Taitron Components Incorporated Stock Probability of Future Stock Price Finishing Under 1.36
| TAIT Stock | USD 2.74 0.04 1.48% |
Taitron |
Taitron Components Target Price Odds to finish below 1.36
The tendency of Taitron 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 $ 1.36 or more in 90 days |
| 2.74 | 90 days | 1.36 | near 1 |
Based on a normal probability distribution, the odds of Taitron Components to drop to $ 1.36 or more in 90 days from now is near 1 (This Taitron Components Incorporated probability density function shows the probability of Taitron Stock to fall within a particular range of prices over 90 days) . Probability of Taitron Components price to stay between $ 1.36 and its current price of $2.74 at the end of the 90-day period is about 18.21 .
Given the investment horizon of 90 days Taitron Components has a beta of 0.38. This usually implies as returns on the market go up, Taitron Components average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taitron Components Incorporated will be expected to be much smaller as well. Additionally Taitron Components Incorporated 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. Taitron Components Price Density |
| Price |
Predictive Modules for Taitron Components
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taitron Components. 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.Taitron Components Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taitron Components is not an exception. The market had few large corrections towards the Taitron Components' 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 Taitron Components Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taitron Components within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.14 |
Taitron Components 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 Taitron Components for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taitron Components can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taitron Components generated a negative expected return over the last 90 days | |
| Taitron Components has a strong financial position based on the latest SEC filings | |
| About 40.0% of the company outstanding shares are owned by corporate insiders | |
| On 27th of November 2024 Taitron Components paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Taitron Components stock hits 52-week low at 2.52 By Investing.com - Investing.com Australia |
Taitron Components 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 Taitron Stock often depends not only on the future outlook of the current and potential Taitron Components' 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. Taitron Components' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6 M | |
| Cash And Short Term Investments | 9.8 M |
Taitron Components Technical Analysis
Taitron Components' future price can be derived by breaking down and analyzing its technical indicators over time. Taitron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taitron Components Incorporated. In general, you should focus on analyzing Taitron Stock price patterns and their correlations with different microeconomic environments and drivers.
Taitron Components Predictive Forecast Models
Taitron Components' time-series forecasting models is one of many Taitron Components' 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 Taitron Components' 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 Taitron Components
Checking the ongoing alerts about Taitron Components for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taitron Components help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taitron Components generated a negative expected return over the last 90 days | |
| Taitron Components has a strong financial position based on the latest SEC filings | |
| About 40.0% of the company outstanding shares are owned by corporate insiders | |
| On 27th of November 2024 Taitron Components paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Taitron Components stock hits 52-week low at 2.52 By Investing.com - Investing.com Australia |
Additional Tools for Taitron Stock Analysis
When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.