Terex (Germany) Chance of Future Stock Price Finishing Under 50.23
| TXG Stock | EUR 47.94 0.22 0.46% |
Terex |
Terex Target Price Odds to finish below 50.23
The tendency of Terex 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 under € 50.23 after 90 days |
| 47.94 | 90 days | 50.23 | about 76.88 |
Based on a normal probability distribution, the odds of Terex to stay under € 50.23 after 90 days from now is about 76.88 (This Terex probability density function shows the probability of Terex Stock to fall within a particular range of prices over 90 days) . Probability of Terex price to stay between its current price of € 47.94 and € 50.23 at the end of the 90-day period is about 40.14 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.23 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Terex will likely underperform. Additionally Terex 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. Terex Price Density |
| Price |
Predictive Modules for Terex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Terex. 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.Terex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Terex is not an exception. The market had few large corrections towards the Terex'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 Terex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Terex within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0042 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 2.13 | |
Ir | Information ratio | 0.01 |
Terex 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 Terex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Terex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Terex has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 92.0% of the company shares are owned by institutional investors |
Terex 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 Terex Stock often depends not only on the future outlook of the current and potential Terex'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. Terex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.8 M |
Terex Technical Analysis
Terex's future price can be derived by breaking down and analyzing its technical indicators over time. Terex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Terex. In general, you should focus on analyzing Terex Stock price patterns and their correlations with different microeconomic environments and drivers.
Terex Predictive Forecast Models
Terex's time-series forecasting models is one of many Terex'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 Terex'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 Terex
Checking the ongoing alerts about Terex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Terex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Terex has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 92.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Terex Stock
When determining whether Terex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Terex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Terex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Terex Stock:Check out Terex Backtesting, Terex Valuation, Terex Correlation, Terex Hype Analysis, Terex Volatility, Terex History as well as Terex Performance. For more detail on how to invest in Terex Stock please use our How to Invest in Terex guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.