Trina Solar (China) Probability of Future Stock Price Finishing Under 42.41
| 688599 Stock | 21.80 0.39 1.76% |
Trina |
Trina Solar Target Price Odds to finish below 42.41
The tendency of Trina 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 42.41 after 90 days |
| 21.80 | 90 days | 42.41 | close to 99 |
Based on a normal probability distribution, the odds of Trina Solar to stay under 42.41 after 90 days from now is close to 99 (This Trina Solar Co probability density function shows the probability of Trina Stock to fall within a particular range of prices over 90 days) . Probability of Trina Solar price to stay between its current price of 21.80 and 42.41 at the end of the 90-day period is about 63.29 .
Assuming the 90 days trading horizon Trina Solar Co has a beta of -0.24. This suggests as returns on the benchmark increase, returns on holding Trina Solar are expected to decrease at a much lower rate. During a bear market, however, Trina Solar Co is likely to outperform the market. Additionally Trina Solar Co has an alpha of 0.5414, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trina Solar Price Density |
| Price |
Predictive Modules for Trina Solar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trina Solar. 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.Trina Solar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trina Solar is not an exception. The market had few large corrections towards the Trina Solar'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 Trina Solar Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trina Solar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 3.18 | |
Ir | Information ratio | 0.10 |
Trina Solar 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 Trina Solar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trina Solar can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trina Solar is way too risky over 90 days horizon | |
| Trina Solar appears to be risky and price may revert if volatility continues | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Trinasolar establishes a partnership with Centro Universitrio FACENS to empower Brazilian market on its advanced smart solar solutions - Barchart |
Trina Solar 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 Trina Stock often depends not only on the future outlook of the current and potential Trina Solar'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. Trina Solar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
Trina Solar Technical Analysis
Trina Solar's future price can be derived by breaking down and analyzing its technical indicators over time. Trina Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trina Solar Co. In general, you should focus on analyzing Trina Stock price patterns and their correlations with different microeconomic environments and drivers.
Trina Solar Predictive Forecast Models
Trina Solar's time-series forecasting models is one of many Trina Solar'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 Trina Solar'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 Trina Solar
Checking the ongoing alerts about Trina Solar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trina Solar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trina Solar is way too risky over 90 days horizon | |
| Trina Solar appears to be risky and price may revert if volatility continues | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Trinasolar establishes a partnership with Centro Universitrio FACENS to empower Brazilian market on its advanced smart solar solutions - Barchart |
Other Information on Investing in Trina Stock
Trina Solar financial ratios help investors to determine whether Trina Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Trina with respect to the benefits of owning Trina Solar security.