Grupo TMM (Mexico) Probability of Future Stock Price Finishing Under 1.61
| TMMA Stock | MXN 5.15 0.04 0.77% |
Grupo |
Grupo TMM Target Price Odds to finish below 1.61
The tendency of Grupo 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 drop to 1.61 or more in 90 days |
| 5.15 | 90 days | 1.61 | near 1 |
Based on a normal probability distribution, the odds of Grupo TMM to drop to 1.61 or more in 90 days from now is near 1 (This Grupo TMM SAB probability density function shows the probability of Grupo Stock to fall within a particular range of prices over 90 days) . Probability of Grupo TMM SAB price to stay between 1.61 and its current price of 5.15 at the end of the 90-day period is about 86.96 .
Assuming the 90 days trading horizon Grupo TMM SAB has a beta of -0.6. This usually implies as returns on the benchmark increase, returns on holding Grupo TMM are expected to decrease at a much lower rate. During a bear market, however, Grupo TMM SAB is likely to outperform the market. Additionally Grupo TMM SAB has an alpha of 0.6124, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Grupo TMM Price Density |
| Price |
Predictive Modules for Grupo TMM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo TMM SAB. 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.Grupo TMM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grupo TMM is not an exception. The market had few large corrections towards the Grupo TMM'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 Grupo TMM SAB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grupo TMM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | 0.12 |
Grupo TMM 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 Grupo TMM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grupo TMM SAB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grupo TMM SAB had very high historical volatility over the last 90 days | |
| Grupo TMM SAB has accumulated 65.6 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Grupo TMM SAB has a current ratio of 0.77, 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 Grupo TMM until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo TMM'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 Grupo TMM SAB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo TMM's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.36 B. Net Loss for the year was (242.57 M) with profit before overhead, payroll, taxes, and interest of 93.32 M. | |
| Grupo TMM SAB has accumulated about 115.46 M in cash with (78.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.65, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of Grupo TMM outstanding shares are owned by corporate insiders |
Grupo TMM 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 Grupo Stock often depends not only on the future outlook of the current and potential Grupo TMM'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. Grupo TMM's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 102.2 M |
Grupo TMM Technical Analysis
Grupo TMM's future price can be derived by breaking down and analyzing its technical indicators over time. Grupo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grupo TMM SAB. In general, you should focus on analyzing Grupo Stock price patterns and their correlations with different microeconomic environments and drivers.
Grupo TMM Predictive Forecast Models
Grupo TMM's time-series forecasting models is one of many Grupo TMM'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 Grupo TMM'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 Grupo TMM SAB
Checking the ongoing alerts about Grupo TMM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grupo TMM SAB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grupo TMM SAB had very high historical volatility over the last 90 days | |
| Grupo TMM SAB has accumulated 65.6 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Grupo TMM SAB has a current ratio of 0.77, 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 Grupo TMM until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo TMM'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 Grupo TMM SAB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo TMM's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.36 B. Net Loss for the year was (242.57 M) with profit before overhead, payroll, taxes, and interest of 93.32 M. | |
| Grupo TMM SAB has accumulated about 115.46 M in cash with (78.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.65, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of Grupo TMM outstanding shares are owned by corporate insiders |
Additional Tools for Grupo Stock Analysis
When running Grupo TMM's price analysis, check to measure Grupo TMM'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 Grupo TMM is operating at the current time. Most of Grupo TMM's value examination focuses on studying past and present price action to predict the probability of Grupo TMM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo TMM's price. Additionally, you may evaluate how the addition of Grupo TMM to your portfolios can decrease your overall portfolio volatility.