Raytech Holding Limited Stock Probability of Future Stock Price Finishing Over 1.29
| RAY Stock | 1.41 0.13 10.16% |
Raytech |
Raytech Holding Target Price Odds to finish over 1.29
The tendency of Raytech 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 stay above 1.29 in 90 days |
| 1.41 | 90 days | 1.29 | about 98.0 |
Based on a normal probability distribution, the odds of Raytech Holding to stay above 1.29 in 90 days from now is about 98.0 (This Raytech Holding Limited probability density function shows the probability of Raytech Stock to fall within a particular range of prices over 90 days) . Probability of Raytech Holding price to stay between 1.29 and its current price of 1.41 at the end of the 90-day period is about 5.76 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.05 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Raytech Holding will likely underperform. Additionally Raytech Holding Limited 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. Raytech Holding Price Density |
| Price |
Predictive Modules for Raytech Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Raytech Holding. 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.Raytech Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Raytech Holding is not an exception. The market had few large corrections towards the Raytech Holding'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 Raytech Holding Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Raytech Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 2.05 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.02 |
Raytech Holding 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 Raytech Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Raytech Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Raytech Holding generated a negative expected return over the last 90 days | |
| Raytech Holding has high historical volatility and very poor performance | |
| Raytech Holding may become a speculative penny stock | |
| Raytech Holding has a strong financial position based on the latest SEC filings | |
| About 82.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Is Raytech Holding Limited A High Quality Stock To Own |
Raytech Holding 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 Raytech Stock often depends not only on the future outlook of the current and potential Raytech Holding'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. Raytech Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16 M | |
| Cash And Short Term Investments | 35.9 M |
Raytech Holding Technical Analysis
Raytech Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Raytech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Raytech Holding Limited. In general, you should focus on analyzing Raytech Stock price patterns and their correlations with different microeconomic environments and drivers.
Raytech Holding Predictive Forecast Models
Raytech Holding's time-series forecasting models is one of many Raytech Holding'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 Raytech Holding'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 Raytech Holding
Checking the ongoing alerts about Raytech Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Raytech Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Raytech Holding generated a negative expected return over the last 90 days | |
| Raytech Holding has high historical volatility and very poor performance | |
| Raytech Holding may become a speculative penny stock | |
| Raytech Holding has a strong financial position based on the latest SEC filings | |
| About 82.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Is Raytech Holding Limited A High Quality Stock To Own |
Additional Tools for Raytech Stock Analysis
When running Raytech Holding's price analysis, check to measure Raytech Holding'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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.