Top Glove Pink Sheet Target Price and Analyst Consensus

TGLVY Stock  USD 0.79  0.11  16.18%   
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Top Glove price targets

Top Glove's stock target price is an estimate of its future price, usually made by analysts. Using Top Glove's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Top Glove's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Pink Sheet's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Top Glove's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Top Glove Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Pink Sheet value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Top Glove is a key component of Top Glove valuation and have some predictive power on the future returns of a Top Glove.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Top Glove'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.
Hype
Prediction
LowEstimatedHigh
0.040.795.50
Details
Intrinsic
Valuation
LowRealHigh
0.030.625.33
Details
Naive
Forecast
LowNextHigh
0.020.855.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.590.660.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Top Glove. Your research has to be compared to or analyzed against Top Glove's peers to derive any actionable benefits. When done correctly, Top Glove's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Top Glove.

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Check out Macroaxis Advice on Top Glove to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Top Glove's price analysis, check to measure Top Glove'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 Top Glove is operating at the current time. Most of Top Glove's value examination focuses on studying past and present price action to predict the probability of Top Glove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Glove's price. Additionally, you may evaluate how the addition of Top Glove to your portfolios can decrease your overall portfolio volatility.
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The data published in Top Glove's official financial statements usually reflect Top Glove's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Top Glove. For example, before you start analyzing numbers published by Top accountants, it's critical to develop an understanding of what Top Glove's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Top Glove's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Top Glove's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Top Glove's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Top Glove. Please utilize our Beneish M Score to check the likelihood of Top Glove's management manipulating its earnings.