Trugolf Stock Odds of Future Stock Price Finishing Over 21.43
| TRUG Stock | 0.45 0.01 1.30% |
Trugolf |
Trugolf Target Price Odds to finish over 21.43
The tendency of Trugolf 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 over 21.43 or more in 90 days |
| 0.45 | 90 days | 21.43 | close to zero percent |
Based on a normal probability distribution, the odds of Trugolf to move over 21.43 or more in 90 days from now is close to zero percent (This Trugolf probability density function shows the probability of Trugolf Stock to fall within a particular range of prices over 90 days) . Probability of Trugolf price to stay between its current price of 0.45 and 21.43 at the end of the 90-day period is about 88.49 .
Given the investment horizon of 90 days Trugolf has a beta of 0.13. This usually implies as returns on the market go up, Trugolf average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Trugolf will be expected to be much smaller as well. Additionally Trugolf 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. Trugolf Price Density |
| Price |
Predictive Modules for Trugolf
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trugolf. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trugolf'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.
Trugolf Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trugolf is not an exception. The market had few large corrections towards the Trugolf'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 Trugolf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trugolf within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.02 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.17 |
Trugolf 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 Trugolf for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trugolf can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trugolf generated a negative expected return over the last 90 days | |
| Trugolf has high historical volatility and very poor performance | |
| Trugolf has some characteristics of a very speculative penny stock | |
| Trugolf has high likelihood to experience some financial distress in the next 2 years | |
| Trugolf was previously known as Deep Medicine Acquisition and was traded on NASDAQ Exchange under the symbol DMAQ. | |
| The company reported the previous year's revenue of 20.58 M. Net Loss for the year was (10.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Trugolf generates negative cash flow from operations | |
| Trugolf has a frail financial position based on the latest SEC disclosures | |
| About 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Analyzing TruGolf Its Peers |
Trugolf 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 Trugolf Stock often depends not only on the future outlook of the current and potential Trugolf'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. Trugolf's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.4 M | |
| Cash And Short Term Investments | 5.8 M |
Trugolf Technical Analysis
Trugolf's future price can be derived by breaking down and analyzing its technical indicators over time. Trugolf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trugolf. In general, you should focus on analyzing Trugolf Stock price patterns and their correlations with different microeconomic environments and drivers.
Trugolf Predictive Forecast Models
Trugolf's time-series forecasting models is one of many Trugolf'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 Trugolf'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 Trugolf
Checking the ongoing alerts about Trugolf for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trugolf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trugolf generated a negative expected return over the last 90 days | |
| Trugolf has high historical volatility and very poor performance | |
| Trugolf has some characteristics of a very speculative penny stock | |
| Trugolf has high likelihood to experience some financial distress in the next 2 years | |
| Trugolf was previously known as Deep Medicine Acquisition and was traded on NASDAQ Exchange under the symbol DMAQ. | |
| The company reported the previous year's revenue of 20.58 M. Net Loss for the year was (10.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Trugolf generates negative cash flow from operations | |
| Trugolf has a frail financial position based on the latest SEC disclosures | |
| About 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Analyzing TruGolf Its Peers |
Check out Trugolf Backtesting, Trugolf Valuation, Trugolf Correlation, Trugolf Hype Analysis, Trugolf Volatility, Trugolf History as well as Trugolf Performance. For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Interactive Home Entertainment 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 Trugolf. If investors know Trugolf 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 Trugolf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 1.442 | Quarterly Revenue Growth (0.27) | Return On Assets (0.23) |
The market value of Trugolf is measured differently than its book value, which is the value of Trugolf that is recorded on the company's balance sheet. Investors also form their own opinion of Trugolf's value that differs from its market value or its book value, called intrinsic value, which is Trugolf'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 Trugolf's market value can be influenced by many factors that don't directly affect Trugolf'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 Trugolf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trugolf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trugolf'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.