TTG Fintech (Australia) Probability of Future Stock Price Finishing Over 0.008034
| FTC Stock | 0.01 0.00 0.00% |
TTG |
TTG Fintech Target Price Odds to finish over 0.008034
The tendency of TTG 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 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of TTG Fintech to move over 0.01 or more in 90 days from now is near 1 (This TTG Fintech probability density function shows the probability of TTG Stock to fall within a particular range of prices over 90 days) . Probability of TTG Fintech price to stay between its current price of 0.01 and 0.01 at the end of the 90-day period is about 52.03 .
Assuming the 90 days trading horizon TTG Fintech has a beta of -0.53. This usually indicates as returns on the benchmark increase, returns on holding TTG Fintech are expected to decrease at a much lower rate. During a bear market, however, TTG Fintech is likely to outperform the market. Additionally TTG Fintech 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. TTG Fintech Price Density |
| Price |
Predictive Modules for TTG Fintech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TTG Fintech. 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.TTG Fintech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TTG Fintech is not an exception. The market had few large corrections towards the TTG Fintech'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 TTG Fintech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TTG Fintech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 0.0006 | |
Ir | Information ratio | -0.08 |
TTG Fintech 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 TTG Fintech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TTG Fintech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TTG Fintech has some characteristics of a very speculative penny stock | |
| TTG Fintech had very high historical volatility over the last 90 days | |
| TTG Fintech has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 9.56 M. Net Loss for the year was (1 M) with profit before overhead, payroll, taxes, and interest of 26.96 M. | |
| About 66.0% of the company shares are held by company insiders |
TTG Fintech 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 TTG Stock often depends not only on the future outlook of the current and potential TTG Fintech'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. TTG Fintech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 650.8 M | |
| Cash And Short Term Investments | 598.7 K |
TTG Fintech Technical Analysis
TTG Fintech's future price can be derived by breaking down and analyzing its technical indicators over time. TTG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TTG Fintech. In general, you should focus on analyzing TTG Stock price patterns and their correlations with different microeconomic environments and drivers.
TTG Fintech Predictive Forecast Models
TTG Fintech's time-series forecasting models is one of many TTG Fintech'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 TTG Fintech'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 TTG Fintech
Checking the ongoing alerts about TTG Fintech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TTG Fintech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TTG Fintech has some characteristics of a very speculative penny stock | |
| TTG Fintech had very high historical volatility over the last 90 days | |
| TTG Fintech has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 9.56 M. Net Loss for the year was (1 M) with profit before overhead, payroll, taxes, and interest of 26.96 M. | |
| About 66.0% of the company shares are held by company insiders |
Additional Tools for TTG Stock Analysis
When running TTG Fintech's price analysis, check to measure TTG Fintech'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 TTG Fintech is operating at the current time. Most of TTG Fintech's value examination focuses on studying past and present price action to predict the probability of TTG Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTG Fintech's price. Additionally, you may evaluate how the addition of TTG Fintech to your portfolios can decrease your overall portfolio volatility.