Technical Olympic (Greece) Probability of Future Stock Price Finishing Over 2.41
| OLYMP Stock | EUR 2.33 0.01 0.43% |
Technical |
Technical Olympic Target Price Odds to finish over 2.41
The tendency of Technical 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 € 2.41 or more in 90 days |
| 2.33 | 90 days | 2.41 | about 50.0 |
Based on a normal probability distribution, the odds of Technical Olympic to move over € 2.41 or more in 90 days from now is about 50.0 (This Technical Olympic SA probability density function shows the probability of Technical Stock to fall within a particular range of prices over 90 days) . Probability of Technical Olympic price to stay between its current price of € 2.33 and € 2.41 at the end of the 90-day period is about 41.53 .
Assuming the 90 days trading horizon Technical Olympic has a beta of 0.0037. This indicates as returns on the market go up, Technical Olympic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Technical Olympic SA will be expected to be much smaller as well. Additionally Technical Olympic SA 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. Technical Olympic Price Density |
| Price |
Predictive Modules for Technical Olympic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Technical Olympic. 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.Technical Olympic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Technical Olympic is not an exception. The market had few large corrections towards the Technical Olympic'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 Technical Olympic SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Technical Olympic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.14 |
Technical Olympic 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 Technical Olympic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Technical Olympic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Technical Olympic generated a negative expected return over the last 90 days | |
| Technical Olympic SA has accumulated 8.96 M in total debt with debt to equity ratio (D/E) of 10.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Technical Olympic has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Technical Olympic until it has trouble settling it off, either with new capital or with free cash flow. So, Technical Olympic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Technical Olympic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Technical to invest in growth at high rates of return. When we think about Technical Olympic's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.82 M. Net Loss for the year was (4.29 M) with profit before overhead, payroll, taxes, and interest of 285.74 K. | |
| Technical Olympic SA has accumulated about 1.18 M in cash with (2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 65.0% of Technical Olympic outstanding shares are owned by corporate insiders |
Technical Olympic 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 Technical Stock often depends not only on the future outlook of the current and potential Technical Olympic'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. Technical Olympic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.7 M | |
| Short Long Term Debt | 4.2 M | |
| Shares Float | 16.2 M |
Technical Olympic Technical Analysis
Technical Olympic's future price can be derived by breaking down and analyzing its technical indicators over time. Technical Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Technical Olympic SA. In general, you should focus on analyzing Technical Stock price patterns and their correlations with different microeconomic environments and drivers.
Technical Olympic Predictive Forecast Models
Technical Olympic's time-series forecasting models is one of many Technical Olympic'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 Technical Olympic'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 Technical Olympic
Checking the ongoing alerts about Technical Olympic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Technical Olympic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Technical Olympic generated a negative expected return over the last 90 days | |
| Technical Olympic SA has accumulated 8.96 M in total debt with debt to equity ratio (D/E) of 10.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Technical Olympic has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Technical Olympic until it has trouble settling it off, either with new capital or with free cash flow. So, Technical Olympic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Technical Olympic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Technical to invest in growth at high rates of return. When we think about Technical Olympic's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.82 M. Net Loss for the year was (4.29 M) with profit before overhead, payroll, taxes, and interest of 285.74 K. | |
| Technical Olympic SA has accumulated about 1.18 M in cash with (2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 65.0% of Technical Olympic outstanding shares are owned by corporate insiders |
Other Information on Investing in Technical Stock
Technical Olympic financial ratios help investors to determine whether Technical 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 Technical with respect to the benefits of owning Technical Olympic security.