Triton Development (Poland) Probability of Future Stock Price Finishing Over 3.02
| TRI Stock | 2.72 0.28 9.33% |
Triton |
Triton Development Target Price Odds to finish over 3.02
The tendency of Triton 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 3.02 or more in 90 days |
| 2.72 | 90 days | 3.02 | about 87.62 |
Based on a normal probability distribution, the odds of Triton Development to move over 3.02 or more in 90 days from now is about 87.62 (This Triton Development SA probability density function shows the probability of Triton Stock to fall within a particular range of prices over 90 days) . Probability of Triton Development price to stay between its current price of 2.72 and 3.02 at the end of the 90-day period is about 10.56 .
Assuming the 90 days trading horizon Triton Development has a beta of 0.17. This usually implies as returns on the market go up, Triton Development average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Triton Development SA will be expected to be much smaller as well. Additionally Triton Development SA 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. Triton Development Price Density |
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Predictive Modules for Triton Development
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Triton Development. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Triton Development's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Triton Development Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Triton Development is not an exception. The market had few large corrections towards the Triton Development'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 Triton Development SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Triton Development within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.11 |
Triton Development 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 Triton Development for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Triton Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Triton Development generated a negative expected return over the last 90 days | |
| Triton Development has high historical volatility and very poor performance |
Triton Development Technical Analysis
Triton Development's future price can be derived by breaking down and analyzing its technical indicators over time. Triton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Triton Development SA. In general, you should focus on analyzing Triton Stock price patterns and their correlations with different microeconomic environments and drivers.
Triton Development Predictive Forecast Models
Triton Development's time-series forecasting models is one of many Triton Development'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 Triton Development'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 Triton Development
Checking the ongoing alerts about Triton Development for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Triton Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Triton Development generated a negative expected return over the last 90 days | |
| Triton Development has high historical volatility and very poor performance |
Additional Tools for Triton Stock Analysis
When running Triton Development's price analysis, check to measure Triton Development's 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 Triton Development is operating at the current time. Most of Triton Development's value examination focuses on studying past and present price action to predict the probability of Triton Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triton Development's price. Additionally, you may evaluate how the addition of Triton Development to your portfolios can decrease your overall portfolio volatility.