Tubacex SA (Spain) Probability of Future Stock Price Finishing Under 3.42
| TUB Stock | EUR 3.44 0.04 1.18% |
Tubacex |
Tubacex SA Target Price Odds to finish below 3.42
The tendency of Tubacex 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 drop to € 3.42 or more in 90 days |
| 3.44 | 90 days | 3.42 | about 78.44 |
Based on a normal probability distribution, the odds of Tubacex SA to drop to € 3.42 or more in 90 days from now is about 78.44 (This Tubacex SA probability density function shows the probability of Tubacex Stock to fall within a particular range of prices over 90 days) . Probability of Tubacex SA price to stay between € 3.42 and its current price of €3.44 at the end of the 90-day period is roughly 2.35 .
Assuming the 90 days trading horizon Tubacex SA has a beta of -0.24. This usually implies as returns on the benchmark increase, returns on holding Tubacex SA are expected to decrease at a much lower rate. During a bear market, however, Tubacex SA is likely to outperform the market. Additionally Tubacex SA has an alpha of 0.2749, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tubacex SA Price Density |
| Price |
Predictive Modules for Tubacex SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tubacex 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.Tubacex SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tubacex SA is not an exception. The market had few large corrections towards the Tubacex SA'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 Tubacex SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tubacex SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | 0.06 |
Tubacex SA 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 Tubacex SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tubacex 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.| Tubacex SA has high likelihood to experience some financial distress in the next 2 years | |
| Tubacex SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 341.86 M. Net Loss for the year was (32.21 M) with profit before overhead, payroll, taxes, and interest of 170.17 M. | |
| Tubacex SA has accumulated about 159.1 M in cash with (23.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Tubacex SA 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 Tubacex Stock often depends not only on the future outlook of the current and potential Tubacex SA'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. Tubacex SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123.2 M |
Tubacex SA Technical Analysis
Tubacex SA's future price can be derived by breaking down and analyzing its technical indicators over time. Tubacex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tubacex SA. In general, you should focus on analyzing Tubacex Stock price patterns and their correlations with different microeconomic environments and drivers.
Tubacex SA Predictive Forecast Models
Tubacex SA's time-series forecasting models is one of many Tubacex SA'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 Tubacex SA'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 Tubacex SA
Checking the ongoing alerts about Tubacex SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tubacex SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tubacex SA has high likelihood to experience some financial distress in the next 2 years | |
| Tubacex SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 341.86 M. Net Loss for the year was (32.21 M) with profit before overhead, payroll, taxes, and interest of 170.17 M. | |
| Tubacex SA has accumulated about 159.1 M in cash with (23.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tubacex Stock
Tubacex SA financial ratios help investors to determine whether Tubacex 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 Tubacex with respect to the benefits of owning Tubacex SA security.