Toro (Germany) Chance of Future Stock Price Finishing Over 84.04

TO2 Stock  EUR 80.94  0.32  0.40%   
Toro's future price is the expected price of Toro instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Toro Co performance during a given time horizon utilizing its historical volatility. Check out Toro Backtesting, Toro Valuation, Toro Correlation, Toro Hype Analysis, Toro Volatility, Toro History as well as Toro Performance.
For more detail on how to invest in Toro Stock please use our How to Invest in Toro guide.
  
Please specify Toro's target price for which you would like Toro odds to be computed.

Toro Target Price Odds to finish over 84.04

The tendency of Toro 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 PriceHorizonTarget PriceOdds to move over € 84.04  or more in 90 days
 80.94 90 days 84.04 
near 1
Based on a normal probability distribution, the odds of Toro to move over € 84.04  or more in 90 days from now is near 1 (This Toro Co probability density function shows the probability of Toro Stock to fall within a particular range of prices over 90 days) . Probability of Toro price to stay between its current price of € 80.94  and € 84.04  at the end of the 90-day period is about 6.81 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.39 . 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, Toro will likely underperform. Additionally Toro Co 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.
   Toro Price Density   
       Price  

Predictive Modules for Toro

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Toro. 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.
Hype
Prediction
LowEstimatedHigh
0.000.001.87
Details
Intrinsic
Valuation
LowRealHigh
0.9719.4721.34
Details
Naive
Forecast
LowNextHigh
78.5080.3782.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.7479.8383.91
Details

Toro Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Toro is not an exception. The market had few large corrections towards the Toro'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 Toro Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Toro within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0004
β
Beta against Dow Jones1.39
σ
Overall volatility
2.73
Ir
Information ratio 0.02

Toro 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 Toro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Toro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Toro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 88.0% of the company shares are owned by institutional investors

Toro 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 Toro Stock often depends not only on the future outlook of the current and potential Toro'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. Toro's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding104 M

Toro Technical Analysis

Toro's future price can be derived by breaking down and analyzing its technical indicators over time. Toro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Toro Co. In general, you should focus on analyzing Toro Stock price patterns and their correlations with different microeconomic environments and drivers.

Toro Predictive Forecast Models

Toro's time-series forecasting models is one of many Toro'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 Toro'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 Toro

Checking the ongoing alerts about Toro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Toro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Toro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 88.0% of the company shares are owned by institutional investors

Additional Information and Resources on Investing in Toro Stock

When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out Toro Backtesting, Toro Valuation, Toro Correlation, Toro Hype Analysis, Toro Volatility, Toro History as well as Toro Performance.
For more detail on how to invest in Toro Stock please use our How to Invest in Toro guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro'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.