Telus International Stock Probability of Future Stock Price Finishing Over 15.31
| TIXT Stock | USD 3.74 0.12 3.11% |
TELUS |
TELUS International Target Price Odds to finish over 15.31
The tendency of TELUS 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 $ 15.31 or more in 90 days |
| 3.74 | 90 days | 15.31 | close to zero percent |
Based on a normal probability distribution, the odds of TELUS International to move over $ 15.31 or more in 90 days from now is close to zero percent (This TELUS International probability density function shows the probability of TELUS Stock to fall within a particular range of prices over 90 days) . Probability of TELUS International price to stay between its current price of $ 3.74 and $ 15.31 at the end of the 90-day period is about 44.7 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.83 . 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, TELUS International will likely underperform. Additionally TELUS International 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. TELUS International Price Density |
| Price |
Predictive Modules for TELUS International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TELUS International. 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 TELUS International'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.
TELUS International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TELUS International is not an exception. The market had few large corrections towards the TELUS International'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 TELUS International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TELUS International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.83 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.02 |
TELUS International 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 TELUS International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TELUS International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TELUS International had very high historical volatility over the last 90 days | |
| TELUS International has high likelihood to experience some financial distress in the next 2 years | |
| TELUS International currently holds 1.75 B in liabilities with Debt to Equity (D/E) ratio of 0.62, which is about average as compared to similar companies. TELUS International has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about TELUS International's use of debt, we should always consider it together with its cash and equity. | |
| About 39.0% of TELUS International outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: President of TELUS Digital Solutions Willow Tree of TELUS International Tobias Dengel Buys 4.7 percent More Shares |
TELUS International 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 TELUS Stock often depends not only on the future outlook of the current and potential TELUS International'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. TELUS International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 286 M | |
| Cash And Short Term Investments | 131 M |
TELUS International Technical Analysis
TELUS International's future price can be derived by breaking down and analyzing its technical indicators over time. TELUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TELUS International. In general, you should focus on analyzing TELUS Stock price patterns and their correlations with different microeconomic environments and drivers.
TELUS International Predictive Forecast Models
TELUS International's time-series forecasting models is one of many TELUS International'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 TELUS International'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 TELUS International
Checking the ongoing alerts about TELUS International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TELUS International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TELUS International had very high historical volatility over the last 90 days | |
| TELUS International has high likelihood to experience some financial distress in the next 2 years | |
| TELUS International currently holds 1.75 B in liabilities with Debt to Equity (D/E) ratio of 0.62, which is about average as compared to similar companies. TELUS International has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about TELUS International's use of debt, we should always consider it together with its cash and equity. | |
| About 39.0% of TELUS International outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: President of TELUS Digital Solutions Willow Tree of TELUS International Tobias Dengel Buys 4.7 percent More Shares |
Additional Tools for TELUS Stock Analysis
When running TELUS International's price analysis, check to measure TELUS International'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 TELUS International is operating at the current time. Most of TELUS International's value examination focuses on studying past and present price action to predict the probability of TELUS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELUS International's price. Additionally, you may evaluate how the addition of TELUS International to your portfolios can decrease your overall portfolio volatility.