Tpi Composites Stock Probability of Future Stock Price Finishing Over 3.8
TPIC Stock | USD 1.58 0.08 4.82% |
TPI |
TPI Composites Target Price Odds to finish over 3.8
The tendency of TPI 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 $ 3.80 or more in 90 days |
1.58 | 90 days | 3.80 | about 36.21 |
Based on a normal probability distribution, the odds of TPI Composites to move over $ 3.80 or more in 90 days from now is about 36.21 (This TPI Composites probability density function shows the probability of TPI Stock to fall within a particular range of prices over 90 days) . Probability of TPI Composites price to stay between its current price of $ 1.58 and $ 3.80 at the end of the 90-day period is about 60.37 .
Given the investment horizon of 90 days TPI Composites has a beta of 0.23. This usually implies as returns on the market go up, TPI Composites average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TPI Composites will be expected to be much smaller as well. Additionally TPI Composites 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. TPI Composites Price Density |
Price |
Predictive Modules for TPI Composites
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TPI Composites. 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.TPI Composites Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TPI Composites is not an exception. The market had few large corrections towards the TPI Composites' 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 TPI Composites, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TPI Composites within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.24 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.24 |
TPI Composites 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 TPI Composites for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TPI Composites can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.TPI Composites generated a negative expected return over the last 90 days | |
TPI Composites has high historical volatility and very poor performance | |
TPI Composites may become a speculative penny stock | |
The company reported the previous year's revenue of 1.46 B. Net Loss for the year was (201.78 M) with profit before overhead, payroll, taxes, and interest of 40.31 M. | |
TPI Composites currently holds about 129.14 M in cash with (80.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
TPI Composites has a poor financial position based on the latest SEC disclosures | |
Roughly 74.0% of the company shares are owned by institutional investors | |
Latest headline from MacroaxisInsider: Disposition of 18782 shares by Charles Stroo of TPI Composites at 2.0 subject to Rule 16b-3 |
TPI Composites 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 TPI Stock often depends not only on the future outlook of the current and potential TPI Composites' 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. TPI Composites' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 42.7 M | |
Cash And Short Term Investments | 161.1 M |
TPI Composites Technical Analysis
TPI Composites' future price can be derived by breaking down and analyzing its technical indicators over time. TPI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TPI Composites. In general, you should focus on analyzing TPI Stock price patterns and their correlations with different microeconomic environments and drivers.
TPI Composites Predictive Forecast Models
TPI Composites' time-series forecasting models is one of many TPI Composites' 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 TPI Composites' 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 TPI Composites
Checking the ongoing alerts about TPI Composites for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TPI Composites help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
TPI Composites generated a negative expected return over the last 90 days | |
TPI Composites has high historical volatility and very poor performance | |
TPI Composites may become a speculative penny stock | |
The company reported the previous year's revenue of 1.46 B. Net Loss for the year was (201.78 M) with profit before overhead, payroll, taxes, and interest of 40.31 M. | |
TPI Composites currently holds about 129.14 M in cash with (80.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
TPI Composites has a poor financial position based on the latest SEC disclosures | |
Roughly 74.0% of the company shares are owned by institutional investors | |
Latest headline from MacroaxisInsider: Disposition of 18782 shares by Charles Stroo of TPI Composites at 2.0 subject to Rule 16b-3 |
Check out TPI Composites Backtesting, TPI Composites Valuation, TPI Composites Correlation, TPI Composites Hype Analysis, TPI Composites Volatility, TPI Composites History as well as TPI Composites Performance. For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TPI Composites. If investors know TPI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 28.054 | Quarterly Revenue Growth 0.028 | Return On Assets (0.12) | Return On Equity (3.53) |
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.