Tupy SA (Brazil) Odds of Future Stock Price Finishing Over 21.86
| TUPY3 Stock | BRL 20.68 0.79 3.68% |
Tupy |
Tupy SA Target Price Odds to finish over 21.86
The tendency of Tupy 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 R$ 21.86 or more in 90 days |
| 20.68 | 90 days | 21.86 | more than 94.0 |
Based on a normal probability distribution, the odds of Tupy SA to move over R$ 21.86 or more in 90 days from now is more than 94.0 (This Tupy SA probability density function shows the probability of Tupy Stock to fall within a particular range of prices over 90 days) . Probability of Tupy SA price to stay between its current price of R$ 20.68 and R$ 21.86 at the end of the 90-day period is nearly 4.76 .
Assuming the 90 days trading horizon Tupy SA has a beta of 0.16. This usually implies as returns on the market go up, Tupy SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tupy SA will be expected to be much smaller as well. Additionally Tupy SA 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. Tupy SA Price Density |
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Predictive Modules for Tupy 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 Tupy 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.Tupy SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tupy SA is not an exception. The market had few large corrections towards the Tupy 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 Tupy SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tupy SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.32 |
Tupy 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 Tupy SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tupy 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.| Tupy SA generated a negative expected return over the last 90 days | |
| About 58.0% of the company shares are owned by institutional investors |
Tupy 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 Tupy Stock often depends not only on the future outlook of the current and potential Tupy 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. Tupy SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 145.1 M | |
| Cash And Short Term Investments | 1.3 B |
Tupy SA Technical Analysis
Tupy SA's future price can be derived by breaking down and analyzing its technical indicators over time. Tupy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tupy SA. In general, you should focus on analyzing Tupy Stock price patterns and their correlations with different microeconomic environments and drivers.
Tupy SA Predictive Forecast Models
Tupy SA's time-series forecasting models is one of many Tupy 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 Tupy 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 Tupy SA
Checking the ongoing alerts about Tupy SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tupy SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tupy SA generated a negative expected return over the last 90 days | |
| About 58.0% of the company shares are owned by institutional investors |
Additional Tools for Tupy Stock Analysis
When running Tupy SA's price analysis, check to measure Tupy SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tupy SA is operating at the current time. Most of Tupy SA's value examination focuses on studying past and present price action to predict the probability of Tupy SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tupy SA's price. Additionally, you may evaluate how the addition of Tupy SA to your portfolios can decrease your overall portfolio volatility.