TravelCenters Of America Probability of Future Stock Price Finishing Over 86.00
| TADelisted Stock | USD 86.00 0.03 0.03% |
TravelCenters |
TravelCenters Target Price Odds to finish over 86.00
The tendency of TravelCenters 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 |
| 86.00 | 90 days | 86.00 | about 36.66 |
Based on a normal probability distribution, the odds of TravelCenters to move above the current price in 90 days from now is about 36.66 (This TravelCenters Of America probability density function shows the probability of TravelCenters Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 3.01 . 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, TravelCenters will likely underperform. Additionally TravelCenters Of America has an alpha of 0.8669, implying that it can generate a 0.87 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TravelCenters Price Density |
| Price |
Predictive Modules for TravelCenters
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TravelCenters Of America. 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 TravelCenters' 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.
TravelCenters Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TravelCenters is not an exception. The market had few large corrections towards the TravelCenters' 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 TravelCenters Of America, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TravelCenters within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.87 | |
β | Beta against NYSE Composite | 3.01 | |
σ | Overall volatility | 10.94 | |
Ir | Information ratio | 0.12 |
TravelCenters 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 TravelCenters for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TravelCenters Of America can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TravelCenters is not yet fully synchronised with the market data | |
| TravelCenters has a very high chance of going through financial distress in the upcoming years | |
| About 71.0% of the company shares are owned by institutional investors |
TravelCenters 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 TravelCenters Stock often depends not only on the future outlook of the current and potential TravelCenters' 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. TravelCenters' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.4 M | |
| Cash And Short Term Investments | 416 M |
TravelCenters Technical Analysis
TravelCenters' future price can be derived by breaking down and analyzing its technical indicators over time. TravelCenters Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TravelCenters Of America. In general, you should focus on analyzing TravelCenters Stock price patterns and their correlations with different microeconomic environments and drivers.
TravelCenters Predictive Forecast Models
TravelCenters' time-series forecasting models is one of many TravelCenters' 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 TravelCenters' 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 TravelCenters Of America
Checking the ongoing alerts about TravelCenters for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TravelCenters Of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TravelCenters is not yet fully synchronised with the market data | |
| TravelCenters has a very high chance of going through financial distress in the upcoming years | |
| About 71.0% of the company shares are owned by institutional investors |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the TravelCenters Of America information on this page should be used as a complementary analysis to other TravelCenters' 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in TravelCenters Stock
If you are still planning to invest in TravelCenters Of America check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TravelCenters' history and understand the potential risks before investing.
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