Full Truck Alliance Stock Probability of Future Stock Price Finishing Under 6.69
| YMM Stock | USD 11.62 0.30 2.52% |
Full |
Full Truck Target Price Odds to finish below 6.69
The tendency of Full 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 $ 6.69 or more in 90 days |
| 11.62 | 90 days | 6.69 | about 1.27 |
Based on a normal probability distribution, the odds of Full Truck to drop to $ 6.69 or more in 90 days from now is about 1.27 (This Full Truck Alliance probability density function shows the probability of Full Stock to fall within a particular range of prices over 90 days) . Probability of Full Truck Alliance price to stay between $ 6.69 and its current price of $11.62 at the end of the 90-day period is about 98.0 .
Considering the 90-day investment horizon Full Truck has a beta of 0.32. This entails as returns on the market go up, Full Truck average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Full Truck Alliance will be expected to be much smaller as well. Additionally Full Truck Alliance has an alpha of 0.8073, implying that it can generate a 0.81 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Full Truck Price Density |
| Price |
Predictive Modules for Full Truck
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Full Truck Alliance. 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.Full Truck Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Full Truck is not an exception. The market had few large corrections towards the Full Truck'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 Full Truck Alliance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Full Truck within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.81 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | 0.20 |
Full Truck 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 Full Truck for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Full Truck Alliance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Full Truck Alliance appears to be risky and price may revert if volatility continues | |
| Full Truck Alliance is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from simplywall.st: Full Truck Alliance Co. Ltd.s 40 percent Jump Shows Its Popularity With Investors |
Full Truck 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 Full Stock often depends not only on the future outlook of the current and potential Full Truck'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. Full Truck's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 18.3 B |
Full Truck Technical Analysis
Full Truck's future price can be derived by breaking down and analyzing its technical indicators over time. Full Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Full Truck Alliance. In general, you should focus on analyzing Full Stock price patterns and their correlations with different microeconomic environments and drivers.
Full Truck Predictive Forecast Models
Full Truck's time-series forecasting models is one of many Full Truck'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 Full Truck'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 Full Truck Alliance
Checking the ongoing alerts about Full Truck for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Full Truck Alliance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Full Truck Alliance appears to be risky and price may revert if volatility continues | |
| Full Truck Alliance is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from simplywall.st: Full Truck Alliance Co. Ltd.s 40 percent Jump Shows Its Popularity With Investors |
Check out Full Truck Backtesting, Full Truck Valuation, Full Truck Correlation, Full Truck Hype Analysis, Full Truck Volatility, Full Truck History as well as Full Truck Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Full Truck. If investors know Full 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 Full Truck 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 0.384 | Earnings Share 0.39 | Revenue Per Share 9.282 | Quarterly Revenue Growth 0.341 | Return On Assets 0.0232 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck's 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 Full Truck's market value can be influenced by many factors that don't directly affect Full Truck's 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 Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck's 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.