Tucows Inc Stock Chance of Future Stock Price Finishing Over 19.39
| TCX Stock | USD 19.39 0.76 3.77% |
Closest to current price Tucows long CALL Option Payoff at Expiration
Tucows |
Tucows Target Price Odds to finish over 19.39
The tendency of Tucows 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 |
| 19.39 | 90 days | 19.39 | about 30.2 |
Based on a normal probability distribution, the odds of Tucows to move above the current price in 90 days from now is about 30.2 (This Tucows Inc probability density function shows the probability of Tucows Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Tucows has a beta of 0.39. This usually implies as returns on the market go up, Tucows average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tucows Inc will be expected to be much smaller as well. Additionally Tucows Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Tucows Price Density |
| Price |
Predictive Modules for Tucows
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tucows Inc. 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 Tucows' 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.
Tucows Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tucows is not an exception. The market had few large corrections towards the Tucows' 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 Tucows Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tucows within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | -0.06 |
Tucows 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 Tucows for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tucows Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tucows Inc generated a negative expected return over the last 90 days | |
| Tucows Inc has high historical volatility and very poor performance | |
| The company has 568.29 M in debt with debt to equity (D/E) ratio of 2.14, meaning that the company heavily relies on borrowing funds for operations. Tucows Inc has a current ratio of 0.35, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Tucows until it has trouble settling it off, either with new capital or with free cash flow. So, Tucows' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tucows Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tucows to invest in growth at high rates of return. When we think about Tucows' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 339.34 M. Reported Net Loss for the year was (96.2 M) with profit before taxes, overhead, and interest of 107.44 M. | |
| Tucows Inc has about 6.51 M in cash with (4.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6. | |
| Over 80.0% of Tucows shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Tucows Inc. Q1 2024 Earnings Call Transcript |
Tucows 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 Tucows Stock often depends not only on the future outlook of the current and potential Tucows' 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. Tucows' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 96.3 M |
Tucows Technical Analysis
Tucows' future price can be derived by breaking down and analyzing its technical indicators over time. Tucows Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tucows Inc. In general, you should focus on analyzing Tucows Stock price patterns and their correlations with different microeconomic environments and drivers.
Tucows Predictive Forecast Models
Tucows' time-series forecasting models is one of many Tucows' 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 Tucows' 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 Tucows Inc
Checking the ongoing alerts about Tucows for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tucows Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tucows Inc generated a negative expected return over the last 90 days | |
| Tucows Inc has high historical volatility and very poor performance | |
| The company has 568.29 M in debt with debt to equity (D/E) ratio of 2.14, meaning that the company heavily relies on borrowing funds for operations. Tucows Inc has a current ratio of 0.35, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Tucows until it has trouble settling it off, either with new capital or with free cash flow. So, Tucows' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tucows Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tucows to invest in growth at high rates of return. When we think about Tucows' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 339.34 M. Reported Net Loss for the year was (96.2 M) with profit before taxes, overhead, and interest of 107.44 M. | |
| Tucows Inc has about 6.51 M in cash with (4.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6. | |
| Over 80.0% of Tucows shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Tucows Inc. Q1 2024 Earnings Call Transcript |
Check out Tucows Backtesting, Tucows Valuation, Tucows Correlation, Tucows Hype Analysis, Tucows Volatility, Tucows History as well as Tucows Performance. Note that the Tucows Inc information on this page should be used as a complementary analysis to other Tucows' 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Tucows Stock analysis
When running Tucows' price analysis, check to measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.
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Is Tucows' 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 Tucows. If investors know Tucows 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 Tucows 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 0.902 | Earnings Share (9.50) | Revenue Per Share 31.796 | Quarterly Revenue Growth 0.087 | Return On Assets (0.05) |
The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' 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 Tucows' market value can be influenced by many factors that don't directly affect Tucows' 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 Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' 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.