Tyler Technologies Stock Probability of Future Stock Price Finishing Under 627.07
| TYL Stock | USD 605.42 11.82 1.99% |
Tyler |
Tyler Technologies Target Price Odds to finish below 627.07
The tendency of Tyler 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 $ 627.07 after 90 days |
| 605.42 | 90 days | 627.07 | about 92.25 |
Based on a normal probability distribution, the odds of Tyler Technologies to stay under $ 627.07 after 90 days from now is about 92.25 (This Tyler Technologies probability density function shows the probability of Tyler Stock to fall within a particular range of prices over 90 days) . Probability of Tyler Technologies price to stay between its current price of $ 605.42 and $ 627.07 at the end of the 90-day period is about 36.48 .
Considering the 90-day investment horizon Tyler Technologies has a beta of 0.45. This usually implies as returns on the market go up, Tyler Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tyler Technologies will be expected to be much smaller as well. Additionally Tyler Technologies has an alpha of 0.0527, implying that it can generate a 0.0527 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tyler Technologies Price Density |
| Price |
Predictive Modules for Tyler Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tyler Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tyler Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tyler Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tyler Technologies is not an exception. The market had few large corrections towards the Tyler Technologies' 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 Tyler Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tyler Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 16.87 | |
Ir | Information ratio | 0.03 |
Tyler Technologies 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 Tyler Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tyler Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tyler Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Tyler Technologies Inc Celebrates State Partners Wins at 2024 Government Experience Awards |
Tyler Technologies 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 Tyler Stock often depends not only on the future outlook of the current and potential Tyler Technologies' 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. Tyler Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.8 M | |
| Cash And Short Term Investments | 175.9 M |
Tyler Technologies Technical Analysis
Tyler Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Tyler Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tyler Technologies. In general, you should focus on analyzing Tyler Stock price patterns and their correlations with different microeconomic environments and drivers.
Tyler Technologies Predictive Forecast Models
Tyler Technologies' time-series forecasting models is one of many Tyler Technologies' 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 Tyler Technologies' 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 Tyler Technologies
Checking the ongoing alerts about Tyler Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tyler Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tyler Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Tyler Technologies Inc Celebrates State Partners Wins at 2024 Government Experience Awards |
Check out Tyler Technologies Backtesting, Tyler Technologies Valuation, Tyler Technologies Correlation, Tyler Technologies Hype Analysis, Tyler Technologies Volatility, Tyler Technologies History as well as Tyler Technologies Performance. For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software 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 Tyler Technologies. If investors know Tyler 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 Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.582 | Earnings Share 5.57 | Revenue Per Share 48.923 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0358 |
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' 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 Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' 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 Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' 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.