Gaztransport Technigaz (France) Probability of Future Stock Price Finishing Under 139.88
| GTT Stock | EUR 140.40 0.70 0.50% |
Gaztransport |
Gaztransport Technigaz Target Price Odds to finish below 139.88
The tendency of Gaztransport 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 € 139.88 or more in 90 days |
| 140.40 | 90 days | 139.88 | over 95.73 |
Based on a normal probability distribution, the odds of Gaztransport Technigaz to drop to € 139.88 or more in 90 days from now is over 95.73 (This Gaztransport Technigaz SAS probability density function shows the probability of Gaztransport Stock to fall within a particular range of prices over 90 days) . Probability of Gaztransport Technigaz price to stay between € 139.88 and its current price of €140.4 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Gaztransport Technigaz has a beta of 0.25. This usually indicates as returns on the market go up, Gaztransport Technigaz average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gaztransport Technigaz SAS will be expected to be much smaller as well. Additionally Gaztransport Technigaz SAS has an alpha of 0.036, implying that it can generate a 0.036 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gaztransport Technigaz Price Density |
| Price |
Predictive Modules for Gaztransport Technigaz
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gaztransport Technigaz. 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.Gaztransport Technigaz Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gaztransport Technigaz is not an exception. The market had few large corrections towards the Gaztransport Technigaz'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 Gaztransport Technigaz SAS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gaztransport Technigaz within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 4.86 | |
Ir | Information ratio | -0.04 |
Gaztransport Technigaz 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 Gaztransport Stock often depends not only on the future outlook of the current and potential Gaztransport Technigaz'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. Gaztransport Technigaz's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 203.8 M |
Gaztransport Technigaz Technical Analysis
Gaztransport Technigaz's future price can be derived by breaking down and analyzing its technical indicators over time. Gaztransport Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gaztransport Technigaz SAS. In general, you should focus on analyzing Gaztransport Stock price patterns and their correlations with different microeconomic environments and drivers.
Gaztransport Technigaz Predictive Forecast Models
Gaztransport Technigaz's time-series forecasting models is one of many Gaztransport Technigaz'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 Gaztransport Technigaz'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gaztransport Technigaz in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gaztransport Technigaz's short interest history, or implied volatility extrapolated from Gaztransport Technigaz options trading.
Other Information on Investing in Gaztransport Stock
Gaztransport Technigaz financial ratios help investors to determine whether Gaztransport Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gaztransport with respect to the benefits of owning Gaztransport Technigaz security.