Techprecision Common Stock Probability of Future Stock Price Finishing Over 4.2
| TPCS Stock | USD 3.46 0.09 2.54% |
TechPrecision |
TechPrecision Common Target Price Odds to finish over 4.2
The tendency of TechPrecision 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 over $ 4.20 or more in 90 days |
| 3.46 | 90 days | 4.20 | about 55.6 |
Based on a normal probability distribution, the odds of TechPrecision Common to move over $ 4.20 or more in 90 days from now is about 55.6 (This TechPrecision Common probability density function shows the probability of TechPrecision Stock to fall within a particular range of prices over 90 days) . Probability of TechPrecision Common price to stay between its current price of $ 3.46 and $ 4.20 at the end of the 90-day period is about 32.56 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.86 . 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, TechPrecision Common will likely underperform. Additionally TechPrecision Common has an alpha of 0.2366, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TechPrecision Common Price Density |
| Price |
Predictive Modules for TechPrecision Common
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TechPrecision Common. 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 TechPrecision Common'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.
TechPrecision Common Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TechPrecision Common is not an exception. The market had few large corrections towards the TechPrecision Common'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 TechPrecision Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TechPrecision Common within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | 1.86 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | 0.04 |
TechPrecision Common 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 TechPrecision Common for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TechPrecision Common can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TechPrecision Common had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 31.43 M. Net Loss for the year was (979.01 K) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| TechPrecision Common has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Acquisition by Holly Michael R of 10000 shares of TechPrecision Common at 0.1 subject to Rule 16b-3 |
TechPrecision Common 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 TechPrecision Stock often depends not only on the future outlook of the current and potential TechPrecision Common'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. TechPrecision Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 534.5 K |
TechPrecision Common Technical Analysis
TechPrecision Common's future price can be derived by breaking down and analyzing its technical indicators over time. TechPrecision Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TechPrecision Common. In general, you should focus on analyzing TechPrecision Stock price patterns and their correlations with different microeconomic environments and drivers.
TechPrecision Common Predictive Forecast Models
TechPrecision Common's time-series forecasting models is one of many TechPrecision Common'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 TechPrecision Common'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 TechPrecision Common
Checking the ongoing alerts about TechPrecision Common for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TechPrecision Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TechPrecision Common had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 31.43 M. Net Loss for the year was (979.01 K) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| TechPrecision Common has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Acquisition by Holly Michael R of 10000 shares of TechPrecision Common at 0.1 subject to Rule 16b-3 |
Check out TechPrecision Common Backtesting, TechPrecision Common Valuation, TechPrecision Common Correlation, TechPrecision Common Hype Analysis, TechPrecision Common Volatility, TechPrecision Common History as well as TechPrecision Common Performance. For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for TechPrecision Stock analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
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| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
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| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is TechPrecision Common'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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 3.515 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) | Return On Equity (0.21) |
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.