TenX Keane Acquisition Probability of Future Stock Price Finishing Under 11.48
| TENKDelisted Stock | 3.20 0.15 4.48% |
TenX |
TenX Keane Target Price Odds to finish below 11.48
The tendency of TenX 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 stay under 11.48 after 90 days |
| 3.20 | 90 days | 11.48 | about 38.94 |
Based on a normal probability distribution, the odds of TenX Keane to stay under 11.48 after 90 days from now is about 38.94 (This TenX Keane Acquisition probability density function shows the probability of TenX Stock to fall within a particular range of prices over 90 days) . Probability of TenX Keane Acquisition price to stay between its current price of 3.20 and 11.48 at the end of the 90-day period is about 29.13 .
Given the investment horizon of 90 days TenX Keane Acquisition has a beta of -1.94. This usually implies as returns on its benchmark rise, returns on holding TenX Keane Acquisition are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TenX Keane is expected to outperform its benchmark. In addition to that TenX Keane Acquisition has an alpha of 2.0892, implying that it can generate a 2.09 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TenX Keane Price Density |
| Price |
Predictive Modules for TenX Keane
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TenX Keane Acquisition. 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.TenX Keane Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TenX Keane is not an exception. The market had few large corrections towards the TenX Keane'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 TenX Keane Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TenX Keane within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.09 | |
β | Beta against Dow Jones | -1.94 | |
σ | Overall volatility | 8.20 | |
Ir | Information ratio | 0.07 |
TenX Keane 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 TenX Keane for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TenX Keane Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TenX Keane is now traded under the symbol CTOR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| TenX Keane is not yet fully synchronised with the market data | |
| TenX Keane has a very high chance of going through financial distress in the upcoming years | |
| TenX Keane generates negative cash flow from operations | |
| About 65.0% of the company shares are owned by institutional investors |
TenX Keane 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 TenX Stock often depends not only on the future outlook of the current and potential TenX Keane'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. TenX Keane's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.9 M | |
| Cash And Short Term Investments | 32.7 K |
TenX Keane Technical Analysis
TenX Keane's future price can be derived by breaking down and analyzing its technical indicators over time. TenX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TenX Keane Acquisition. In general, you should focus on analyzing TenX Stock price patterns and their correlations with different microeconomic environments and drivers.
TenX Keane Predictive Forecast Models
TenX Keane's time-series forecasting models is one of many TenX Keane'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 TenX Keane'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 TenX Keane Acquisition
Checking the ongoing alerts about TenX Keane for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TenX Keane Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TenX Keane is now traded under the symbol CTOR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| TenX Keane is not yet fully synchronised with the market data | |
| TenX Keane has a very high chance of going through financial distress in the upcoming years | |
| TenX Keane generates negative cash flow from operations | |
| About 65.0% of the company shares are owned by institutional investors |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in TenX Stock
If you are still planning to invest in TenX Keane Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TenX Keane's history and understand the potential risks before investing.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |