Talgo SA (Spain) Odds of Future Stock Price Finishing Over 4.40
| TLGO Stock | EUR 4.40 0.03 0.68% |
Talgo |
Talgo SA Target Price Odds to finish over 4.40
The tendency of Talgo 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 |
| 4.40 | 90 days | 4.40 | about 34.46 |
Based on a normal probability distribution, the odds of Talgo SA to move above the current price in 90 days from now is about 34.46 (This Talgo SA probability density function shows the probability of Talgo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Talgo SA has a beta of -0.36. This usually implies as returns on the benchmark increase, returns on holding Talgo SA are expected to decrease at a much lower rate. During a bear market, however, Talgo SA is likely to outperform the market. Additionally Talgo SA has an alpha of 0.0713, implying that it can generate a 0.0713 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Talgo SA Price Density |
| Price |
Predictive Modules for Talgo SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Talgo SA. 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 Talgo SA'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.
Talgo SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Talgo SA is not an exception. The market had few large corrections towards the Talgo SA'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 Talgo SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Talgo SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | -0.36 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.01 |
Talgo SA 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 Talgo SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Talgo SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Talgo SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 51.0% of the company outstanding shares are owned by corporate insiders |
Talgo SA 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 Talgo Stock often depends not only on the future outlook of the current and potential Talgo SA'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. Talgo SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 122.9 M | |
| Cash And Short Term Investments | 253 M |
Talgo SA Technical Analysis
Talgo SA's future price can be derived by breaking down and analyzing its technical indicators over time. Talgo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Talgo SA. In general, you should focus on analyzing Talgo Stock price patterns and their correlations with different microeconomic environments and drivers.
Talgo SA Predictive Forecast Models
Talgo SA's time-series forecasting models is one of many Talgo SA'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 Talgo SA'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 Talgo SA
Checking the ongoing alerts about Talgo SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Talgo SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Talgo SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 51.0% of the company outstanding shares are owned by corporate insiders |
Check out Talgo SA Backtesting, Talgo SA Valuation, Talgo SA Correlation, Talgo SA Hype Analysis, Talgo SA Volatility, Talgo SA History as well as Talgo SA Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Talgo Stock analysis
When running Talgo SA's price analysis, check to measure Talgo SA'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 Talgo SA is operating at the current time. Most of Talgo SA's value examination focuses on studying past and present price action to predict the probability of Talgo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talgo SA's price. Additionally, you may evaluate how the addition of Talgo SA to your portfolios can decrease your overall portfolio volatility.
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