Tat Techno Stock Probability of Future Stock Price Finishing Over 6.11
| TATT Stock | USD 11.38 0.27 2.43% |
Tat |
Tat Techno Target Price Odds to finish over 6.11
The tendency of Tat 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 $ 6.11 in 90 days |
| 11.38 | 90 days | 6.11 | close to 99 |
Based on a normal probability distribution, the odds of Tat Techno to stay above $ 6.11 in 90 days from now is close to 99 (This Tat Techno probability density function shows the probability of Tat Stock to fall within a particular range of prices over 90 days) . Probability of Tat Techno price to stay between $ 6.11 and its current price of $11.38 at the end of the 90-day period is about 12.46 .
Given the investment horizon of 90 days Tat Techno has a beta of 0.28. This usually implies as returns on the market go up, Tat Techno average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tat Techno will be expected to be much smaller as well. Additionally Tat Techno has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Tat Techno Price Density |
| Price |
Predictive Modules for Tat Techno
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tat Techno. 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 Tat Techno'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.
Tat Techno Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tat Techno is not an exception. The market had few large corrections towards the Tat Techno'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 Tat Techno, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tat Techno within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.08 |
Tat Techno 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 Tat Techno for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tat Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tat Techno generated a negative expected return over the last 90 days | |
| Tat Techno is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Investors Will Want TAT Technologies Growth In ROCE To Persist |
Tat Techno 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 Tat Stock often depends not only on the future outlook of the current and potential Tat Techno'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. Tat Techno's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 M | |
| Cash And Short Term Investments | 16.6 M |
Tat Techno Technical Analysis
Tat Techno's future price can be derived by breaking down and analyzing its technical indicators over time. Tat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tat Techno. In general, you should focus on analyzing Tat Stock price patterns and their correlations with different microeconomic environments and drivers.
Tat Techno Predictive Forecast Models
Tat Techno's time-series forecasting models is one of many Tat Techno'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 Tat Techno'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 Tat Techno
Checking the ongoing alerts about Tat Techno for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tat Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tat Techno generated a negative expected return over the last 90 days | |
| Tat Techno is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Investors Will Want TAT Technologies Growth In ROCE To Persist |
Check out Tat Techno Backtesting, Tat Techno Valuation, Tat Techno Correlation, Tat Techno Hype Analysis, Tat Techno Volatility, Tat Techno History as well as Tat Techno Performance. For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Tat Stock analysis
When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.
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Is Tat Techno's industry 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 Tat Techno. If investors know Tat 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 Tat Techno listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share 0.51 | Revenue Per Share 12.698 | Quarterly Revenue Growth 0.393 | Return On Assets 0.0259 |
The market value of Tat Techno is measured differently than its book value, which is the value of Tat that is recorded on the company's balance sheet. Investors also form their own opinion of Tat Techno's value that differs from its market value or its book value, called intrinsic value, which is Tat Techno'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 Tat Techno's market value can be influenced by many factors that don't directly affect Tat Techno'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 Tat Techno's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tat Techno is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tat Techno'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.