Thermal Energy International Stock Probability of Future Stock Price Finishing Over 0.19
| TMG Stock | CAD 0.20 0.01 5.26% |
Thermal |
Thermal Energy Target Price Odds to finish over 0.19
The tendency of Thermal 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 C$ 0.19 in 90 days |
| 0.20 | 90 days | 0.19 | over 95.68 |
Based on a normal probability distribution, the odds of Thermal Energy to stay above C$ 0.19 in 90 days from now is over 95.68 (This Thermal Energy International probability density function shows the probability of Thermal Stock to fall within a particular range of prices over 90 days) . Probability of Thermal Energy Inter price to stay between C$ 0.19 and its current price of C$0.2 at the end of the 90-day period is about 8.33 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.31 . 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, Thermal Energy will likely underperform. Additionally Thermal Energy 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. Thermal Energy Price Density |
| Price |
Predictive Modules for Thermal Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thermal Energy Inter. 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.Thermal Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thermal Energy is not an exception. The market had few large corrections towards the Thermal Energy'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 Thermal Energy International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thermal Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 1.31 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.04 |
Thermal Energy 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 Thermal Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thermal Energy Inter can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thermal Energy Inter generated a negative expected return over the last 90 days | |
| Thermal Energy Inter has some characteristics of a very speculative penny stock | |
| Thermal Energy Inter has high historical volatility and very poor performance | |
| Thermal Energy Inter has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thermal Energy International has accumulated 921.02 K in total debt with debt to equity ratio (D/E) of 88.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thermal Energy Inter has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thermal Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Thermal Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thermal Energy Inter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thermal to invest in growth at high rates of return. When we think about Thermal Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Thermal Energy International to Present at November 21st Virtual Investor Summit Microcap Event - Yahoo Finance |
Thermal Energy 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 Thermal Stock often depends not only on the future outlook of the current and potential Thermal Energy'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. Thermal Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 172.7 M |
Thermal Energy Technical Analysis
Thermal Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Thermal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thermal Energy International. In general, you should focus on analyzing Thermal Stock price patterns and their correlations with different microeconomic environments and drivers.
Thermal Energy Predictive Forecast Models
Thermal Energy's time-series forecasting models is one of many Thermal Energy'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 Thermal Energy'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 Thermal Energy Inter
Checking the ongoing alerts about Thermal Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thermal Energy Inter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thermal Energy Inter generated a negative expected return over the last 90 days | |
| Thermal Energy Inter has some characteristics of a very speculative penny stock | |
| Thermal Energy Inter has high historical volatility and very poor performance | |
| Thermal Energy Inter has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thermal Energy International has accumulated 921.02 K in total debt with debt to equity ratio (D/E) of 88.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thermal Energy Inter has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thermal Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Thermal Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thermal Energy Inter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thermal to invest in growth at high rates of return. When we think about Thermal Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Thermal Energy International to Present at November 21st Virtual Investor Summit Microcap Event - Yahoo Finance |
Additional Tools for Thermal Stock Analysis
When running Thermal Energy's price analysis, check to measure Thermal Energy'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 Thermal Energy is operating at the current time. Most of Thermal Energy's value examination focuses on studying past and present price action to predict the probability of Thermal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermal Energy's price. Additionally, you may evaluate how the addition of Thermal Energy to your portfolios can decrease your overall portfolio volatility.