Tcl Electronics Holdings Stock Probability of Future Pink Sheet Price Finishing Under 0.62
| TCLHF Stock | USD 0.66 0.04 6.45% |
TCL |
TCL Electronics Target Price Odds to finish below 0.62
The tendency of TCL Pink Sheet 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 $ 0.62 or more in 90 days |
| 0.66 | 90 days | 0.62 | about 12.8 |
Based on a normal probability distribution, the odds of TCL Electronics to drop to $ 0.62 or more in 90 days from now is about 12.8 (This TCL Electronics Holdings probability density function shows the probability of TCL Pink Sheet to fall within a particular range of prices over 90 days) . Probability of TCL Electronics Holdings price to stay between $ 0.62 and its current price of $0.66 at the end of the 90-day period is about 28.15 .
Assuming the 90 days horizon TCL Electronics Holdings has a beta of -0.36. This usually implies as returns on the benchmark increase, returns on holding TCL Electronics are expected to decrease at a much lower rate. During a bear market, however, TCL Electronics Holdings is likely to outperform the market. Additionally TCL Electronics Holdings has an alpha of 0.4485, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TCL Electronics Price Density |
| Price |
Predictive Modules for TCL Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TCL Electronics Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.TCL Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TCL Electronics is not an exception. The market had few large corrections towards the TCL Electronics' 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 TCL Electronics Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TCL Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.05 |
TCL Electronics 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 TCL Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TCL Electronics Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TCL Electronics had very high historical volatility over the last 90 days | |
| TCL Electronics has some characteristics of a very speculative penny stock | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
TCL Electronics 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 TCL Pink Sheet often depends not only on the future outlook of the current and potential TCL Electronics' 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. TCL Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 B |
TCL Electronics Technical Analysis
TCL Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. TCL Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TCL Electronics Holdings. In general, you should focus on analyzing TCL Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
TCL Electronics Predictive Forecast Models
TCL Electronics' time-series forecasting models is one of many TCL Electronics' pink sheet 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 TCL Electronics' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about TCL Electronics Holdings
Checking the ongoing alerts about TCL Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TCL Electronics Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TCL Electronics had very high historical volatility over the last 90 days | |
| TCL Electronics has some characteristics of a very speculative penny stock | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TCL Pink Sheet
TCL Electronics financial ratios help investors to determine whether TCL Pink Sheet 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 TCL with respect to the benefits of owning TCL Electronics security.