True Games (Poland) Probability of Future Stock Price Finishing Over 0.55
| TGS Stock | 0.48 0.00 0.00% |
True |
True Games Target Price Odds to finish over 0.55
The tendency of True 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 over 0.55 or more in 90 days |
| 0.48 | 90 days | 0.55 | about 63.84 |
Based on a normal probability distribution, the odds of True Games to move over 0.55 or more in 90 days from now is about 63.84 (This True Games Syndicate probability density function shows the probability of True Stock to fall within a particular range of prices over 90 days) . Probability of True Games Syndicate price to stay between its current price of 0.48 and 0.55 at the end of the 90-day period is about 24.27 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.82 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, True Games will likely underperform. Additionally True Games Syndicate 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. True Games Price Density |
| Price |
Predictive Modules for True 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 True Games Syndicate. 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 True Games' 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.
True Games Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. True Games is not an exception. The market had few large corrections towards the True Games' 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 True Games Syndicate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of True Games within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.53 | |
β | Beta against Dow Jones | 1.82 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.09 |
True 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 True Games for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for True Games Syndicate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| True Games Syndicate generated a negative expected return over the last 90 days | |
| True Games Syndicate has some characteristics of a very speculative penny stock | |
| True Games Syndicate has high historical volatility and very poor performance |
True Games Technical Analysis
True Games' future price can be derived by breaking down and analyzing its technical indicators over time. True Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of True Games Syndicate. In general, you should focus on analyzing True Stock price patterns and their correlations with different microeconomic environments and drivers.
True Games Predictive Forecast Models
True Games' time-series forecasting models is one of many True Games' 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 True Games' 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 True Games Syndicate
Checking the ongoing alerts about True Games for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for True Games Syndicate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| True Games Syndicate generated a negative expected return over the last 90 days | |
| True Games Syndicate has some characteristics of a very speculative penny stock | |
| True Games Syndicate has high historical volatility and very poor performance |
Additional Tools for True Stock Analysis
When running True Games' price analysis, check to measure True Games' 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 True Games is operating at the current time. Most of True Games' value examination focuses on studying past and present price action to predict the probability of True Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True Games' price. Additionally, you may evaluate how the addition of True Games to your portfolios can decrease your overall portfolio volatility.