TORO ENERGY (Germany) Probability of Future Stock Price Finishing Over 0.31
| T4W Stock | EUR 0.31 0.01 3.33% |
TORO |
TORO ENERGY Target Price Odds to finish over 0.31
The tendency of TORO 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 |
| 0.31 | 90 days | 0.31 | about 18.67 |
Based on a normal probability distribution, the odds of TORO ENERGY to move above the current price in 90 days from now is about 18.67 (This TORO ENERGY probability density function shows the probability of TORO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon TORO ENERGY has a beta of -1.47. This usually implies as returns on its benchmark rise, returns on holding TORO ENERGY are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TORO ENERGY is expected to outperform its benchmark. Additionally TORO ENERGY has an alpha of 0.1626, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TORO ENERGY Price Density |
| Price |
Predictive Modules for TORO ENERGY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TORO ENERGY. 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 TORO ENERGY'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.
TORO ENERGY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TORO ENERGY is not an exception. The market had few large corrections towards the TORO ENERGY'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 TORO ENERGY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TORO ENERGY within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | -1.47 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.01 |
TORO ENERGY 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 TORO ENERGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TORO ENERGY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TORO ENERGY generated a negative expected return over the last 90 days | |
| TORO ENERGY has some characteristics of a very speculative penny stock | |
| TORO ENERGY has high historical volatility and very poor performance |
TORO ENERGY 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 TORO Stock often depends not only on the future outlook of the current and potential TORO ENERGY'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. TORO ENERGY's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.9 B | |
| Short Term Investments | 2.4 M |
TORO ENERGY Technical Analysis
TORO ENERGY's future price can be derived by breaking down and analyzing its technical indicators over time. TORO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TORO ENERGY. In general, you should focus on analyzing TORO Stock price patterns and their correlations with different microeconomic environments and drivers.
TORO ENERGY Predictive Forecast Models
TORO ENERGY's time-series forecasting models is one of many TORO ENERGY'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 TORO ENERGY'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 TORO ENERGY
Checking the ongoing alerts about TORO ENERGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TORO ENERGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TORO ENERGY generated a negative expected return over the last 90 days | |
| TORO ENERGY has some characteristics of a very speculative penny stock | |
| TORO ENERGY has high historical volatility and very poor performance |
Check out TORO ENERGY Backtesting, TORO ENERGY Valuation, TORO ENERGY Correlation, TORO ENERGY Hype Analysis, TORO ENERGY Volatility, TORO ENERGY History as well as TORO ENERGY Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for TORO Stock analysis
When running TORO ENERGY's price analysis, check to measure TORO ENERGY'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 TORO ENERGY is operating at the current time. Most of TORO ENERGY's value examination focuses on studying past and present price action to predict the probability of TORO ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TORO ENERGY's price. Additionally, you may evaluate how the addition of TORO ENERGY to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |