TTW Public (Germany) Probability of Future Stock Price Finishing Over 7.00
F1P2 Stock | EUR 0.23 0.29 470.97% |
TTW |
TTW Public Target Price Odds to finish over 7.00
The tendency of TTW 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 move over 7.00 or more in 90 days |
0.23 | 90 days | 7.00 | close to zero percent |
Based on a normal probability distribution, the odds of TTW Public to move over 7.00 or more in 90 days from now is close to zero percent (This TTW Public probability density function shows the probability of TTW Stock to fall within a particular range of prices over 90 days) . Probability of TTW Public price to stay between its current price of 0.23 and 7.00 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.52 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TTW Public will likely underperform. Additionally TTW Public 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. TTW Public Price Density |
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