MTouche Technology (Malaysia) Probability of Future Stock Price Finishing Under 0.05
| 0092 Stock | 0.04 0.01 14.29% |
MTouche |
MTouche Technology Target Price Odds to finish below 0.05
The tendency of MTouche 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 under 0.05 after 90 days |
| 0.04 | 90 days | 0.05 | close to 99 |
Based on a normal probability distribution, the odds of MTouche Technology to stay under 0.05 after 90 days from now is close to 99 (This mTouche Technology Bhd probability density function shows the probability of MTouche Stock to fall within a particular range of prices over 90 days) . Probability of mTouche Technology Bhd price to stay between its current price of 0.04 and 0.05 at the end of the 90-day period is about 38.61 .
Assuming the 90 days trading horizon MTouche Technology has a beta of 0.92. This suggests mTouche Technology Bhd market returns are very sensitive to returns on the market. As the market goes up or down, MTouche Technology is expected to follow. Additionally MTouche Technology Bhd has an alpha of 0.1819, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MTouche Technology Price Density |
| Price |
Predictive Modules for MTouche Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as mTouche Technology Bhd. 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.MTouche Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MTouche Technology is not an exception. The market had few large corrections towards the MTouche Technology'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 mTouche Technology Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MTouche Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
MTouche Technology 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 MTouche Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for mTouche Technology Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MTouche Technology had very high historical volatility over the last 90 days | |
| MTouche Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 21.2 M. Net Loss for the year was (11.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| MTouche Technology generates negative cash flow from operations |
MTouche Technology 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 MTouche Stock often depends not only on the future outlook of the current and potential MTouche Technology'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. MTouche Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 926.7 M | |
| Cash And Short Term Investments | 66.4 M |
MTouche Technology Technical Analysis
MTouche Technology's future price can be derived by breaking down and analyzing its technical indicators over time. MTouche Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of mTouche Technology Bhd. In general, you should focus on analyzing MTouche Stock price patterns and their correlations with different microeconomic environments and drivers.
MTouche Technology Predictive Forecast Models
MTouche Technology's time-series forecasting models is one of many MTouche Technology'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 MTouche Technology'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 mTouche Technology Bhd
Checking the ongoing alerts about MTouche Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for mTouche Technology Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MTouche Technology had very high historical volatility over the last 90 days | |
| MTouche Technology has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 21.2 M. Net Loss for the year was (11.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| MTouche Technology generates negative cash flow from operations |
Other Information on Investing in MTouche Stock
MTouche Technology financial ratios help investors to determine whether MTouche 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 MTouche with respect to the benefits of owning MTouche Technology security.