Triple Flag Precious Stock Probability of Future Stock Price Finishing Under 12.0
| TFPM Stock | USD 16.64 0.13 0.78% |
Triple |
Triple Flag Target Price Odds to finish below 12.0
The tendency of Triple 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 $ 12.00 or more in 90 days |
| 16.64 | 90 days | 12.00 | near 1 |
Based on a normal probability distribution, the odds of Triple Flag to drop to $ 12.00 or more in 90 days from now is near 1 (This Triple Flag Precious probability density function shows the probability of Triple Stock to fall within a particular range of prices over 90 days) . Probability of Triple Flag Precious price to stay between $ 12.00 and its current price of $16.64 at the end of the 90-day period is about 47.2 .
Given the investment horizon of 90 days Triple Flag has a beta of 0.45. This usually implies as returns on the market go up, Triple Flag average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Triple Flag Precious will be expected to be much smaller as well. Additionally Triple Flag Precious 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. Triple Flag Price Density |
| Price |
Predictive Modules for Triple Flag
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Triple Flag Precious. 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.Triple Flag Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Triple Flag is not an exception. The market had few large corrections towards the Triple Flag'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 Triple Flag Precious, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Triple Flag within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0002 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.03 |
Triple Flag 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 Triple Flag for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Triple Flag Precious can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Triple Flag Precious has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Triple Flag Precious Metals Corp. Shares Bought by CIBC Asset Management Inc - MarketBeat |
Triple Flag 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 Triple Stock often depends not only on the future outlook of the current and potential Triple Flag'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. Triple Flag's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.5 M | |
| Cash And Short Term Investments | 31.3 M |
Triple Flag Technical Analysis
Triple Flag's future price can be derived by breaking down and analyzing its technical indicators over time. Triple Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Triple Flag Precious. In general, you should focus on analyzing Triple Stock price patterns and their correlations with different microeconomic environments and drivers.
Triple Flag Predictive Forecast Models
Triple Flag's time-series forecasting models is one of many Triple Flag'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 Triple Flag'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 Triple Flag Precious
Checking the ongoing alerts about Triple Flag for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Triple Flag Precious help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Triple Flag Precious has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Triple Flag Precious Metals Corp. Shares Bought by CIBC Asset Management Inc - MarketBeat |
Check out Triple Flag Backtesting, Triple Flag Valuation, Triple Flag Correlation, Triple Flag Hype Analysis, Triple Flag Volatility, Triple Flag History as well as Triple Flag Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Triple Flag. If investors know Triple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Triple Flag listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.005 | Dividend Share 0.213 | Earnings Share (0.27) | Revenue Per Share 1.224 | Quarterly Revenue Growth 0.491 |
The market value of Triple Flag Precious is measured differently than its book value, which is the value of Triple that is recorded on the company's balance sheet. Investors also form their own opinion of Triple Flag's value that differs from its market value or its book value, called intrinsic value, which is Triple Flag's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Triple Flag's market value can be influenced by many factors that don't directly affect Triple Flag's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.