TCL MULTIMEDIA (Germany) Probability of Future Stock Price Finishing Under 0.91
| TC2A Stock | EUR 1.06 0.02 1.92% |
TCL |
TCL MULTIMEDIA Target Price Odds to finish below 0.91
The tendency of TCL 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 € 0.91 or more in 90 days |
| 1.06 | 90 days | 0.91 | nearly 4.3 |
Based on a normal probability distribution, the odds of TCL MULTIMEDIA to drop to € 0.91 or more in 90 days from now is nearly 4.3 (This TCL MULTIMEDIA TECH probability density function shows the probability of TCL Stock to fall within a particular range of prices over 90 days) . Probability of TCL MULTIMEDIA TECH price to stay between € 0.91 and its current price of €1.06 at the end of the 90-day period is about 62.21 .
Assuming the 90 days trading horizon TCL MULTIMEDIA has a beta of 0.34. This usually implies as returns on the market go up, TCL MULTIMEDIA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TCL MULTIMEDIA TECH will be expected to be much smaller as well. Additionally TCL MULTIMEDIA TECH has an alpha of 0.2794, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TCL MULTIMEDIA Price Density |
| Price |
Predictive Modules for TCL MULTIMEDIA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TCL MULTIMEDIA TECH. 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.TCL MULTIMEDIA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TCL MULTIMEDIA is not an exception. The market had few large corrections towards the TCL MULTIMEDIA'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 TCL MULTIMEDIA TECH, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TCL MULTIMEDIA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.05 |
TCL MULTIMEDIA 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 TCL MULTIMEDIA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TCL MULTIMEDIA TECH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TCL MULTIMEDIA TECH has some characteristics of a very speculative penny stock | |
| TCL MULTIMEDIA TECH had very high historical volatility over the last 90 days |
TCL MULTIMEDIA 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 TCL Stock often depends not only on the future outlook of the current and potential TCL MULTIMEDIA'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. TCL MULTIMEDIA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 B | |
| Dividends Paid | 277.2 M | |
| Short Long Term Debt | 6.4 B |
TCL MULTIMEDIA Technical Analysis
TCL MULTIMEDIA's future price can be derived by breaking down and analyzing its technical indicators over time. TCL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TCL MULTIMEDIA TECH. In general, you should focus on analyzing TCL Stock price patterns and their correlations with different microeconomic environments and drivers.
TCL MULTIMEDIA Predictive Forecast Models
TCL MULTIMEDIA's time-series forecasting models is one of many TCL MULTIMEDIA'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 TCL MULTIMEDIA'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 TCL MULTIMEDIA TECH
Checking the ongoing alerts about TCL MULTIMEDIA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TCL MULTIMEDIA TECH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TCL MULTIMEDIA TECH has some characteristics of a very speculative penny stock | |
| TCL MULTIMEDIA TECH had very high historical volatility over the last 90 days |
Additional Tools for TCL Stock Analysis
When running TCL MULTIMEDIA's price analysis, check to measure TCL MULTIMEDIA'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 TCL MULTIMEDIA is operating at the current time. Most of TCL MULTIMEDIA's value examination focuses on studying past and present price action to predict the probability of TCL MULTIMEDIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL MULTIMEDIA's price. Additionally, you may evaluate how the addition of TCL MULTIMEDIA to your portfolios can decrease your overall portfolio volatility.