Transact Technologies Incorporated Stock Probability of Future Stock Price Finishing Under 11.93
| TACT Stock | USD 4.65 0.01 0.21% |
Closest to current price TransAct long PUT Option Payoff at Expiration
TransAct |
TransAct Technologies Target Price Odds to finish below 11.93
The tendency of TransAct 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 stay under $ 11.93 after 90 days |
| 4.65 | 90 days | 11.93 | close to 99 |
Based on a normal probability distribution, the odds of TransAct Technologies to stay under $ 11.93 after 90 days from now is close to 99 (This TransAct Technologies Incorporated probability density function shows the probability of TransAct Stock to fall within a particular range of prices over 90 days) . Probability of TransAct Technologies price to stay between its current price of $ 4.65 and $ 11.93 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days TransAct Technologies has a beta of 0.95. This usually implies TransAct Technologies Incorporated market returns are related to returns on the market. As the market goes up or down, TransAct Technologies is expected to follow. Additionally TransAct Technologies Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. TransAct Technologies Price Density |
| Price |
Predictive Modules for TransAct Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TransAct Technologies. 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 TransAct Technologies' 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.
TransAct Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TransAct Technologies is not an exception. The market had few large corrections towards the TransAct Technologies' 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 TransAct Technologies Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TransAct Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.74 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 1.15 | |
Ir | Information ratio | -0.27 |
TransAct Technologies 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 TransAct Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TransAct Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TransAct Technologies generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Haydee Olinger of 6700 shares of TransAct Technologies subject to Rule 16b-3 |
TransAct Technologies 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 TransAct Stock often depends not only on the future outlook of the current and potential TransAct Technologies' 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. TransAct Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10 M | |
| Cash And Short Term Investments | 12.3 M |
TransAct Technologies Technical Analysis
TransAct Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. TransAct Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TransAct Technologies Incorporated. In general, you should focus on analyzing TransAct Stock price patterns and their correlations with different microeconomic environments and drivers.
TransAct Technologies Predictive Forecast Models
TransAct Technologies' time-series forecasting models is one of many TransAct Technologies' 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 TransAct Technologies' 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 TransAct Technologies
Checking the ongoing alerts about TransAct Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TransAct Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TransAct Technologies generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Haydee Olinger of 6700 shares of TransAct Technologies subject to Rule 16b-3 |
Check out TransAct Technologies Backtesting, TransAct Technologies Valuation, TransAct Technologies Correlation, TransAct Technologies Hype Analysis, TransAct Technologies Volatility, TransAct Technologies History as well as TransAct Technologies Performance. Note that the TransAct Technologies information on this page should be used as a complementary analysis to other TransAct Technologies' 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for TransAct Stock analysis
When running TransAct Technologies' price analysis, check to measure TransAct Technologies' 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 TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is TransAct Technologies' 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 TransAct Technologies. If investors know TransAct 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 TransAct Technologies 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 0.8 | Earnings Share 0.47 | Revenue Per Share 7.299 | Quarterly Revenue Growth (0.26) | Return On Assets 0.0673 |
The market value of TransAct Technologies is measured differently than its book value, which is the value of TransAct that is recorded on the company's balance sheet. Investors also form their own opinion of TransAct Technologies' value that differs from its market value or its book value, called intrinsic value, which is TransAct Technologies' 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 TransAct Technologies' market value can be influenced by many factors that don't directly affect TransAct Technologies' 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 TransAct Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAct Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAct Technologies' 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.