Fuel Tech Probability of Target Price Finishing Above 0.85

FTEK -- USA Stock  

USD 1.01  0.01  0.98%

Fuel Tech probability of target price tool provides mechanism to make assumptions about upside and downside potential of Fuel Tech performance during a given time horizon utilizing its historical volatility. Please specify Fuel Tech time horizon, a valid symbol (red box) and a target price (blue box) you would like Fuel Tech odds to be computed. Additionally see Fuel Tech Backtesting, Fuel Tech Valuation, Fuel Tech Correlation, Fuel Tech Hype Analysis, Fuel Tech Volatility, Fuel Tech History as well as Fuel Tech Performance.
Horizon     30 Days    Login   to change
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Fuel Tech Target Price Odds to finish below 0.85

Current PriceHorizonTarget PriceOdds to drop to $ 0.85  or more in 30 days
 1.01 30 days 0.85 
ABOUT 7.79%
Based on normal probability distribution, the odds of Fuel Tech to drop to $ 0.85  or more in 30 days from now is about 7.79% (This Fuel Tech probability density function shows the probability of Fuel Tech Stock to fall within a particular range of prices over 30 days) . Probability of Fuel Tech price to stay between $ 0.85  and its current price of $1.01 at the end of the 30-day period is about 21.15%.
Given the investment horizon of 30 days, Fuel Tech has beta of 0.9563 suggesting Fuel Tech market returns are responsive to returns on the market. As the market goes up or down, Fuel Tech is expected to follow. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Fuel Tech is significantly underperforming DOW.
 Fuel Tech Price Density 
      Price 
α
Alpha over DOW
=0.25
β
Beta against DOW=0.96
σ
Overall volatility
=0.19
Ir
Information ratio =0.07

Fuel Tech Alerts and Suggestions

Fuel Tech generates negative expected return over the last 30 days
Fuel Tech has some characteristics of a very speculative penny stock
Fuel Tech has high historical volatility and very poor performance
The company reported previous year revenue of 51M. Net Loss for the year was (260K) with profit before overhead, payroll, taxes, and interest of 20.06M.
About 28.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Fuel Tech exotic insider transaction detected

Fuel TechPrice Density Drivers

Shares Percent Shares Out0.28%
Short Percent Of Float0.35%
Float Shares16.76M
Average Daily Volume Last 10 Day80.18k
Shares Short Prior Month183.93k
Average Daily Volume In Three Month103.57k
Date Short InterestAugust 15, 2019
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