THORNEY TECHS (Germany) Probability of Future Stock Price Finishing Under 0.0805
| TTG Stock | EUR 0.08 0.0005 0.62% |
THORNEY |
THORNEY TECHS Target Price Odds to finish below 0.0805
The tendency of THORNEY 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 below current price in 90 days |
| 0.08 | 90 days | 0.08 | about 78.64 |
Based on a normal probability distribution, the odds of THORNEY TECHS to move below current price in 90 days from now is about 78.64 (This THORNEY TECHS LTD probability density function shows the probability of THORNEY Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.45 . 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, THORNEY TECHS will likely underperform. Additionally THORNEY TECHS LTD has an alpha of 0.1997, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). THORNEY TECHS Price Density |
| Price |
Predictive Modules for THORNEY TECHS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THORNEY TECHS LTD. 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.THORNEY TECHS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. THORNEY TECHS is not an exception. The market had few large corrections towards the THORNEY TECHS'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 THORNEY TECHS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of THORNEY TECHS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
THORNEY TECHS 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 THORNEY TECHS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for THORNEY TECHS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| THORNEY TECHS LTD has some characteristics of a very speculative penny stock | |
| THORNEY TECHS LTD had very high historical volatility over the last 90 days | |
| THORNEY TECHS LTD has high likelihood to experience some financial distress in the next 2 years | |
| THORNEY TECHS LTD has accumulated about 123.58 M in cash with (7.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
THORNEY TECHS 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 THORNEY Stock often depends not only on the future outlook of the current and potential THORNEY TECHS'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. THORNEY TECHS's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 204.2 M |
THORNEY TECHS Technical Analysis
THORNEY TECHS's future price can be derived by breaking down and analyzing its technical indicators over time. THORNEY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of THORNEY TECHS LTD. In general, you should focus on analyzing THORNEY Stock price patterns and their correlations with different microeconomic environments and drivers.
THORNEY TECHS Predictive Forecast Models
THORNEY TECHS's time-series forecasting models is one of many THORNEY TECHS'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 THORNEY TECHS'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 THORNEY TECHS LTD
Checking the ongoing alerts about THORNEY TECHS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for THORNEY TECHS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| THORNEY TECHS LTD has some characteristics of a very speculative penny stock | |
| THORNEY TECHS LTD had very high historical volatility over the last 90 days | |
| THORNEY TECHS LTD has high likelihood to experience some financial distress in the next 2 years | |
| THORNEY TECHS LTD has accumulated about 123.58 M in cash with (7.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in THORNEY Stock
THORNEY TECHS financial ratios help investors to determine whether THORNEY 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 THORNEY with respect to the benefits of owning THORNEY TECHS security.