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Sunday, 08/15/2021 10:48:22 PM

Sunday, August 15, 2021 10:48:22 PM

Post# of 1579
From Wallstreetfacts:

Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. Tattooed Chef Inc has a beta of 1. Knowing all of this, we project that Tattooed Chef Inc will have a price of $28.917 in 12-months compared to its current price of $17.01

We can also take a look at the company’s market cap. Market cap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects because it reflects what investors are willing to pay for its stock. Tattooed Chef Inc has a market cap of $1393776795.
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