Empresas Tricot (Chile) Probability of Future Stock Price Finishing Over 432.40
| TRICOT Stock | CLP 432.40 2.40 0.56% |
Empresas |
Empresas Tricot Target Price Odds to finish over 432.40
The tendency of Empresas 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 move above the current price in 90 days |
| 432.40 | 90 days | 432.40 | about 68.69 |
Based on a normal probability distribution, the odds of Empresas Tricot to move above the current price in 90 days from now is about 68.69 (This Empresas Tricot SA probability density function shows the probability of Empresas Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Empresas Tricot has a beta of 0.13. This usually implies as returns on the market go up, Empresas Tricot average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Empresas Tricot SA will be expected to be much smaller as well. Additionally Empresas Tricot SA has an alpha of 0.0309, implying that it can generate a 0.0309 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Empresas Tricot Price Density |
| Price |
Predictive Modules for Empresas Tricot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Empresas Tricot SA. 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.Empresas Tricot Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Empresas Tricot is not an exception. The market had few large corrections towards the Empresas Tricot'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 Empresas Tricot SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Empresas Tricot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 19.16 | |
Ir | Information ratio | -0.05 |
Empresas Tricot 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 Empresas Tricot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Empresas Tricot SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Empresas Tricot SA generated a negative expected return over the last 90 days | |
| Empresas Tricot SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders |
Empresas Tricot 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 Empresas Stock often depends not only on the future outlook of the current and potential Empresas Tricot'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. Empresas Tricot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 428.7 M |
Empresas Tricot Technical Analysis
Empresas Tricot's future price can be derived by breaking down and analyzing its technical indicators over time. Empresas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Empresas Tricot SA. In general, you should focus on analyzing Empresas Stock price patterns and their correlations with different microeconomic environments and drivers.
Empresas Tricot Predictive Forecast Models
Empresas Tricot's time-series forecasting models is one of many Empresas Tricot'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 Empresas Tricot'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 Empresas Tricot SA
Checking the ongoing alerts about Empresas Tricot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Empresas Tricot SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Empresas Tricot SA generated a negative expected return over the last 90 days | |
| Empresas Tricot SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Empresas Stock
Empresas Tricot financial ratios help investors to determine whether Empresas 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 Empresas with respect to the benefits of owning Empresas Tricot security.