Tutor Perini Stock Probability of Future Stock Price Finishing Over 28.26
| TPC Stock | USD 28.52 0.17 0.59% |
Tutor |
Tutor Perini Target Price Odds to finish over 28.26
The tendency of Tutor 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 $ 28.26 in 90 days |
| 28.52 | 90 days | 28.26 | about 21.14 |
Based on a normal probability distribution, the odds of Tutor Perini to stay above $ 28.26 in 90 days from now is about 21.14 (This Tutor Perini probability density function shows the probability of Tutor Stock to fall within a particular range of prices over 90 days) . Probability of Tutor Perini price to stay between $ 28.26 and its current price of $28.52 at the end of the 90-day period is roughly 2.81 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.28 . 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, Tutor Perini will likely underperform. Additionally Tutor Perini has an alpha of 0.2224, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tutor Perini Price Density |
| Price |
Predictive Modules for Tutor Perini
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tutor Perini. 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.Tutor Perini Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tutor Perini is not an exception. The market had few large corrections towards the Tutor Perini'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 Tutor Perini, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tutor Perini within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 2.28 | |
σ | Overall volatility | 2.57 | |
Ir | Information ratio | 0.1 |
Tutor Perini 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 Tutor Perini for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tutor Perini can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tutor Perini had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 3.88 B. Reported Net Loss for the year was (171.16 M) with profit before taxes, overhead, and interest of 29.61 M. | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 100000 shares by Raymond Oneglia of Tutor Perini at 28.82 subject to Rule 16b-3 |
Tutor Perini 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 Tutor Stock often depends not only on the future outlook of the current and potential Tutor Perini'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. Tutor Perini's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.8 M | |
| Cash And Short Term Investments | 380.6 M |
Tutor Perini Technical Analysis
Tutor Perini's future price can be derived by breaking down and analyzing its technical indicators over time. Tutor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tutor Perini. In general, you should focus on analyzing Tutor Stock price patterns and their correlations with different microeconomic environments and drivers.
Tutor Perini Predictive Forecast Models
Tutor Perini's time-series forecasting models is one of many Tutor Perini'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 Tutor Perini'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 Tutor Perini
Checking the ongoing alerts about Tutor Perini for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tutor Perini help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tutor Perini had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 3.88 B. Reported Net Loss for the year was (171.16 M) with profit before taxes, overhead, and interest of 29.61 M. | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 100000 shares by Raymond Oneglia of Tutor Perini at 28.82 subject to Rule 16b-3 |
Check out Tutor Perini Backtesting, Tutor Perini Valuation, Tutor Perini Correlation, Tutor Perini Hype Analysis, Tutor Perini Volatility, Tutor Perini History as well as Tutor Perini Performance. For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tutor Perini. If investors know Tutor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tutor Perini listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Earnings Share (2.52) | Revenue Per Share 81.985 | Quarterly Revenue Growth 0.021 | Return On Assets (0.01) |
The market value of Tutor Perini is measured differently than its book value, which is the value of Tutor that is recorded on the company's balance sheet. Investors also form their own opinion of Tutor Perini's value that differs from its market value or its book value, called intrinsic value, which is Tutor Perini's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tutor Perini's market value can be influenced by many factors that don't directly affect Tutor Perini's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tutor Perini's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tutor Perini is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tutor Perini'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.