TESCO PLC (Germany) Probability of Future Stock Price Finishing Under 4.36
| TCO0 Stock | EUR 4.46 0.06 1.36% |
TESCO |
TESCO PLC Target Price Odds to finish below 4.36
The tendency of TESCO 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 € 4.36 or more in 90 days |
| 4.46 | 90 days | 4.36 | about 73.42 |
Based on a normal probability distribution, the odds of TESCO PLC to drop to € 4.36 or more in 90 days from now is about 73.42 (This TESCO PLC LS 0633333 probability density function shows the probability of TESCO Stock to fall within a particular range of prices over 90 days) . Probability of TESCO PLC LS price to stay between € 4.36 and its current price of €4.46 at the end of the 90-day period is about 20.11 .
Assuming the 90 days trading horizon TESCO PLC LS 0633333 has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding TESCO PLC are expected to decrease at a much lower rate. During a bear market, however, TESCO PLC LS 0633333 is likely to outperform the market. Additionally TESCO PLC LS 0633333 has an alpha of 0.0597, implying that it can generate a 0.0597 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TESCO PLC Price Density |
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Predictive Modules for TESCO PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TESCO PLC LS. 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.TESCO PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TESCO PLC is not an exception. The market had few large corrections towards the TESCO PLC'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 TESCO PLC LS 0633333, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TESCO PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.05 |
TESCO PLC 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 TESCO PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TESCO PLC LS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TESCO PLC LS 0633333 has accumulated 15.67 B in total debt with debt to equity ratio (D/E) of 1.27, which is about average as compared to similar companies. TESCO PLC LS has a current ratio of 0.67, 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 TESCO PLC until it has trouble settling it off, either with new capital or with free cash flow. So, TESCO PLC'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 TESCO PLC LS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TESCO to invest in growth at high rates of return. When we think about TESCO PLC's use of debt, we should always consider it together with cash and equity. | |
| About 66.0% of TESCO PLC shares are owned by institutional investors |
TESCO PLC Technical Analysis
TESCO PLC's future price can be derived by breaking down and analyzing its technical indicators over time. TESCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TESCO PLC LS 0633333. In general, you should focus on analyzing TESCO Stock price patterns and their correlations with different microeconomic environments and drivers.
TESCO PLC Predictive Forecast Models
TESCO PLC's time-series forecasting models is one of many TESCO PLC'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 TESCO PLC'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 TESCO PLC LS
Checking the ongoing alerts about TESCO PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TESCO PLC LS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TESCO PLC LS 0633333 has accumulated 15.67 B in total debt with debt to equity ratio (D/E) of 1.27, which is about average as compared to similar companies. TESCO PLC LS has a current ratio of 0.67, 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 TESCO PLC until it has trouble settling it off, either with new capital or with free cash flow. So, TESCO PLC'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 TESCO PLC LS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TESCO to invest in growth at high rates of return. When we think about TESCO PLC's use of debt, we should always consider it together with cash and equity. | |
| About 66.0% of TESCO PLC shares are owned by institutional investors |
Other Information on Investing in TESCO Stock
TESCO PLC financial ratios help investors to determine whether TESCO 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 TESCO with respect to the benefits of owning TESCO PLC security.