TGS-NOPEC GEOPHYSIC (Germany) Probability of Future Stock Price Finishing Under 8.38
| TGC Stock | 9.32 0.01 0.11% |
TGS-NOPEC |
TGS-NOPEC GEOPHYSIC Target Price Odds to finish below 8.38
The tendency of TGS-NOPEC 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 8.38 or more in 90 days |
| 9.32 | 90 days | 8.38 | about 77.67 |
Based on a normal probability distribution, the odds of TGS-NOPEC GEOPHYSIC to drop to 8.38 or more in 90 days from now is about 77.67 (This TGS NOPEC GEOPHYSIC probability density function shows the probability of TGS-NOPEC Stock to fall within a particular range of prices over 90 days) . Probability of TGS NOPEC GEOPHYSIC price to stay between 8.38 and its current price of 9.32 at the end of the 90-day period is about 19.15 .
Assuming the 90 days trading horizon TGS NOPEC GEOPHYSIC has a beta of -0.17. This usually implies as returns on the benchmark increase, returns on holding TGS-NOPEC GEOPHYSIC are expected to decrease at a much lower rate. During a bear market, however, TGS NOPEC GEOPHYSIC is likely to outperform the market. Additionally TGS NOPEC GEOPHYSIC has an alpha of 0.0699, implying that it can generate a 0.0699 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TGS-NOPEC GEOPHYSIC Price Density |
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Predictive Modules for TGS-NOPEC GEOPHYSIC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TGS NOPEC GEOPHYSIC. 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 TGS-NOPEC GEOPHYSIC'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.
TGS-NOPEC GEOPHYSIC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TGS-NOPEC GEOPHYSIC is not an exception. The market had few large corrections towards the TGS-NOPEC GEOPHYSIC'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 TGS NOPEC GEOPHYSIC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TGS-NOPEC GEOPHYSIC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.02 |
TGS-NOPEC GEOPHYSIC 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 TGS-NOPEC GEOPHYSIC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TGS NOPEC GEOPHYSIC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TGS NOPEC GEOPHYSIC had very high historical volatility over the last 90 days |
TGS-NOPEC GEOPHYSIC Technical Analysis
TGS-NOPEC GEOPHYSIC's future price can be derived by breaking down and analyzing its technical indicators over time. TGS-NOPEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TGS NOPEC GEOPHYSIC. In general, you should focus on analyzing TGS-NOPEC Stock price patterns and their correlations with different microeconomic environments and drivers.
TGS-NOPEC GEOPHYSIC Predictive Forecast Models
TGS-NOPEC GEOPHYSIC's time-series forecasting models is one of many TGS-NOPEC GEOPHYSIC'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 TGS-NOPEC GEOPHYSIC'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 TGS NOPEC GEOPHYSIC
Checking the ongoing alerts about TGS-NOPEC GEOPHYSIC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TGS NOPEC GEOPHYSIC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TGS NOPEC GEOPHYSIC had very high historical volatility over the last 90 days |
Additional Tools for TGS-NOPEC Stock Analysis
When running TGS-NOPEC GEOPHYSIC's price analysis, check to measure TGS-NOPEC GEOPHYSIC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TGS-NOPEC GEOPHYSIC is operating at the current time. Most of TGS-NOPEC GEOPHYSIC's value examination focuses on studying past and present price action to predict the probability of TGS-NOPEC GEOPHYSIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS-NOPEC GEOPHYSIC's price. Additionally, you may evaluate how the addition of TGS-NOPEC GEOPHYSIC to your portfolios can decrease your overall portfolio volatility.