Tucows Inc Stock Chance of Future Stock Price Finishing Under 22.24
| TC Stock | CAD 26.11 1.96 8.12% |
Tucows |
Tucows Target Price Odds to finish below 22.24
The tendency of Tucows 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 C$ 22.24 or more in 90 days |
| 26.11 | 90 days | 22.24 | about 5.39 |
Based on a normal probability distribution, the odds of Tucows to drop to C$ 22.24 or more in 90 days from now is about 5.39 (This Tucows Inc probability density function shows the probability of Tucows Stock to fall within a particular range of prices over 90 days) . Probability of Tucows Inc price to stay between C$ 22.24 and its current price of C$26.11 at the end of the 90-day period is about 39.27 .
Assuming the 90 days horizon Tucows has a beta of 0.39. This usually implies as returns on the market go up, Tucows average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tucows Inc will be expected to be much smaller as well. Additionally Tucows Inc 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. Tucows Price Density |
| Price |
Predictive Modules for Tucows
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tucows Inc. 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 Tucows' 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.
Tucows Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tucows is not an exception. The market had few large corrections towards the Tucows' 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 Tucows Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tucows within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 2.63 | |
Ir | Information ratio | -0.11 |
Tucows 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 Tucows for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tucows Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tucows Inc generated a negative expected return over the last 90 days | |
| Tucows Inc has high historical volatility and very poor performance | |
| Tucows Inc has high likelihood to experience some financial distress in the next 2 years | |
| Tucows Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Tucows Inc has accumulated 568.29 M in total debt with debt to equity ratio (D/E) of 127.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tucows Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tucows until it has trouble settling it off, either with new capital or with free cash flow. So, Tucows' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tucows Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tucows to invest in growth at high rates of return. When we think about Tucows' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 339.34 M. Net Loss for the year was (96.2 M) with profit before overhead, payroll, taxes, and interest of 107.44 M. | |
| Tucows Inc has accumulated about 12 M in cash with (4.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13. | |
| Over 77.0% of Tucows shares are owned by institutional investors | |
| Latest headline from news.google.com: Tucows Reports Narrower YY Loss In Q3 And 6.1 percent Revenue Increase - Barchart |
Tucows 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 Tucows Stock often depends not only on the future outlook of the current and potential Tucows' 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. Tucows' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 92.7 M |
Tucows Technical Analysis
Tucows' future price can be derived by breaking down and analyzing its technical indicators over time. Tucows Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tucows Inc. In general, you should focus on analyzing Tucows Stock price patterns and their correlations with different microeconomic environments and drivers.
Tucows Predictive Forecast Models
Tucows' time-series forecasting models is one of many Tucows' 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 Tucows' 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 Tucows Inc
Checking the ongoing alerts about Tucows for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tucows Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tucows Inc generated a negative expected return over the last 90 days | |
| Tucows Inc has high historical volatility and very poor performance | |
| Tucows Inc has high likelihood to experience some financial distress in the next 2 years | |
| Tucows Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Tucows Inc has accumulated 568.29 M in total debt with debt to equity ratio (D/E) of 127.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tucows Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tucows until it has trouble settling it off, either with new capital or with free cash flow. So, Tucows' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tucows Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tucows to invest in growth at high rates of return. When we think about Tucows' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 339.34 M. Net Loss for the year was (96.2 M) with profit before overhead, payroll, taxes, and interest of 107.44 M. | |
| Tucows Inc has accumulated about 12 M in cash with (4.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13. | |
| Over 77.0% of Tucows shares are owned by institutional investors | |
| Latest headline from news.google.com: Tucows Reports Narrower YY Loss In Q3 And 6.1 percent Revenue Increase - Barchart |
Check out Tucows Backtesting, Tucows Valuation, Tucows Correlation, Tucows Hype Analysis, Tucows Volatility, Tucows History as well as Tucows Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.