Teco 2030 Asa Stock Probability of Future Pink Sheet Price Finishing Over 0.03
| TECFF Stock | USD 0.03 0.01 14.29% |
TECO |
TECO 2030 Target Price Odds to finish over 0.03
The tendency of TECO Pink Sheet 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 above the current price in 90 days |
| 0.03 | 90 days | 0.03 | about 98.0 |
Based on a normal probability distribution, the odds of TECO 2030 to move above the current price in 90 days from now is about 98.0 (This TECO 2030 ASA probability density function shows the probability of TECO Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.71 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TECO 2030 will likely underperform. Additionally TECO 2030 ASA 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. TECO 2030 Price Density |
| Price |
Predictive Modules for TECO 2030
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TECO 2030 ASA. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.TECO 2030 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TECO 2030 is not an exception. The market had few large corrections towards the TECO 2030'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 TECO 2030 ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TECO 2030 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.34 | |
β | Beta against Dow Jones | 1.71 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
TECO 2030 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 TECO 2030 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TECO 2030 ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TECO 2030 ASA generated a negative expected return over the last 90 days | |
| TECO 2030 ASA has high historical volatility and very poor performance | |
| TECO 2030 ASA has some characteristics of a very speculative penny stock | |
| TECO 2030 ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.12 M. Net Loss for the year was (53 M) with profit before overhead, payroll, taxes, and interest of 3.81 M. | |
| TECO 2030 ASA has accumulated about 61.34 M in cash with (38.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders |
TECO 2030 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 TECO Pink Sheet often depends not only on the future outlook of the current and potential TECO 2030'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. TECO 2030's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.4 M | |
| Short Long Term Debt | 1.6 M |
TECO 2030 Technical Analysis
TECO 2030's future price can be derived by breaking down and analyzing its technical indicators over time. TECO Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TECO 2030 ASA. In general, you should focus on analyzing TECO Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
TECO 2030 Predictive Forecast Models
TECO 2030's time-series forecasting models is one of many TECO 2030's pink sheet 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 TECO 2030'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 pink sheet market movement and maximize returns from investment trading.
Things to note about TECO 2030 ASA
Checking the ongoing alerts about TECO 2030 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TECO 2030 ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TECO 2030 ASA generated a negative expected return over the last 90 days | |
| TECO 2030 ASA has high historical volatility and very poor performance | |
| TECO 2030 ASA has some characteristics of a very speculative penny stock | |
| TECO 2030 ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.12 M. Net Loss for the year was (53 M) with profit before overhead, payroll, taxes, and interest of 3.81 M. | |
| TECO 2030 ASA has accumulated about 61.34 M in cash with (38.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TECO Pink Sheet
TECO 2030 financial ratios help investors to determine whether TECO Pink Sheet 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 TECO with respect to the benefits of owning TECO 2030 security.