Rcm Technologies Stock Probability of Future Stock Price Finishing Over 24.36
| RCMT Stock | USD 23.17 0.20 0.87% |
RCM |
RCM Technologies Target Price Odds to finish over 24.36
The tendency of RCM 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 $ 24.36 or more in 90 days |
| 23.17 | 90 days | 24.36 | nearly 4.21 |
Based on a normal probability distribution, the odds of RCM Technologies to move over $ 24.36 or more in 90 days from now is nearly 4.21 (This RCM Technologies probability density function shows the probability of RCM Stock to fall within a particular range of prices over 90 days) . Probability of RCM Technologies price to stay between its current price of $ 23.17 and $ 24.36 at the end of the 90-day period is about 17.06 .
Given the investment horizon of 90 days RCM Technologies has a beta of 0.39 indicating as returns on the market go up, RCM Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RCM Technologies will be expected to be much smaller as well. Additionally RCM Technologies has an alpha of 0.2068, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RCM Technologies Price Density |
| Price |
Predictive Modules for RCM 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 RCM 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.RCM Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RCM Technologies is not an exception. The market had few large corrections towards the RCM 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 RCM Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RCM Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | 0.08 |
RCM 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 RCM Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RCM 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.| RCM Technologies is unlikely to experience financial distress in the next 2 years | |
| About 33.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: RCM Technologies, Inc. Is a Trending Stock Facts to Know Before Betting on It |
RCM 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 RCM Stock often depends not only on the future outlook of the current and potential RCM 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. RCM Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 6.3 M |
RCM Technologies Technical Analysis
RCM Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. RCM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RCM Technologies. In general, you should focus on analyzing RCM Stock price patterns and their correlations with different microeconomic environments and drivers.
RCM Technologies Predictive Forecast Models
RCM Technologies' time-series forecasting models is one of many RCM 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 RCM 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 RCM Technologies
Checking the ongoing alerts about RCM Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RCM Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RCM Technologies is unlikely to experience financial distress in the next 2 years | |
| About 33.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: RCM Technologies, Inc. Is a Trending Stock Facts to Know Before Betting on It |
Additional Tools for RCM Stock Analysis
When running RCM Technologies' price analysis, check to measure RCM Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RCM Technologies is operating at the current time. Most of RCM Technologies' value examination focuses on studying past and present price action to predict the probability of RCM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RCM Technologies' price. Additionally, you may evaluate how the addition of RCM Technologies to your portfolios can decrease your overall portfolio volatility.