Tanke Incorporated Stock Probability of Future Stock Price Finishing Over 6.3E-5
| TNKE Stock | USD 0.0001 0.00 0.00% |
Tanke Incorporated Target Price Odds to finish over 6.3E-5
The tendency of Tanke 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 stay above $ 0.000063 in 90 days |
| 0.0001 | 90 days | 0.000063 | about 85.86 |
Based on a normal probability distribution, the odds of Tanke Incorporated to stay above $ 0.000063 in 90 days from now is about 85.86 (This Tanke Incorporated probability density function shows the probability of Tanke Stock to fall within a particular range of prices over 90 days) . Probability of Tanke Incorporated price to stay between $ 0.000063 and its current price of $1.0E-4 at the end of the 90-day period is about 47.5 .
Given the investment horizon of 90 days Tanke Incorporated has the beta coefficient that is very close to zero. This usually implies the returns on DOW JONES INDUSTRIAL and Tanke Incorporated do not appear to be highly-sensitive. Additionally It does not look like Tanke Incorporated's alpha can have any bearing on the current valuation. Tanke Incorporated Price Density |
| Price |
Predictive Modules for Tanke Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tanke Incorporated. 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.Tanke Incorporated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tanke Incorporated is not an exception. The market had few large corrections towards the Tanke Incorporated'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 Tanke Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tanke Incorporated within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000027 | |
Ir | Information ratio | 0.00 |
Tanke Incorporated 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 Tanke Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tanke Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tanke Incorporated is way too risky over 90 days horizon | |
| Tanke Incorporated has some characteristics of a very speculative penny stock | |
| Tanke Incorporated appears to be risky and price may revert if volatility continues | |
| Tanke Incorporated has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.6 M. Net Loss for the year was (1.02 M) with profit before overhead, payroll, taxes, and interest of 1.53 M. | |
| Tanke Incorporated currently holds about 1.23 M in cash with (258.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Tanke Incorporated Technical Analysis
Tanke Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. Tanke Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tanke Incorporated. In general, you should focus on analyzing Tanke Stock price patterns and their correlations with different microeconomic environments and drivers.
Tanke Incorporated Predictive Forecast Models
Tanke Incorporated's time-series forecasting models is one of many Tanke Incorporated'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 Tanke Incorporated'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 Tanke Incorporated
Checking the ongoing alerts about Tanke Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tanke Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tanke Incorporated is way too risky over 90 days horizon | |
| Tanke Incorporated has some characteristics of a very speculative penny stock | |
| Tanke Incorporated appears to be risky and price may revert if volatility continues | |
| Tanke Incorporated has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.6 M. Net Loss for the year was (1.02 M) with profit before overhead, payroll, taxes, and interest of 1.53 M. | |
| Tanke Incorporated currently holds about 1.23 M in cash with (258.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Tanke Incorporated Backtesting, Tanke Incorporated Valuation, Tanke Incorporated Correlation, Tanke Incorporated Hype Analysis, Tanke Incorporated Volatility, Tanke Incorporated History as well as Tanke Incorporated Performance. For information on how to trade Tanke Stock refer to our How to Trade Tanke Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanke Incorporated. If investors know Tanke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanke Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 3.461 | Quarterly Revenue Growth (0.20) |
The market value of Tanke Incorporated is measured differently than its book value, which is the value of Tanke that is recorded on the company's balance sheet. Investors also form their own opinion of Tanke Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Tanke Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanke Incorporated's market value can be influenced by many factors that don't directly affect Tanke Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanke Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanke Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanke Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.