Tribe Technology (UK) Probability of Future Stock Price Finishing Over 1.615
| TRYB Stock | 1.80 0.10 5.88% |
Tribe |
Tribe Technology Target Price Odds to finish over 1.615
The tendency of Tribe 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 stay above 1.62 in 90 days |
| 1.80 | 90 days | 1.62 | about 98.0 |
Based on a normal probability distribution, the odds of Tribe Technology to stay above 1.62 in 90 days from now is about 98.0 (This Tribe Technology PLC probability density function shows the probability of Tribe Stock to fall within a particular range of prices over 90 days) . Probability of Tribe Technology PLC price to stay between 1.62 and its current price of 1.8 at the end of the 90-day period is about 1.11 .
Assuming the 90 days trading horizon Tribe Technology PLC has a beta of -0.68. This usually implies as returns on the benchmark increase, returns on holding Tribe Technology are expected to decrease at a much lower rate. During a bear market, however, Tribe Technology PLC is likely to outperform the market. Additionally Tribe Technology PLC 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. Tribe Technology Price Density |
| Price |
Predictive Modules for Tribe Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tribe Technology 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.Tribe Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tribe Technology is not an exception. The market had few large corrections towards the Tribe Technology'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 Tribe Technology PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tribe Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.22 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.33 |
Tribe Technology 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 Tribe Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tribe Technology 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.| Tribe Technology PLC generated a negative expected return over the last 90 days | |
| Tribe Technology PLC may become a speculative penny stock | |
| Tribe Technology PLC has high historical volatility and very poor performance | |
| Tribe Technology PLC has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 40 K. Net Loss for the year was (3.81 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tribe Technology generates negative cash flow from operations | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tribe Technology Passes Key Resolutions at General Meeting - TipRanks |
Tribe Technology 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 Tribe Stock often depends not only on the future outlook of the current and potential Tribe Technology'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. Tribe Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221.4 M | |
| Cash And Short Term Investments | 207 K |
Tribe Technology Technical Analysis
Tribe Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Tribe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tribe Technology PLC. In general, you should focus on analyzing Tribe Stock price patterns and their correlations with different microeconomic environments and drivers.
Tribe Technology Predictive Forecast Models
Tribe Technology's time-series forecasting models is one of many Tribe Technology'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 Tribe Technology'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 Tribe Technology PLC
Checking the ongoing alerts about Tribe Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tribe Technology PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tribe Technology PLC generated a negative expected return over the last 90 days | |
| Tribe Technology PLC may become a speculative penny stock | |
| Tribe Technology PLC has high historical volatility and very poor performance | |
| Tribe Technology PLC has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 40 K. Net Loss for the year was (3.81 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tribe Technology generates negative cash flow from operations | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tribe Technology Passes Key Resolutions at General Meeting - TipRanks |
Additional Tools for Tribe Stock Analysis
When running Tribe Technology's price analysis, check to measure Tribe Technology'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 Tribe Technology is operating at the current time. Most of Tribe Technology's value examination focuses on studying past and present price action to predict the probability of Tribe Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tribe Technology's price. Additionally, you may evaluate how the addition of Tribe Technology to your portfolios can decrease your overall portfolio volatility.