Tangiamo Touch (Sweden) Probability of Future Stock Price Finishing Under 0.02
| TANGI Stock | SEK 1.67 0.05 2.91% |
Tangiamo |
Tangiamo Touch Target Price Odds to finish below 0.02
The tendency of Tangiamo 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 kr 0.02 or more in 90 days |
| 1.67 | 90 days | 0.02 | roughly 2.41 |
Based on a normal probability distribution, the odds of Tangiamo Touch to drop to kr 0.02 or more in 90 days from now is roughly 2.41 (This Tangiamo Touch Technology probability density function shows the probability of Tangiamo Stock to fall within a particular range of prices over 90 days) . Probability of Tangiamo Touch Technology price to stay between kr 0.02 and its current price of kr1.67 at the end of the 90-day period is about 8.32 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.0 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tangiamo Touch will likely underperform. Additionally Tangiamo Touch Technology 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. Tangiamo Touch Price Density |
| Price |
Predictive Modules for Tangiamo Touch
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tangiamo Touch Technology. 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.Tangiamo Touch Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tangiamo Touch is not an exception. The market had few large corrections towards the Tangiamo Touch'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 Tangiamo Touch Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tangiamo Touch within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 2.00 | |
σ | Overall volatility | 2.25 | |
Ir | Information ratio | -0.02 |
Tangiamo Touch 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 Tangiamo Touch for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tangiamo Touch Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tangiamo Touch generated a negative expected return over the last 90 days | |
| Tangiamo Touch has high historical volatility and very poor performance | |
| Tangiamo Touch may become a speculative penny stock | |
| Tangiamo Touch has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.18 M. Net Loss for the year was (14.35 M) with profit before overhead, payroll, taxes, and interest of 3.94 M. | |
| Tangiamo Touch Technology has accumulated about 4.8 M in cash with (13.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Tangiamo Touch 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 Tangiamo Stock often depends not only on the future outlook of the current and potential Tangiamo Touch'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. Tangiamo Touch's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 95.9 M | |
| Cash And Short Term Investments | 4.8 M |
Tangiamo Touch Technical Analysis
Tangiamo Touch's future price can be derived by breaking down and analyzing its technical indicators over time. Tangiamo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tangiamo Touch Technology. In general, you should focus on analyzing Tangiamo Stock price patterns and their correlations with different microeconomic environments and drivers.
Tangiamo Touch Predictive Forecast Models
Tangiamo Touch's time-series forecasting models is one of many Tangiamo Touch'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 Tangiamo Touch'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 Tangiamo Touch Technology
Checking the ongoing alerts about Tangiamo Touch for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tangiamo Touch Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tangiamo Touch generated a negative expected return over the last 90 days | |
| Tangiamo Touch has high historical volatility and very poor performance | |
| Tangiamo Touch may become a speculative penny stock | |
| Tangiamo Touch has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.18 M. Net Loss for the year was (14.35 M) with profit before overhead, payroll, taxes, and interest of 3.94 M. | |
| Tangiamo Touch Technology has accumulated about 4.8 M in cash with (13.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Tangiamo Stock Analysis
When running Tangiamo Touch's price analysis, check to measure Tangiamo Touch'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 Tangiamo Touch is operating at the current time. Most of Tangiamo Touch's value examination focuses on studying past and present price action to predict the probability of Tangiamo Touch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tangiamo Touch's price. Additionally, you may evaluate how the addition of Tangiamo Touch to your portfolios can decrease your overall portfolio volatility.