Truworths International (South Africa) Probability of Future Stock Price Finishing Under 10,235
| TRU Stock | 10,398 129.00 1.26% |
Truworths |
Truworths International Target Price Odds to finish below 10,235
The tendency of Truworths 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 below current price in 90 days |
| 10,398 | 90 days | 10,398 | about 33.81 |
Based on a normal probability distribution, the odds of Truworths International to move below current price in 90 days from now is about 33.81 (This Truworths International probability density function shows the probability of Truworths Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Truworths International has a beta of 0.28. This usually implies as returns on the market go up, Truworths International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Truworths International will be expected to be much smaller as well. Additionally Truworths International has an alpha of 0.0855, implying that it can generate a 0.0855 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Truworths International Price Density |
| Price |
Predictive Modules for Truworths International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Truworths 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.Truworths International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Truworths International is not an exception. The market had few large corrections towards the Truworths International'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 Truworths International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Truworths International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 358.59 | |
Ir | Information ratio | 0.03 |
Truworths International 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 Truworths International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Truworths 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.| Truworths International generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors |
Truworths International 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 Truworths Stock often depends not only on the future outlook of the current and potential Truworths International'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. Truworths International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 388.7 M | |
| Cash And Short Term Investments | 1.1 B |
Truworths International Technical Analysis
Truworths International's future price can be derived by breaking down and analyzing its technical indicators over time. Truworths Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Truworths International. In general, you should focus on analyzing Truworths Stock price patterns and their correlations with different microeconomic environments and drivers.
Truworths International Predictive Forecast Models
Truworths International's time-series forecasting models is one of many Truworths International'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 Truworths International'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 Truworths International
Checking the ongoing alerts about Truworths International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Truworths International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Truworths International generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors |
Other Information on Investing in Truworths Stock
Truworths International financial ratios help investors to determine whether Truworths Stock 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 Truworths with respect to the benefits of owning Truworths International security.