Thermal Energy International Stock Probability of Future OTC Stock Price Finishing Over 0.13
| TMGEF Stock | USD 0.14 0.01 7.69% |
Thermal |
Thermal Energy Target Price Odds to finish over 0.13
The tendency of Thermal OTC 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 $ 0.13 in 90 days |
| 0.14 | 90 days | 0.13 | about 91.32 |
Based on a normal probability distribution, the odds of Thermal Energy to stay above $ 0.13 in 90 days from now is about 91.32 (This Thermal Energy International probability density function shows the probability of Thermal OTC Stock to fall within a particular range of prices over 90 days) . Probability of Thermal Energy Inter price to stay between $ 0.13 and its current price of $0.14 at the end of the 90-day period is about 16.13 .
Assuming the 90 days horizon Thermal Energy International has a beta of -0.0682. This usually implies as returns on the benchmark increase, returns on holding Thermal Energy are expected to decrease at a much lower rate. During a bear market, however, Thermal Energy International is likely to outperform the market. 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 otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Thermal Energy'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.
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 | -0.37 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.1 |
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 high historical volatility and very poor performance | |
| Thermal Energy Inter has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 15.91 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 6.73 M. | |
| Thermal Energy International has accumulated about 2.32 M in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
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 OTC 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 | 164.1 M |
Thermal Energy Technical Analysis
Thermal Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Thermal OTC 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 OTC 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 otc 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 otc 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 high historical volatility and very poor performance | |
| Thermal Energy Inter has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 15.91 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 6.73 M. | |
| Thermal Energy International has accumulated about 2.32 M in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in Thermal OTC Stock
Thermal Energy financial ratios help investors to determine whether Thermal OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thermal with respect to the benefits of owning Thermal Energy security.