TROPHY GAMES (Denmark) Probability of Future Stock Price Finishing Under 4.67
| TGAMES Stock | DKK 7.25 0.35 5.07% |
TROPHY |
TROPHY GAMES Target Price Odds to finish below 4.67
The tendency of TROPHY 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 kr 4.67 or more in 90 days |
| 7.25 | 90 days | 4.67 | near 1 |
Based on a normal probability distribution, the odds of TROPHY GAMES to drop to kr 4.67 or more in 90 days from now is near 1 (This TROPHY GAMES Development probability density function shows the probability of TROPHY Stock to fall within a particular range of prices over 90 days) . Probability of TROPHY GAMES Development price to stay between kr 4.67 and its current price of kr7.25 at the end of the 90-day period is about 18.47 .
Assuming the 90 days trading horizon TROPHY GAMES Development has a beta of -0.0414. This usually implies as returns on the benchmark increase, returns on holding TROPHY GAMES are expected to decrease at a much lower rate. During a bear market, however, TROPHY GAMES Development is likely to outperform the market. Additionally TROPHY GAMES Development has an alpha of 0.0924, implying that it can generate a 0.0924 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TROPHY GAMES Price Density |
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Predictive Modules for TROPHY GAMES
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TROPHY GAMES Development. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TROPHY GAMES's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TROPHY GAMES Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TROPHY GAMES is not an exception. The market had few large corrections towards the TROPHY GAMES'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 TROPHY GAMES Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TROPHY GAMES within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.01 |
TROPHY GAMES 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 TROPHY GAMES for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TROPHY GAMES Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TROPHY GAMES has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.65 M. Net Loss for the year was (920 K) with profit before overhead, payroll, taxes, and interest of 8.72 M. |
TROPHY GAMES Technical Analysis
TROPHY GAMES's future price can be derived by breaking down and analyzing its technical indicators over time. TROPHY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TROPHY GAMES Development. In general, you should focus on analyzing TROPHY Stock price patterns and their correlations with different microeconomic environments and drivers.
TROPHY GAMES Predictive Forecast Models
TROPHY GAMES's time-series forecasting models is one of many TROPHY GAMES'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 TROPHY GAMES'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 TROPHY GAMES Development
Checking the ongoing alerts about TROPHY GAMES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TROPHY GAMES Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TROPHY GAMES has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.65 M. Net Loss for the year was (920 K) with profit before overhead, payroll, taxes, and interest of 8.72 M. |
Other Information on Investing in TROPHY Stock
TROPHY GAMES financial ratios help investors to determine whether TROPHY 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 TROPHY with respect to the benefits of owning TROPHY GAMES security.