Futu Holdings Stock Probability of Future Stock Price Finishing Under 76.59
| FUTU Stock | USD 86.25 1.97 2.23% |
Futu |
Futu Holdings Target Price Odds to finish below 76.59
The tendency of Futu 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 $ 76.59 or more in 90 days |
| 86.25 | 90 days | 76.59 | about 28.05 |
Based on a normal probability distribution, the odds of Futu Holdings to drop to $ 76.59 or more in 90 days from now is about 28.05 (This Futu Holdings probability density function shows the probability of Futu Stock to fall within a particular range of prices over 90 days) . Probability of Futu Holdings price to stay between $ 76.59 and its current price of $86.25 at the end of the 90-day period is about 19.81 .
Given the investment horizon of 90 days Futu Holdings has a beta of 0.65. This usually indicates as returns on the market go up, Futu Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Futu Holdings will be expected to be much smaller as well. Additionally Futu Holdings has an alpha of 0.5654, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Futu Holdings Price Density |
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Predictive Modules for Futu Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Futu Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Futu Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Futu Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Futu Holdings is not an exception. The market had few large corrections towards the Futu Holdings' 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 Futu Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Futu Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 18.32 | |
Ir | Information ratio | 0.1 |
Futu Holdings 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 Futu Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Futu Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Futu Holdings is way too risky over 90 days horizon | |
| Futu Holdings appears to be risky and price may revert if volatility continues | |
| Futu Holdings currently holds about 6.3 B in cash with (6.34 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.24. | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Futu Holdings Ltd Shares Up 4.82 percent on Dec 3 |
Futu Holdings 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 Futu Stock often depends not only on the future outlook of the current and potential Futu Holdings' 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. Futu Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140 M | |
| Cash And Short Term Investments | 4.9 B |
Futu Holdings Technical Analysis
Futu Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Futu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Futu Holdings. In general, you should focus on analyzing Futu Stock price patterns and their correlations with different microeconomic environments and drivers.
Futu Holdings Predictive Forecast Models
Futu Holdings' time-series forecasting models is one of many Futu Holdings' 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 Futu Holdings' 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 Futu Holdings
Checking the ongoing alerts about Futu Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Futu Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Futu Holdings is way too risky over 90 days horizon | |
| Futu Holdings appears to be risky and price may revert if volatility continues | |
| Futu Holdings currently holds about 6.3 B in cash with (6.34 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.24. | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Futu Holdings Ltd Shares Up 4.82 percent on Dec 3 |
Additional Tools for Futu Stock Analysis
When running Futu Holdings' price analysis, check to measure Futu Holdings' 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 Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.