Flight Centre Travel Stock Probability of Future Pink Sheet Price Finishing Over 13.51
| FGETF Stock | USD 13.51 0.00 0.00% |
Flight |
Flight Centre Target Price Odds to finish over 13.51
The tendency of Flight 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 above the current price in 90 days |
| 13.51 | 90 days | 13.51 | about 98.0 |
Based on a normal probability distribution, the odds of Flight Centre to move above the current price in 90 days from now is about 98.0 (This Flight Centre Travel probability density function shows the probability of Flight Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Flight Centre has a beta of 0.0317. This usually indicates as returns on the market go up, Flight Centre average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Flight Centre Travel will be expected to be much smaller as well. Additionally Flight Centre Travel has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Flight Centre Price Density |
| Price |
Predictive Modules for Flight Centre
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flight Centre Travel. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flight Centre'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.
Flight Centre Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Flight Centre is not an exception. The market had few large corrections towards the Flight Centre'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 Flight Centre Travel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Flight Centre within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 0.03 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.3 |
Flight Centre 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 Flight Centre for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Flight Centre Travel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Flight Centre Travel generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.01 B. Net Loss for the year was (286.65 M) with profit before overhead, payroll, taxes, and interest of 112.32 M. | |
| Flight Centre Travel has accumulated about 866.15 M in cash with (101.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.34. | |
| Roughly 20.0% of the company shares are held by company insiders |
Flight Centre 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 Flight Pink Sheet often depends not only on the future outlook of the current and potential Flight Centre'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. Flight Centre's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.8 M |
Flight Centre Technical Analysis
Flight Centre's future price can be derived by breaking down and analyzing its technical indicators over time. Flight Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flight Centre Travel. In general, you should focus on analyzing Flight Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Flight Centre Predictive Forecast Models
Flight Centre's time-series forecasting models is one of many Flight Centre'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 Flight Centre'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 Flight Centre Travel
Checking the ongoing alerts about Flight Centre for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Flight Centre Travel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Flight Centre Travel generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.01 B. Net Loss for the year was (286.65 M) with profit before overhead, payroll, taxes, and interest of 112.32 M. | |
| Flight Centre Travel has accumulated about 866.15 M in cash with (101.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.34. | |
| Roughly 20.0% of the company shares are held by company insiders |
Check out Flight Centre Backtesting, Flight Centre Valuation, Flight Centre Correlation, Flight Centre Hype Analysis, Flight Centre Volatility, Flight Centre History as well as Flight Centre Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Flight Pink Sheet analysis
When running Flight Centre's price analysis, check to measure Flight Centre'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 Flight Centre is operating at the current time. Most of Flight Centre's value examination focuses on studying past and present price action to predict the probability of Flight Centre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flight Centre's price. Additionally, you may evaluate how the addition of Flight Centre to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |