Tungsten West (UK) Probability of Future Stock Price Finishing Over 3.25
| TUN Stock | 3.00 0.25 9.09% |
Tungsten |
Tungsten West Target Price Odds to finish over 3.25
The tendency of Tungsten 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 3.25 or more in 90 days |
| 3.00 | 90 days | 3.25 | about 20.87 |
Based on a normal probability distribution, the odds of Tungsten West to move over 3.25 or more in 90 days from now is about 20.87 (This Tungsten West PLC probability density function shows the probability of Tungsten Stock to fall within a particular range of prices over 90 days) . Probability of Tungsten West PLC price to stay between its current price of 3.00 and 3.25 at the end of the 90-day period is about 23.75 .
Assuming the 90 days trading horizon Tungsten West PLC has a beta of -1.33. This usually implies as returns on its benchmark rise, returns on holding Tungsten West PLC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Tungsten West is expected to outperform its benchmark. Additionally Tungsten West PLC has an alpha of 0.1571, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tungsten West Price Density |
| Price |
Predictive Modules for Tungsten West
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tungsten West PLC. 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.Tungsten West Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tungsten West is not an exception. The market had few large corrections towards the Tungsten West'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 Tungsten West PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tungsten West within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -1.33 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.02 |
Tungsten West 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 Tungsten West for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tungsten West PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tungsten West PLC had very high historical volatility over the last 90 days | |
| Tungsten West PLC has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 722.04 K. Net Loss for the year was (9.7 M) with loss before overhead, payroll, taxes, and interest of (1.36 M). | |
| Tungsten West generates negative cash flow from operations | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Marula Mining PLC Northern Cape Lithium and Tungsten Project Update - Share Talk |
Tungsten West 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 Tungsten Stock often depends not only on the future outlook of the current and potential Tungsten West'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. Tungsten West's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.2 M | |
| Cash And Short Term Investments | 1.6 M |
Tungsten West Technical Analysis
Tungsten West's future price can be derived by breaking down and analyzing its technical indicators over time. Tungsten Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tungsten West PLC. In general, you should focus on analyzing Tungsten Stock price patterns and their correlations with different microeconomic environments and drivers.
Tungsten West Predictive Forecast Models
Tungsten West's time-series forecasting models is one of many Tungsten West'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 Tungsten West'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 Tungsten West PLC
Checking the ongoing alerts about Tungsten West for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tungsten West PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tungsten West PLC had very high historical volatility over the last 90 days | |
| Tungsten West PLC has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 722.04 K. Net Loss for the year was (9.7 M) with loss before overhead, payroll, taxes, and interest of (1.36 M). | |
| Tungsten West generates negative cash flow from operations | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Marula Mining PLC Northern Cape Lithium and Tungsten Project Update - Share Talk |
Other Information on Investing in Tungsten Stock
Tungsten West financial ratios help investors to determine whether Tungsten 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 Tungsten with respect to the benefits of owning Tungsten West security.