Tigi (Israel) Chance of Future Stock Price Finishing Over 959.9
| TIGI Stock | ILA 1,499 202.00 11.88% |
Tigi |
Tigi Target Price Odds to finish over 959.9
The tendency of Tigi 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 stay above 959.90 in 90 days |
| 1,499 | 90 days | 959.90 | about 6.67 |
Based on a normal probability distribution, the odds of Tigi to stay above 959.90 in 90 days from now is about 6.67 (This Tigi probability density function shows the probability of Tigi Stock to fall within a particular range of prices over 90 days) . Probability of Tigi price to stay between 959.90 and its current price of 1499.0 at the end of the 90-day period is about 6.58 .
Assuming the 90 days trading horizon Tigi has a beta of -0.79. This usually implies as returns on the benchmark increase, returns on holding Tigi are expected to decrease at a much lower rate. During a bear market, however, Tigi is likely to outperform the market. In addition to that Tigi has an alpha of 3.0956, implying that it can generate a 3.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Tigi Price Density |
| Price |
Predictive Modules for Tigi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tigi. 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 Tigi'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.
Tigi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tigi is not an exception. The market had few large corrections towards the Tigi'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 Tigi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tigi within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 3.10 | |
β | Beta against NYSE Composite | -0.79 | |
σ | Overall volatility | 330.63 | |
Ir | Information ratio | 0.28 |
Tigi 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 Tigi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tigi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tigi is way too risky over 90 days horizon | |
| Tigi appears to be risky and price may revert if volatility continues |
Tigi Technical Analysis
Tigi's future price can be derived by breaking down and analyzing its technical indicators over time. Tigi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tigi. In general, you should focus on analyzing Tigi Stock price patterns and their correlations with different microeconomic environments and drivers.
Tigi Predictive Forecast Models
Tigi's time-series forecasting models is one of many Tigi'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 Tigi'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 Tigi
Checking the ongoing alerts about Tigi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tigi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tigi is way too risky over 90 days horizon | |
| Tigi appears to be risky and price may revert if volatility continues |
Check out Tigi Backtesting, Tigi Valuation, Tigi Correlation, Tigi Hype Analysis, Tigi Volatility, Tigi History as well as Tigi Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Tigi Stock analysis
When running Tigi's price analysis, check to measure Tigi'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 Tigi is operating at the current time. Most of Tigi's value examination focuses on studying past and present price action to predict the probability of Tigi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tigi's price. Additionally, you may evaluate how the addition of Tigi to your portfolios can decrease your overall portfolio volatility.
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