Talga Group (Germany) Probability of Future Stock Price Finishing Over 0.27
| TGX Stock | 0.28 0.01 3.45% |
Talga |
Talga Group Target Price Odds to finish over 0.27
The tendency of Talga 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 stay above 0.27 in 90 days |
| 0.28 | 90 days | 0.27 | about 39.8 |
Based on a normal probability distribution, the odds of Talga Group to stay above 0.27 in 90 days from now is about 39.8 (This Talga Group probability density function shows the probability of Talga Stock to fall within a particular range of prices over 90 days) . Probability of Talga Group price to stay between 0.27 and its current price of 0.28 at the end of the 90-day period is about 9.54 .
Assuming the 90 days trading horizon Talga Group has a beta of -1.84. This usually implies as returns on its benchmark rise, returns on holding Talga Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Talga Group is expected to outperform its benchmark. Additionally Talga Group has an alpha of 0.666, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Talga Group Price Density |
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Predictive Modules for Talga Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Talga Group. 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 Talga Group'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.
Talga Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Talga Group is not an exception. The market had few large corrections towards the Talga Group'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 Talga Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Talga Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | -1.84 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.03 |
Talga Group 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 Talga Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Talga Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Talga Group had very high historical volatility over the last 90 days | |
| Talga Group has some characteristics of a very speculative penny stock |
Talga Group Technical Analysis
Talga Group's future price can be derived by breaking down and analyzing its technical indicators over time. Talga Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Talga Group. In general, you should focus on analyzing Talga Stock price patterns and their correlations with different microeconomic environments and drivers.
Talga Group Predictive Forecast Models
Talga Group's time-series forecasting models is one of many Talga Group'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 Talga Group'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 Talga Group
Checking the ongoing alerts about Talga Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Talga Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Talga Group had very high historical volatility over the last 90 days | |
| Talga Group has some characteristics of a very speculative penny stock |
Additional Tools for Talga Stock Analysis
When running Talga Group's price analysis, check to measure Talga Group'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 Talga Group is operating at the current time. Most of Talga Group's value examination focuses on studying past and present price action to predict the probability of Talga Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talga Group's price. Additionally, you may evaluate how the addition of Talga Group to your portfolios can decrease your overall portfolio volatility.