Technology Minerals (UK) Probability of Future Stock Price Finishing Over 0.98
| TM1 Stock | 0.20 0.05 20.00% |
Technology |
Technology Minerals Target Price Odds to finish over 0.98
The tendency of Technology 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 over 0.98 or more in 90 days |
| 0.20 | 90 days | 0.98 | close to zero percent |
Based on a normal probability distribution, the odds of Technology Minerals to move over 0.98 or more in 90 days from now is close to zero percent (This Technology Minerals PLC probability density function shows the probability of Technology Stock to fall within a particular range of prices over 90 days) . Probability of Technology Minerals PLC price to stay between its current price of 0.20 and 0.98 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Technology Minerals PLC has a beta of -0.72. This usually implies as returns on the benchmark increase, returns on holding Technology Minerals are expected to decrease at a much lower rate. During a bear market, however, Technology Minerals PLC is likely to outperform the market. Moreover Technology Minerals PLC has an alpha of 1.9206, implying that it can generate a 1.92 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Technology Minerals Price Density |
| Price |
Predictive Modules for Technology Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Technology Minerals PLC. 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.Technology Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Technology Minerals is not an exception. The market had few large corrections towards the Technology Minerals' 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 Technology Minerals PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Technology Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.92 | |
β | Beta against Dow Jones | -0.72 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.09 |
Technology Minerals 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 Technology Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Technology Minerals PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Technology Minerals is way too risky over 90 days horizon | |
| Technology Minerals has some characteristics of a very speculative penny stock | |
| Technology Minerals appears to be risky and price may revert if volatility continues | |
| Technology Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Technology Minerals generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Technology Minerals PLC Sees Significant Shift in Voting Rights - TipRanks |
Technology Minerals 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 Technology Stock often depends not only on the future outlook of the current and potential Technology Minerals' 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. Technology Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 318 K |
Technology Minerals Technical Analysis
Technology Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Technology Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Technology Minerals PLC. In general, you should focus on analyzing Technology Stock price patterns and their correlations with different microeconomic environments and drivers.
Technology Minerals Predictive Forecast Models
Technology Minerals' time-series forecasting models is one of many Technology Minerals' 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 Technology Minerals' 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 Technology Minerals PLC
Checking the ongoing alerts about Technology Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Technology Minerals PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Technology Minerals is way too risky over 90 days horizon | |
| Technology Minerals has some characteristics of a very speculative penny stock | |
| Technology Minerals appears to be risky and price may revert if volatility continues | |
| Technology Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Technology Minerals generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Technology Minerals PLC Sees Significant Shift in Voting Rights - TipRanks |
Other Information on Investing in Technology Stock
Technology Minerals financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Minerals security.