T42 IoT (UK) Odds of Future Stock Price Finishing Under 2.83
| TRAC Stock | 3.50 0.50 16.67% |
T42 |
T42 IoT Target Price Odds to finish below 2.83
The tendency of T42 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 2.83 or more in 90 days |
| 3.50 | 90 days | 2.83 | about 5.96 |
Based on a normal probability distribution, the odds of T42 IoT to drop to 2.83 or more in 90 days from now is about 5.96 (This t42 IoT Tracking probability density function shows the probability of T42 Stock to fall within a particular range of prices over 90 days) . Probability of t42 IoT Tracking price to stay between 2.83 and its current price of 3.5 at the end of the 90-day period is about 31.65 .
Assuming the 90 days trading horizon T42 IoT has a beta of 0.15. This usually implies as returns on the market go up, T42 IoT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding t42 IoT Tracking will be expected to be much smaller as well. Additionally T42 IoT Tracking 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. T42 IoT Price Density |
| Price |
Predictive Modules for T42 IoT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as t42 IoT Tracking. 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.T42 IoT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. T42 IoT is not an exception. The market had few large corrections towards the T42 IoT'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 t42 IoT Tracking, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of T42 IoT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.11 |
T42 IoT 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 T42 IoT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for t42 IoT Tracking can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| t42 IoT Tracking generated a negative expected return over the last 90 days | |
| t42 IoT Tracking has high historical volatility and very poor performance | |
| t42 IoT Tracking has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 4 M. Net Loss for the year was (420 K) with profit before overhead, payroll, taxes, and interest of 1.68 M. | |
| T42 IoT generates negative cash flow from operations | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
T42 IoT 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 T42 Stock often depends not only on the future outlook of the current and potential T42 IoT'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. T42 IoT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.1 M | |
| Cash And Short Term Investments | 186 K | |
| Shares Float | 49.1 M |
T42 IoT Technical Analysis
T42 IoT's future price can be derived by breaking down and analyzing its technical indicators over time. T42 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of t42 IoT Tracking. In general, you should focus on analyzing T42 Stock price patterns and their correlations with different microeconomic environments and drivers.
T42 IoT Predictive Forecast Models
T42 IoT's time-series forecasting models is one of many T42 IoT'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 T42 IoT'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 t42 IoT Tracking
Checking the ongoing alerts about T42 IoT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for t42 IoT Tracking help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| t42 IoT Tracking generated a negative expected return over the last 90 days | |
| t42 IoT Tracking has high historical volatility and very poor performance | |
| t42 IoT Tracking has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 4 M. Net Loss for the year was (420 K) with profit before overhead, payroll, taxes, and interest of 1.68 M. | |
| T42 IoT generates negative cash flow from operations | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for T42 Stock Analysis
When running T42 IoT's price analysis, check to measure T42 IoT'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 T42 IoT is operating at the current time. Most of T42 IoT's value examination focuses on studying past and present price action to predict the probability of T42 IoT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T42 IoT's price. Additionally, you may evaluate how the addition of T42 IoT to your portfolios can decrease your overall portfolio volatility.