Ttec Holdings Stock Probability of Future Stock Price Finishing Over 7.72
| TTEC Stock | USD 7.69 0.12 1.59% |
Closest to current price TTEC long CALL Option Payoff at Expiration
TTEC |
TTEC Holdings Target Price Odds to finish over 7.72
The tendency of TTEC 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 $ 7.72 or more in 90 days |
| 7.69 | 90 days | 7.72 | about 80.58 |
Based on a normal probability distribution, the odds of TTEC Holdings to move over $ 7.72 or more in 90 days from now is about 80.58 (This TTEC Holdings probability density function shows the probability of TTEC Stock to fall within a particular range of prices over 90 days) . Probability of TTEC Holdings price to stay between its current price of $ 7.69 and $ 7.72 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days TTEC Holdings has a beta of -0.0276. This usually implies as returns on the benchmark increase, returns on holding TTEC Holdings are expected to decrease at a much lower rate. During a bear market, however, TTEC Holdings is likely to outperform the market. Additionally TTEC Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. TTEC Holdings Price Density |
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Predictive Modules for TTEC Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TTEC Holdings. 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 TTEC Holdings' 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.
TTEC Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TTEC Holdings is not an exception. The market had few large corrections towards the TTEC Holdings' 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 TTEC Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TTEC Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -1.27 | |
β | Beta against NYSE Composite | -0.03 | |
σ | Overall volatility | 3.93 | |
Ir | Information ratio | -0.28 |
TTEC Holdings 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 TTEC Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TTEC Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TTEC Holdings generated a negative expected return over the last 90 days | |
| TTEC Holdings has high historical volatility and very poor performance | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| On 30th of April 2024 TTEC Holdings paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Heres Why TTEC Holdings Is Weighed Down By Its Debt Load |
TTEC Holdings 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 TTEC Stock often depends not only on the future outlook of the current and potential TTEC Holdings' 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. TTEC Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.4 M | |
| Cash And Short Term Investments | 173.9 M |
TTEC Holdings Technical Analysis
TTEC Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. TTEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TTEC Holdings. In general, you should focus on analyzing TTEC Stock price patterns and their correlations with different microeconomic environments and drivers.
TTEC Holdings Predictive Forecast Models
TTEC Holdings' time-series forecasting models is one of many TTEC Holdings' 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 TTEC Holdings' 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 TTEC Holdings
Checking the ongoing alerts about TTEC Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TTEC Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TTEC Holdings generated a negative expected return over the last 90 days | |
| TTEC Holdings has high historical volatility and very poor performance | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| On 30th of April 2024 TTEC Holdings paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Heres Why TTEC Holdings Is Weighed Down By Its Debt Load |
Check out TTEC Holdings Backtesting, TTEC Holdings Valuation, TTEC Holdings Correlation, TTEC Holdings Hype Analysis, TTEC Holdings Volatility, TTEC Holdings History as well as TTEC Holdings Performance. For information on how to trade TTEC Stock refer to our How to Trade TTEC Stock guide.Note that the TTEC Holdings information on this page should be used as a complementary analysis to other TTEC Holdings' 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for TTEC Stock analysis
When running TTEC Holdings' price analysis, check to measure TTEC Holdings' 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 TTEC Holdings is operating at the current time. Most of TTEC Holdings' value examination focuses on studying past and present price action to predict the probability of TTEC Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTEC Holdings' price. Additionally, you may evaluate how the addition of TTEC Holdings to your portfolios can decrease your overall portfolio volatility.
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Is TTEC Holdings' 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 TTEC Holdings. If investors know TTEC 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 TTEC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.58 | Earnings Share (0.26) | Revenue Per Share 50.78 | Quarterly Revenue Growth (0.09) |
The market value of TTEC Holdings is measured differently than its book value, which is the value of TTEC that is recorded on the company's balance sheet. Investors also form their own opinion of TTEC Holdings' value that differs from its market value or its book value, called intrinsic value, which is TTEC Holdings' 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 TTEC Holdings' market value can be influenced by many factors that don't directly affect TTEC Holdings' 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 TTEC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTEC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTEC Holdings' 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.