Transat At Stock Probability of Future Stock Price Finishing Over 4.25
| TRZ Stock | CAD 1.81 0.01 0.56% |
Transat |
Transat AT Target Price Odds to finish over 4.25
The tendency of Transat 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 C$ 4.25 or more in 90 days |
| 1.81 | 90 days | 4.25 | close to zero percent |
Based on a normal probability distribution, the odds of Transat AT to move over C$ 4.25 or more in 90 days from now is close to zero percent (This Transat AT probability density function shows the probability of Transat Stock to fall within a particular range of prices over 90 days) . Probability of Transat AT price to stay between its current price of C$ 1.81 and C$ 4.25 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon Transat AT has a beta of 0.0654. This usually implies as returns on the market go up, Transat AT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Transat AT will be expected to be much smaller as well. Additionally Transat AT 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. Transat AT Price Density |
| Price |
Predictive Modules for Transat AT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transat AT. 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.Transat AT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transat AT is not an exception. The market had few large corrections towards the Transat AT'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 Transat AT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transat AT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.06 |
Transat AT 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 Transat AT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transat AT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Transat AT generated a negative expected return over the last 90 days | |
| Transat AT may become a speculative penny stock | |
| Transat AT has accumulated 1.89 B in total debt with debt to equity ratio (D/E) of 3.09, implying the company greatly relies on financing operations through barrowing. Transat AT has a current ratio of 0.91, 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 Transat AT until it has trouble settling it off, either with new capital or with free cash flow. So, Transat AT'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 Transat AT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transat to invest in growth at high rates of return. When we think about Transat AT's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.05 B. Net Loss for the year was (25.29 M) with profit before overhead, payroll, taxes, and interest of 36.77 M. | |
| Latest headline from news.google.com: Transat A.T. Stock Price Passes Below Fifty Day Moving Average - Heres Why - MarketBeat |
Transat AT 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 Transat Stock often depends not only on the future outlook of the current and potential Transat AT'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. Transat AT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.3 M | |
| Cash And Short Term Investments | 435.6 M |
Transat AT Technical Analysis
Transat AT's future price can be derived by breaking down and analyzing its technical indicators over time. Transat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transat AT. In general, you should focus on analyzing Transat Stock price patterns and their correlations with different microeconomic environments and drivers.
Transat AT Predictive Forecast Models
Transat AT's time-series forecasting models is one of many Transat AT'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 Transat AT'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 Transat AT
Checking the ongoing alerts about Transat AT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transat AT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Transat AT generated a negative expected return over the last 90 days | |
| Transat AT may become a speculative penny stock | |
| Transat AT has accumulated 1.89 B in total debt with debt to equity ratio (D/E) of 3.09, implying the company greatly relies on financing operations through barrowing. Transat AT has a current ratio of 0.91, 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 Transat AT until it has trouble settling it off, either with new capital or with free cash flow. So, Transat AT'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 Transat AT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transat to invest in growth at high rates of return. When we think about Transat AT's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.05 B. Net Loss for the year was (25.29 M) with profit before overhead, payroll, taxes, and interest of 36.77 M. | |
| Latest headline from news.google.com: Transat A.T. Stock Price Passes Below Fifty Day Moving Average - Heres Why - MarketBeat |
Other Information on Investing in Transat Stock
Transat AT financial ratios help investors to determine whether Transat 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 Transat with respect to the benefits of owning Transat AT security.