Faro Technologies Stock Probability of Future Stock Price Finishing Over 19.12
| FARO Stock | USD 19.12 0.45 2.30% |
Closest to current price FARO long CALL Option Payoff at Expiration
FARO |
FARO Technologies Target Price Odds to finish over 19.12
The tendency of FARO 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 above the current price in 90 days |
| 19.12 | 90 days | 19.12 | about 80.9 |
Based on a normal probability distribution, the odds of FARO Technologies to move above the current price in 90 days from now is about 80.9 (This FARO Technologies probability density function shows the probability of FARO Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.47 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FARO Technologies will likely underperform. Additionally FARO Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. FARO Technologies Price Density |
| Price |
Predictive Modules for FARO Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FARO Technologies. 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 FARO Technologies' 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.
FARO Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FARO Technologies is not an exception. The market had few large corrections towards the FARO Technologies' 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 FARO Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FARO Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.35 | |
β | Beta against NYSE Composite | 1.47 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | -0.16 |
FARO Technologies 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 FARO Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FARO Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FARO Technologies generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 358.83 M. Net Loss for the year was (56.58 M) with profit before overhead, payroll, taxes, and interest of 175.76 M. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 1415 shares by Matthew Horwath of FARO Technologies subject to Rule 16b-3 |
FARO Technologies 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 FARO Stock often depends not only on the future outlook of the current and potential FARO Technologies' 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. FARO Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.9 M | |
| Cash And Short Term Investments | 96.3 M |
FARO Technologies Technical Analysis
FARO Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. FARO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FARO Technologies. In general, you should focus on analyzing FARO Stock price patterns and their correlations with different microeconomic environments and drivers.
FARO Technologies Predictive Forecast Models
FARO Technologies' time-series forecasting models is one of many FARO Technologies' 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 FARO Technologies' 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 FARO Technologies
Checking the ongoing alerts about FARO Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FARO Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FARO Technologies generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 358.83 M. Net Loss for the year was (56.58 M) with profit before overhead, payroll, taxes, and interest of 175.76 M. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 1415 shares by Matthew Horwath of FARO Technologies subject to Rule 16b-3 |
Check out FARO Technologies Backtesting, FARO Technologies Valuation, FARO Technologies Correlation, FARO Technologies Hype Analysis, FARO Technologies Volatility, FARO Technologies History as well as FARO Technologies Performance. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for FARO Stock analysis
When running FARO Technologies' price analysis, check to measure FARO Technologies' 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 FARO Technologies is operating at the current time. Most of FARO Technologies' value examination focuses on studying past and present price action to predict the probability of FARO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FARO Technologies' price. Additionally, you may evaluate how the addition of FARO Technologies to your portfolios can decrease your overall portfolio volatility.
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Is FARO Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.25) | Revenue Per Share 18.872 | Quarterly Revenue Growth (0.01) | Return On Assets (0.02) | Return On Equity (0.15) |
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.