Ras Technology (Australia) Probability of Future Stock Price Finishing Over 3.73
| RTH Stock | 0.96 0.10 9.43% |
Ras |
Ras Technology Target Price Odds to finish over 3.73
The tendency of Ras 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 3.73 or more in 90 days |
| 0.96 | 90 days | 3.73 | close to zero percent |
Based on a normal probability distribution, the odds of Ras Technology to move over 3.73 or more in 90 days from now is close to zero percent (This Ras Technology Holdings probability density function shows the probability of Ras Stock to fall within a particular range of prices over 90 days) . Probability of Ras Technology Holdings price to stay between its current price of 0.96 and 3.73 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Ras Technology Holdings has a beta of -1.2 indicating as returns on its benchmark rise, returns on holding Ras Technology Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ras Technology is expected to outperform its benchmark. Additionally Ras Technology Holdings 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. Ras Technology Price Density |
| Price |
Predictive Modules for Ras Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ras Technology Holdings. 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.Ras Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ras Technology is not an exception. The market had few large corrections towards the Ras Technology'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 Ras Technology Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ras Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | -1.2 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.24 |
Ras Technology 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 Ras Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ras Technology Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ras Technology generated a negative expected return over the last 90 days | |
| Ras Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 16.18 M. Net Loss for the year was (381 K) with profit before overhead, payroll, taxes, and interest of 2.94 M. | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: RAS Technology Reports Robust Growth Amid Strategic Expansion - TipRanks |
Ras Technology 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 Ras Stock often depends not only on the future outlook of the current and potential Ras Technology'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. Ras Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.5 M | |
| Cash And Short Term Investments | 8.3 M |
Ras Technology Technical Analysis
Ras Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Ras Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ras Technology Holdings. In general, you should focus on analyzing Ras Stock price patterns and their correlations with different microeconomic environments and drivers.
Ras Technology Predictive Forecast Models
Ras Technology's time-series forecasting models is one of many Ras Technology'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 Ras Technology'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 Ras Technology Holdings
Checking the ongoing alerts about Ras Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ras Technology Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ras Technology generated a negative expected return over the last 90 days | |
| Ras Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 16.18 M. Net Loss for the year was (381 K) with profit before overhead, payroll, taxes, and interest of 2.94 M. | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: RAS Technology Reports Robust Growth Amid Strategic Expansion - TipRanks |
Additional Tools for Ras Stock Analysis
When running Ras Technology's price analysis, check to measure Ras Technology'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 Ras Technology is operating at the current time. Most of Ras Technology's value examination focuses on studying past and present price action to predict the probability of Ras Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ras Technology's price. Additionally, you may evaluate how the addition of Ras Technology to your portfolios can decrease your overall portfolio volatility.