Treasure Global Stock Probability of Future Stock Price Finishing Over 0.42
| TGL Stock | USD 0.42 0.09 27.27% |
Treasure |
Treasure Global Target Price Odds to finish over 0.42
The tendency of Treasure 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 move above the current price in 90 days |
| 0.42 | 90 days | 0.42 | about 85.8 |
Based on a normal probability distribution, the odds of Treasure Global to move above the current price in 90 days from now is about 85.8 (This Treasure Global probability density function shows the probability of Treasure Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Treasure Global has a beta of 0.89. This usually implies Treasure Global market returns are very sensitive to returns on the market. As the market goes up or down, Treasure Global is expected to follow. Additionally Treasure Global 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. Treasure Global Price Density |
| Price |
Predictive Modules for Treasure Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Treasure Global. 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.Treasure Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Treasure Global is not an exception. The market had few large corrections towards the Treasure Global'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 Treasure Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Treasure Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.96 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.08 |
Treasure Global 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 Treasure Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Treasure Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Treasure Global generated a negative expected return over the last 90 days | |
| Treasure Global has high historical volatility and very poor performance | |
| Treasure Global has some characteristics of a very speculative penny stock | |
| Treasure Global has 64.71 K in debt. Treasure Global has a current ratio of 0.23, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Treasure to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 22.07 M. Reported Net Loss for the year was (6.59 M) with profit before taxes, overhead, and interest of 523.28 K. | |
| Treasure Global has about 1.54 M in cash with (4.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Latest headline from investing.com: Treasure Global Inc Faces Nasdaq Delisting Over Share Price |
Treasure Global 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 Treasure Stock often depends not only on the future outlook of the current and potential Treasure Global'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. Treasure Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 858.7 K | |
| Cash And Short Term Investments | 371.6 K |
Treasure Global Technical Analysis
Treasure Global's future price can be derived by breaking down and analyzing its technical indicators over time. Treasure Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Treasure Global. In general, you should focus on analyzing Treasure Stock price patterns and their correlations with different microeconomic environments and drivers.
Treasure Global Predictive Forecast Models
Treasure Global's time-series forecasting models is one of many Treasure Global'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 Treasure Global'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 Treasure Global
Checking the ongoing alerts about Treasure Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Treasure Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Treasure Global generated a negative expected return over the last 90 days | |
| Treasure Global has high historical volatility and very poor performance | |
| Treasure Global has some characteristics of a very speculative penny stock | |
| Treasure Global has 64.71 K in debt. Treasure Global has a current ratio of 0.23, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Treasure to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 22.07 M. Reported Net Loss for the year was (6.59 M) with profit before taxes, overhead, and interest of 523.28 K. | |
| Treasure Global has about 1.54 M in cash with (4.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Latest headline from investing.com: Treasure Global Inc Faces Nasdaq Delisting Over Share Price |
Check out Treasure Global Backtesting, Treasure Global Valuation, Treasure Global Correlation, Treasure Global Hype Analysis, Treasure Global Volatility, Treasure Global History as well as Treasure Global Performance. For more information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software 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 Treasure Global. If investors know Treasure 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 Treasure Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share 25.699 | Quarterly Revenue Growth (0.98) | Return On Assets (0.71) | Return On Equity (4.05) |
The market value of Treasure Global is measured differently than its book value, which is the value of Treasure that is recorded on the company's balance sheet. Investors also form their own opinion of Treasure Global's value that differs from its market value or its book value, called intrinsic value, which is Treasure Global'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 Treasure Global's market value can be influenced by many factors that don't directly affect Treasure Global'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 Treasure Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treasure Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treasure Global'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.