Future Generation (Australia) Probability of Future Stock Price Finishing Over 1.39
| FGG Stock | 1.39 0.01 0.71% |
Future |
Future Generation Target Price Odds to finish over 1.39
The tendency of Future 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 |
| 1.39 | 90 days | 1.39 | about 13.52 |
Based on a normal probability distribution, the odds of Future Generation to move above the current price in 90 days from now is about 13.52 (This Future Generation Global probability density function shows the probability of Future Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Future Generation Global has a beta of -0.0367. This usually indicates as returns on the benchmark increase, returns on holding Future Generation are expected to decrease at a much lower rate. During a bear market, however, Future Generation Global is likely to outperform the market. Additionally Future Generation Global has an alpha of 0.1111, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Future Generation Price Density |
| Price |
Predictive Modules for Future Generation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Future Generation Global. 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.Future Generation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Future Generation is not an exception. The market had few large corrections towards the Future Generation'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 Future Generation Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Future Generation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.0099 |
Future Generation 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 Future Generation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Future Generation Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Future Generation may become a speculative penny stock | |
| Future Generation is unlikely to experience financial distress in the next 2 years | |
| Future Generation Global has accumulated about 46.61 M in cash with (5.93 M) of positive cash flow from operations. | |
| Roughly 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Future Generation Global Boosts Stake in Morphic Ethical - TipRanks |
Future Generation 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 Future Stock often depends not only on the future outlook of the current and potential Future Generation'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. Future Generation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 396.2 M | |
| Cash And Short Term Investments | 568.6 M |
Future Generation Technical Analysis
Future Generation's future price can be derived by breaking down and analyzing its technical indicators over time. Future Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Future Generation Global. In general, you should focus on analyzing Future Stock price patterns and their correlations with different microeconomic environments and drivers.
Future Generation Predictive Forecast Models
Future Generation's time-series forecasting models is one of many Future Generation'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 Future Generation'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 Future Generation Global
Checking the ongoing alerts about Future Generation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Future Generation Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Future Generation may become a speculative penny stock | |
| Future Generation is unlikely to experience financial distress in the next 2 years | |
| Future Generation Global has accumulated about 46.61 M in cash with (5.93 M) of positive cash flow from operations. | |
| Roughly 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Future Generation Global Boosts Stake in Morphic Ethical - TipRanks |
Additional Tools for Future Stock Analysis
When running Future Generation's price analysis, check to measure Future Generation'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 Future Generation is operating at the current time. Most of Future Generation's value examination focuses on studying past and present price action to predict the probability of Future Generation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Generation's price. Additionally, you may evaluate how the addition of Future Generation to your portfolios can decrease your overall portfolio volatility.