FARO Technologies (Germany) Probability of Future Stock Price Finishing Under 19.79
| FT1 Stock | EUR 24.80 0.20 0.80% |
FARO |
FARO Technologies Target Price Odds to finish below 19.79
The tendency of FARO 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 drop to € 19.79 or more in 90 days |
| 24.80 | 90 days | 19.79 | about 67.47 |
Based on a normal probability distribution, the odds of FARO Technologies to drop to € 19.79 or more in 90 days from now is about 67.47 (This FARO Technologies probability density function shows the probability of FARO Stock to fall within a particular range of prices over 90 days) . Probability of FARO Technologies price to stay between € 19.79 and its current price of €24.8 at the end of the 90-day period is about 28.89 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.29 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FARO Technologies will likely underperform. Additionally FARO Technologies has an alpha of 0.5365, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FARO Technologies Price Density |
| Price |
Predictive Modules for FARO Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FARO Technologies. 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.FARO Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FARO Technologies is not an exception. The market had few large corrections towards the FARO Technologies' 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 FARO Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FARO Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 2.29 | |
σ | Overall volatility | 3.71 | |
Ir | Information ratio | 0.14 |
FARO Technologies 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 FARO Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FARO Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FARO Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 345.76 M. Net Loss for the year was (26.76 M) with profit before overhead, payroll, taxes, and interest of 175.76 M. | |
| FARO Technologies has accumulated about 145.42 M in cash with (24.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.39. | |
| Over 99.0% of the company shares are owned by institutional investors |
FARO Technologies 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 FARO Stock often depends not only on the future outlook of the current and potential FARO Technologies' 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. FARO Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.8 M |
FARO Technologies Technical Analysis
FARO Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. FARO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FARO Technologies. In general, you should focus on analyzing FARO Stock price patterns and their correlations with different microeconomic environments and drivers.
FARO Technologies Predictive Forecast Models
FARO Technologies' time-series forecasting models is one of many FARO Technologies' 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 FARO Technologies' 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 FARO Technologies
Checking the ongoing alerts about FARO Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FARO Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FARO Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 345.76 M. Net Loss for the year was (26.76 M) with profit before overhead, payroll, taxes, and interest of 175.76 M. | |
| FARO Technologies has accumulated about 145.42 M in cash with (24.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.39. | |
| Over 99.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in FARO Stock
When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' 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 Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:Check out FARO Technologies Backtesting, FARO Technologies Valuation, FARO Technologies Correlation, FARO Technologies Hype Analysis, FARO Technologies Volatility, FARO Technologies History as well as FARO Technologies Performance. For more detail on how to invest in FARO Stock please use our How to Invest in FARO Technologies guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.