradiag is operating at the current time. Most of Theradiag's value examination focuses on studying past and present price action to predict the probability of Theradiag's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Theradiag's price. Additionally, you may evaluate how the addition of Theradiag to your portfolios can decrease your overall portfolio volatility.