Trutankless Stock Probability of Future Pink Sheet Price Finishing Under 0.01
| TKLS Stock | USD 0.30 0.14 87.50% |
Trutankless |
Trutankless Target Price Odds to finish below 0.01
The tendency of Trutankless 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 $ 0.01 or more in 90 days |
| 0.30 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Trutankless to drop to $ 0.01 or more in 90 days from now is near 1 (This Trutankless probability density function shows the probability of Trutankless Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Trutankless price to stay between $ 0.01 and its current price of $0.3 at the end of the 90-day period is about 43.86 .
Given the investment horizon of 90 days Trutankless has a beta of -9.37. This usually implies as returns on its benchmark rise, returns on holding Trutankless are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Trutankless is expected to outperform its benchmark. In addition to that Trutankless has an alpha of 8.242, implying that it can generate a 8.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trutankless Price Density |
| Price |
Predictive Modules for Trutankless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trutankless. 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.Trutankless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trutankless is not an exception. The market had few large corrections towards the Trutankless' 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 Trutankless, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trutankless within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 8.24 | |
β | Beta against Dow Jones | -9.37 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.14 |
Trutankless 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 Trutankless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trutankless can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trutankless is way too risky over 90 days horizon | |
| Trutankless has some characteristics of a very speculative penny stock | |
| Trutankless appears to be risky and price may revert if volatility continues | |
| Trutankless has high likelihood to experience some financial distress in the next 2 years | |
| Trutankless currently holds 311.5 K in liabilities. Trutankless has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trutankless until it has trouble settling it off, either with new capital or with free cash flow. So, Trutankless' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trutankless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trutankless to invest in growth at high rates of return. When we think about Trutankless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 246.03 K. Net Loss for the year was (17.38 M) with profit before overhead, payroll, taxes, and interest of 118.36 K. | |
| Trutankless currently holds about 168.32 K in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders |
Trutankless 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 Trutankless Pink Sheet often depends not only on the future outlook of the current and potential Trutankless' 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. Trutankless' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.2 M |
Trutankless Technical Analysis
Trutankless' future price can be derived by breaking down and analyzing its technical indicators over time. Trutankless Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trutankless. In general, you should focus on analyzing Trutankless Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Trutankless Predictive Forecast Models
Trutankless' time-series forecasting models is one of many Trutankless' 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 Trutankless' 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 Trutankless
Checking the ongoing alerts about Trutankless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trutankless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trutankless is way too risky over 90 days horizon | |
| Trutankless has some characteristics of a very speculative penny stock | |
| Trutankless appears to be risky and price may revert if volatility continues | |
| Trutankless has high likelihood to experience some financial distress in the next 2 years | |
| Trutankless currently holds 311.5 K in liabilities. Trutankless has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trutankless until it has trouble settling it off, either with new capital or with free cash flow. So, Trutankless' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trutankless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trutankless to invest in growth at high rates of return. When we think about Trutankless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 246.03 K. Net Loss for the year was (17.38 M) with profit before overhead, payroll, taxes, and interest of 118.36 K. | |
| Trutankless currently holds about 168.32 K in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Trutankless Pink Sheet Analysis
When running Trutankless' price analysis, check to measure Trutankless' 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 Trutankless is operating at the current time. Most of Trutankless' value examination focuses on studying past and present price action to predict the probability of Trutankless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trutankless' price. Additionally, you may evaluate how the addition of Trutankless to your portfolios can decrease your overall portfolio volatility.