Titan Machinery Stock Probability of Future Stock Price Finishing Under 18.09
| TITN Stock | USD 22.79 0.28 1.21% |
Closest to current price Titan long CALL Option Payoff at Expiration
Titan |
Titan Machinery Target Price Odds to finish below 18.09
The tendency of Titan 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 drop to $ 18.09 or more in 90 days |
| 22.79 | 90 days | 18.09 | near 1 |
Based on a normal probability distribution, the odds of Titan Machinery to drop to $ 18.09 or more in 90 days from now is near 1 (This Titan Machinery probability density function shows the probability of Titan Stock to fall within a particular range of prices over 90 days) . Probability of Titan Machinery price to stay between $ 18.09 and its current price of $22.79 at the end of the 90-day period is roughly 2.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.3 . 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, Titan Machinery will likely underperform. Additionally Titan Machinery has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Titan Machinery Price Density |
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Predictive Modules for Titan Machinery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Titan Machinery. 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 Titan Machinery'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.
Titan Machinery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Titan Machinery is not an exception. The market had few large corrections towards the Titan Machinery'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 Titan Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Titan Machinery within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.31 | |
β | Beta against NYSE Composite | 2.30 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.1 |
Titan Machinery 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 Titan Machinery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Titan Machinery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Titan Machinery generated a negative expected return over the last 90 days | |
| Titan Machinery currently holds about 142.06 M in cash with (400.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.38. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from thestar.com: QMJHL roundup Boilard plays OT hero, Drakkar beat Titan 6-5 to lead series 3-0 |
Titan Machinery 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 Titan Stock often depends not only on the future outlook of the current and potential Titan Machinery'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. Titan Machinery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.5 M | |
| Cash And Short Term Investments | 38.1 M |
Titan Machinery Technical Analysis
Titan Machinery's future price can be derived by breaking down and analyzing its technical indicators over time. Titan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Titan Machinery. In general, you should focus on analyzing Titan Stock price patterns and their correlations with different microeconomic environments and drivers.
Titan Machinery Predictive Forecast Models
Titan Machinery's time-series forecasting models is one of many Titan Machinery'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 Titan Machinery'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 Titan Machinery
Checking the ongoing alerts about Titan Machinery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Titan Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Titan Machinery generated a negative expected return over the last 90 days | |
| Titan Machinery currently holds about 142.06 M in cash with (400.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.38. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from thestar.com: QMJHL roundup Boilard plays OT hero, Drakkar beat Titan 6-5 to lead series 3-0 |
Check out Titan Machinery Backtesting, Titan Machinery Valuation, Titan Machinery Correlation, Titan Machinery Hype Analysis, Titan Machinery Volatility, Titan Machinery History as well as Titan Machinery Performance. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Titan Stock analysis
When running Titan Machinery's price analysis, check to measure Titan Machinery'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 Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.
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Is Titan Machinery'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 Titan Machinery. If investors know Titan 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 Titan Machinery 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 0.326 | Earnings Share 4.93 | Revenue Per Share 122.636 | Quarterly Revenue Growth 0.462 | Return On Assets 0.0664 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery'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 Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery'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 Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery'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.