Texas Gulf Energy Stock Probability of Future Pink Sheet Price Finishing Under 2,745
| TXGE Stock | USD 2,557 0.96 0.04% |
Texas |
Texas Gulf Target Price Odds to finish below 2,745
The tendency of Texas 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 move below current price in 90 days |
| 2,557 | 90 days | 2,557 | about 13.78 |
Based on a normal probability distribution, the odds of Texas Gulf to move below current price in 90 days from now is about 13.78 (This Texas Gulf Energy probability density function shows the probability of Texas Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Texas Gulf has a beta of 0.39. This usually implies as returns on the market go up, Texas Gulf average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Texas Gulf Energy will be expected to be much smaller as well. Additionally Texas Gulf Energy 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. Texas Gulf Price Density |
| Price |
Predictive Modules for Texas Gulf
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Texas Gulf Energy. 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.Texas Gulf Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Texas Gulf is not an exception. The market had few large corrections towards the Texas Gulf'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 Texas Gulf Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Texas Gulf within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 114.95 | |
Ir | Information ratio | -0.06 |
Texas Gulf 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 Texas Gulf for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Texas Gulf Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Texas Gulf Energy generated a negative expected return over the last 90 days | |
| Texas Gulf Energy currently holds 585.97 K in liabilities with Debt to Equity (D/E) ratio of 1.13, which is about average as compared to similar companies. Texas Gulf Energy has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Texas Gulf until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Gulf's 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 Texas Gulf Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Gulf's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 9.5 M. Net Loss for the year was (289.33 K) with profit before overhead, payroll, taxes, and interest of 1.73 M. |
Texas Gulf Technical Analysis
Texas Gulf's future price can be derived by breaking down and analyzing its technical indicators over time. Texas Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Texas Gulf Energy. In general, you should focus on analyzing Texas Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Texas Gulf Predictive Forecast Models
Texas Gulf's time-series forecasting models is one of many Texas Gulf's 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 Texas Gulf'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Texas Gulf Energy
Checking the ongoing alerts about Texas Gulf for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Texas Gulf Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Texas Gulf Energy generated a negative expected return over the last 90 days | |
| Texas Gulf Energy currently holds 585.97 K in liabilities with Debt to Equity (D/E) ratio of 1.13, which is about average as compared to similar companies. Texas Gulf Energy has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Texas Gulf until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Gulf's 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 Texas Gulf Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Gulf's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 9.5 M. Net Loss for the year was (289.33 K) with profit before overhead, payroll, taxes, and interest of 1.73 M. |
Other Information on Investing in Texas Pink Sheet
Texas Gulf financial ratios help investors to determine whether Texas 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 Texas with respect to the benefits of owning Texas Gulf security.