Trio Tech International Stock Probability of Future Stock Price Finishing Over 5.02
| TRT Stock | USD 5.91 0.23 3.75% |
Trio |
Trio Tech Target Price Odds to finish over 5.02
The tendency of Trio 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 stay above $ 5.02 in 90 days |
| 5.91 | 90 days | 5.02 | close to 99 |
Based on a normal probability distribution, the odds of Trio Tech to stay above $ 5.02 in 90 days from now is close to 99 (This Trio Tech International probability density function shows the probability of Trio Stock to fall within a particular range of prices over 90 days) . Probability of Trio Tech International price to stay between $ 5.02 and its current price of $5.91 at the end of the 90-day period is about 9.74 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.61 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trio Tech will likely underperform. Additionally Trio Tech International has an alpha of 0.1569, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trio Tech Price Density |
| Price |
Predictive Modules for Trio Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trio Tech International. 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.Trio Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trio Tech is not an exception. The market had few large corrections towards the Trio Tech'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 Trio Tech International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trio Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.61 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | 0.05 |
Trio Tech 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 Trio Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trio Tech International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trio Tech had very high historical volatility over the last 90 days | |
| Trio Tech has a very strong financial position based on the latest SEC filings | |
| About 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Trio-Tech International Coverage Initiated by Analysts at StockNews.com |
Trio Tech 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 Trio Stock often depends not only on the future outlook of the current and potential Trio Tech's 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. Trio Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.3 M | |
| Cash And Short Term Investments | 16.5 M |
Trio Tech Technical Analysis
Trio Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Trio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trio Tech International. In general, you should focus on analyzing Trio Stock price patterns and their correlations with different microeconomic environments and drivers.
Trio Tech Predictive Forecast Models
Trio Tech's time-series forecasting models is one of many Trio Tech'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 Trio Tech'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 Trio Tech International
Checking the ongoing alerts about Trio Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trio Tech International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trio Tech had very high historical volatility over the last 90 days | |
| Trio Tech has a very strong financial position based on the latest SEC filings | |
| About 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Trio-Tech International Coverage Initiated by Analysts at StockNews.com |
Additional Tools for Trio Stock Analysis
When running Trio Tech's price analysis, check to measure Trio Tech'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 Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.