Tritium Dcfc Stock Probability of Future Stock Price Finishing Under 0.01
| DCFC Stock | USD 0.41 0.17 29.31% |
Tritium |
Tritium Dcfc Target Price Odds to finish below 0.01
The tendency of Tritium 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 $ 0.01 or more in 90 days |
| 0.41 | 90 days | 0.01 | about 18.03 |
Based on a normal probability distribution, the odds of Tritium Dcfc to drop to $ 0.01 or more in 90 days from now is about 18.03 (This Tritium Dcfc probability density function shows the probability of Tritium Stock to fall within a particular range of prices over 90 days) . Probability of Tritium Dcfc price to stay between $ 0.01 and its current price of $0.41 at the end of the 90-day period is about 1.89 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.92 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tritium Dcfc will likely underperform. Additionally Tritium Dcfc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Tritium Dcfc Price Density |
| Price |
Predictive Modules for Tritium Dcfc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tritium Dcfc. 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 Tritium Dcfc'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.
Tritium Dcfc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tritium Dcfc is not an exception. The market had few large corrections towards the Tritium Dcfc'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 Tritium Dcfc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tritium Dcfc within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -2.28 | |
β | Beta against NYSE Composite | 3.92 | |
σ | Overall volatility | 5.74 | |
Ir | Information ratio | -0.13 |
Tritium Dcfc 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 Tritium Dcfc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tritium Dcfc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tritium Dcfc generated a negative expected return over the last 90 days | |
| Tritium Dcfc has high historical volatility and very poor performance | |
| Tritium Dcfc has some characteristics of a very speculative penny stock | |
| Tritium Dcfc has a very high chance of going through financial distress in the upcoming years | |
| Tritium Dcfchas 5,005,977 shares shorted by Tritium Dcfc investors is about 400% of outstending shares | |
| The company reported the previous year's revenue of 184.54 M. Net Loss for the year was (121.37 M) with loss before overhead, payroll, taxes, and interest of (4.08 M). | |
| Tritium Dcfc generates negative cash flow from operations | |
| Tritium Dcfc has a frail financial position based on the latest SEC disclosures | |
| About 27.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tritium DCFC CEO Resigns from Board - TipRanks.com - TipRanks |
Tritium Dcfc 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 Tritium Stock often depends not only on the future outlook of the current and potential Tritium Dcfc'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. Tritium Dcfc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.4 M | |
| Cash And Short Term Investments | 29.4 M |
Tritium Dcfc Technical Analysis
Tritium Dcfc's future price can be derived by breaking down and analyzing its technical indicators over time. Tritium Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tritium Dcfc. In general, you should focus on analyzing Tritium Stock price patterns and their correlations with different microeconomic environments and drivers.
Tritium Dcfc Predictive Forecast Models
Tritium Dcfc's time-series forecasting models is one of many Tritium Dcfc'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 Tritium Dcfc'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 Tritium Dcfc
Checking the ongoing alerts about Tritium Dcfc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tritium Dcfc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tritium Dcfc generated a negative expected return over the last 90 days | |
| Tritium Dcfc has high historical volatility and very poor performance | |
| Tritium Dcfc has some characteristics of a very speculative penny stock | |
| Tritium Dcfc has a very high chance of going through financial distress in the upcoming years | |
| Tritium Dcfchas 5,005,977 shares shorted by Tritium Dcfc investors is about 400% of outstending shares | |
| The company reported the previous year's revenue of 184.54 M. Net Loss for the year was (121.37 M) with loss before overhead, payroll, taxes, and interest of (4.08 M). | |
| Tritium Dcfc generates negative cash flow from operations | |
| Tritium Dcfc has a frail financial position based on the latest SEC disclosures | |
| About 27.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tritium DCFC CEO Resigns from Board - TipRanks.com - TipRanks |
Additional Information and Resources on Investing in Tritium Stock
When determining whether Tritium Dcfc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tritium Dcfc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tritium Dcfc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tritium Dcfc Stock:Check out Tritium Dcfc Backtesting, Tritium Dcfc Valuation, Tritium Dcfc Correlation, Tritium Dcfc Hype Analysis, Tritium Dcfc Volatility, Tritium Dcfc History as well as Tritium Dcfc Performance. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Industrial Machinery & Supplies & Components space 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 Tritium Dcfc. If investors know Tritium 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 Tritium Dcfc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (156.00) | Revenue Per Share 237.507 | Quarterly Revenue Growth 2.881 | Return On Assets (0.25) |
The market value of Tritium Dcfc is measured differently than its book value, which is the value of Tritium that is recorded on the company's balance sheet. Investors also form their own opinion of Tritium Dcfc's value that differs from its market value or its book value, called intrinsic value, which is Tritium Dcfc'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 Tritium Dcfc's market value can be influenced by many factors that don't directly affect Tritium Dcfc'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 Tritium Dcfc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tritium Dcfc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tritium Dcfc'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.