Transphorm Technology Stock Probability of Future Stock Price Finishing Over 4.89
| TGAN Stock | USD 4.89 0.01 0.20% |
Transphorm |
Transphorm Technology Target Price Odds to finish over 4.89
The tendency of Transphorm 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 |
| 4.89 | 90 days | 4.89 | about 31.33 |
Based on a normal probability distribution, the odds of Transphorm Technology to move above the current price in 90 days from now is about 31.33 (This Transphorm Technology probability density function shows the probability of Transphorm Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Transphorm Technology has a beta of 0.18. This usually implies as returns on the market go up, Transphorm Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Transphorm Technology will be expected to be much smaller as well. Additionally Transphorm Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Transphorm Technology Price Density |
| Price |
Predictive Modules for Transphorm Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transphorm Technology. 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 Transphorm Technology'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.
Transphorm Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transphorm Technology is not an exception. The market had few large corrections towards the Transphorm Technology'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 Transphorm Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transphorm Technology within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 0.18 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.11 |
Transphorm Technology 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 Transphorm Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transphorm Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 18.58 M. Net Loss for the year was (33.83 M) with loss before overhead, payroll, taxes, and interest of (950 K). | |
| Transphorm Technology currently holds about 42.61 M in cash with (29.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75. | |
| Roughly 66.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: TransphormSuperGaNPCIM 2024 |
Transphorm Technology 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 Transphorm Stock often depends not only on the future outlook of the current and potential Transphorm Technology'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. Transphorm Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.2 M | |
| Cash And Short Term Investments | 15.5 M |
Transphorm Technology Technical Analysis
Transphorm Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Transphorm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transphorm Technology. In general, you should focus on analyzing Transphorm Stock price patterns and their correlations with different microeconomic environments and drivers.
Transphorm Technology Predictive Forecast Models
Transphorm Technology's time-series forecasting models is one of many Transphorm Technology'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 Transphorm Technology'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 Transphorm Technology
Checking the ongoing alerts about Transphorm Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transphorm Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 18.58 M. Net Loss for the year was (33.83 M) with loss before overhead, payroll, taxes, and interest of (950 K). | |
| Transphorm Technology currently holds about 42.61 M in cash with (29.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75. | |
| Roughly 66.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: TransphormSuperGaNPCIM 2024 |
Check out Transphorm Technology Backtesting, Transphorm Technology Valuation, Transphorm Technology Correlation, Transphorm Technology Hype Analysis, Transphorm Technology Volatility, Transphorm Technology History as well as Transphorm Technology Performance. To learn how to invest in Transphorm Stock, please use our How to Invest in Transphorm Technology guide.Note that the Transphorm Technology information on this page should be used as a complementary analysis to other Transphorm Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Transphorm Stock analysis
When running Transphorm Technology's price analysis, check to measure Transphorm Technology'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 Transphorm Technology is operating at the current time. Most of Transphorm Technology's value examination focuses on studying past and present price action to predict the probability of Transphorm Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transphorm Technology's price. Additionally, you may evaluate how the addition of Transphorm Technology to your portfolios can decrease your overall portfolio volatility.
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Is Transphorm Technology's 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 Transphorm Technology. If investors know Transphorm 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 Transphorm Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.70) | Revenue Per Share 0.311 | Quarterly Revenue Growth 0.039 | Return On Assets (0.46) | Return On Equity (1.44) |
The market value of Transphorm Technology is measured differently than its book value, which is the value of Transphorm that is recorded on the company's balance sheet. Investors also form their own opinion of Transphorm Technology's value that differs from its market value or its book value, called intrinsic value, which is Transphorm Technology's 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 Transphorm Technology's market value can be influenced by many factors that don't directly affect Transphorm Technology's 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 Transphorm Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transphorm Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transphorm Technology's 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.