TANGANDA TEA (Zimbabwe) Probability of Future Stock Price Finishing Under 129,979
| TANG Stock | 250.60 44.20 14.99% |
TANGANDA |
TANGANDA TEA Target Price Odds to finish below 129,979
The tendency of TANGANDA 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 below current price in 90 days |
| 250.60 | 90 days | 250.60 | about 19.12 |
Based on a normal probability distribution, the odds of TANGANDA TEA to move below current price in 90 days from now is about 19.12 (This TANGANDA TEA PANY probability density function shows the probability of TANGANDA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon TANGANDA TEA has a beta of 0.37. This usually implies as returns on the market go up, TANGANDA TEA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TANGANDA TEA PANY will be expected to be much smaller as well. Additionally TANGANDA TEA PANY 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. TANGANDA TEA Price Density |
| Price |
Predictive Modules for TANGANDA TEA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TANGANDA TEA PANY. 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.TANGANDA TEA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TANGANDA TEA is not an exception. The market had few large corrections towards the TANGANDA TEA'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 TANGANDA TEA PANY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TANGANDA TEA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 79.36 | |
Ir | Information ratio | -0.05 |
TANGANDA TEA 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 TANGANDA TEA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TANGANDA TEA PANY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TANGANDA TEA PANY generated a negative expected return over the last 90 days | |
| TANGANDA TEA PANY has high historical volatility and very poor performance |
TANGANDA TEA Technical Analysis
TANGANDA TEA's future price can be derived by breaking down and analyzing its technical indicators over time. TANGANDA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TANGANDA TEA PANY. In general, you should focus on analyzing TANGANDA Stock price patterns and their correlations with different microeconomic environments and drivers.
TANGANDA TEA Predictive Forecast Models
TANGANDA TEA's time-series forecasting models is one of many TANGANDA TEA'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 TANGANDA TEA'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 TANGANDA TEA PANY
Checking the ongoing alerts about TANGANDA TEA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TANGANDA TEA PANY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TANGANDA TEA PANY generated a negative expected return over the last 90 days | |
| TANGANDA TEA PANY has high historical volatility and very poor performance |
Additional Tools for TANGANDA Stock Analysis
When running TANGANDA TEA's price analysis, check to measure TANGANDA TEA'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 TANGANDA TEA is operating at the current time. Most of TANGANDA TEA's value examination focuses on studying past and present price action to predict the probability of TANGANDA TEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TANGANDA TEA's price. Additionally, you may evaluate how the addition of TANGANDA TEA to your portfolios can decrease your overall portfolio volatility.