Taoping Stock Odds of Future Stock Price Finishing Under 0.02
| TAOP Stock | USD 0.34 0.01 2.86% |
Taoping |
Taoping Target Price Odds to finish below 0.02
The tendency of Taoping 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 $ 0.02 or more in 90 days |
| 0.34 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Taoping to drop to $ 0.02 or more in 90 days from now is near 1 (This Taoping probability density function shows the probability of Taoping Stock to fall within a particular range of prices over 90 days) . Probability of Taoping price to stay between $ 0.02 and its current price of $0.34 at the end of the 90-day period is about 5.08 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.1 . This usually implies Taoping market returns are sensible to returns on the market. As the market goes up or down, Taoping is expected to follow. Additionally Taoping 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. Taoping Price Density |
| Price |
Predictive Modules for Taoping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taoping. 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.Taoping Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taoping is not an exception. The market had few large corrections towards the Taoping'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 Taoping, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taoping within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.59 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.07 |
Taoping 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 Taoping for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taoping can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taoping generated a negative expected return over the last 90 days | |
| Taoping has high historical volatility and very poor performance | |
| Taoping has some characteristics of a very speculative penny stock | |
| Taoping has a very high chance of going through financial distress in the upcoming years | |
| Taoping currently holds 9 M in liabilities with Debt to Equity (D/E) ratio of 0.48, which is about average as compared to similar companies. Taoping has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Taoping's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 38.64 M. Net Loss for the year was (697.94 K) with profit before overhead, payroll, taxes, and interest of 9.04 M. | |
| Taoping currently holds about 753.72 K in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Taoping has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: TAOP Stock Experiences Sharp Decline Amidst Software Service Sector Movements |
Taoping 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 Taoping Stock often depends not only on the future outlook of the current and potential Taoping'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. Taoping's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 M | |
| Cash And Short Term Investments | 1.3 M |
Taoping Technical Analysis
Taoping's future price can be derived by breaking down and analyzing its technical indicators over time. Taoping Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taoping. In general, you should focus on analyzing Taoping Stock price patterns and their correlations with different microeconomic environments and drivers.
Taoping Predictive Forecast Models
Taoping's time-series forecasting models is one of many Taoping'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 Taoping'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 Taoping
Checking the ongoing alerts about Taoping for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taoping help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taoping generated a negative expected return over the last 90 days | |
| Taoping has high historical volatility and very poor performance | |
| Taoping has some characteristics of a very speculative penny stock | |
| Taoping has a very high chance of going through financial distress in the upcoming years | |
| Taoping currently holds 9 M in liabilities with Debt to Equity (D/E) ratio of 0.48, which is about average as compared to similar companies. Taoping has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Taoping's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 38.64 M. Net Loss for the year was (697.94 K) with profit before overhead, payroll, taxes, and interest of 9.04 M. | |
| Taoping currently holds about 753.72 K in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Taoping has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: TAOP Stock Experiences Sharp Decline Amidst Software Service Sector Movements |
Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.