Tingo Group Stock Chance of Future Stock Price Finishing Under 1.33
| TIO Stock | 0.01 0.01 54.29% |
Tingo |
Tingo Target Price Odds to finish below 1.33
The tendency of Tingo 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 under 1.33 after 90 days |
| 0.01 | 90 days | 1.33 | close to 99 |
Based on a normal probability distribution, the odds of Tingo to stay under 1.33 after 90 days from now is close to 99 (This Tingo Group probability density function shows the probability of Tingo Stock to fall within a particular range of prices over 90 days) . Probability of Tingo Group price to stay between its current price of 0.01 and 1.33 at the end of the 90-day period is about 77.22 .
Considering the 90-day investment horizon the stock has the beta coefficient of 19.55 . 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, Tingo will likely underperform. In addition to that Tingo Group has an alpha of 50.4987, implying that it can generate a 50.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tingo Price Density |
| Price |
Predictive Modules for Tingo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tingo 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.Tingo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tingo is not an exception. The market had few large corrections towards the Tingo'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 Tingo Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tingo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 50.50 | |
β | Beta against Dow Jones | 19.55 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.17 |
Tingo 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 Tingo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tingo 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.| Tingo Group is way too risky over 90 days horizon | |
| Tingo Group has some characteristics of a very speculative penny stock | |
| Tingo Group appears to be risky and price may revert if volatility continues | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
Tingo 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 Tingo Stock often depends not only on the future outlook of the current and potential Tingo'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. Tingo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.3 M | |
| Cash And Short Term Investments | 500.3 M |
Tingo Technical Analysis
Tingo's future price can be derived by breaking down and analyzing its technical indicators over time. Tingo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tingo Group. In general, you should focus on analyzing Tingo Stock price patterns and their correlations with different microeconomic environments and drivers.
Tingo Predictive Forecast Models
Tingo's time-series forecasting models is one of many Tingo'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 Tingo'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 Tingo Group
Checking the ongoing alerts about Tingo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tingo Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tingo Group is way too risky over 90 days horizon | |
| Tingo Group has some characteristics of a very speculative penny stock | |
| Tingo Group appears to be risky and price may revert if volatility continues | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
Check out Tingo Backtesting, Tingo Valuation, Tingo Correlation, Tingo Hype Analysis, Tingo Volatility, Tingo History as well as Tingo Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components 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 Tingo. If investors know Tingo 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 Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share 15.292 | Quarterly Revenue Growth 41.613 | Return On Assets 0.3485 | Return On Equity 0.4324 |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo'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 Tingo's market value can be influenced by many factors that don't directly affect Tingo'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 Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo'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.