Highpeak Energy Stock Probability of Future Stock Price Finishing Under 3.49
| HPKEW Stock | USD 3.75 0.24 6.02% |
HighPeak |
HighPeak Energy Target Price Odds to finish below 3.49
The tendency of HighPeak 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 drop to $ 3.49 or more in 90 days |
| 3.75 | 90 days | 3.49 | roughly 2.92 |
Based on a normal probability distribution, the odds of HighPeak Energy to drop to $ 3.49 or more in 90 days from now is roughly 2.92 (This HighPeak Energy probability density function shows the probability of HighPeak Stock to fall within a particular range of prices over 90 days) . Probability of HighPeak Energy price to stay between $ 3.49 and its current price of $3.75 at the end of the 90-day period is about 6.54 .
Assuming the 90 days horizon the stock has the beta coefficient of 6.6 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HighPeak Energy will likely underperform. Additionally HighPeak Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. HighPeak Energy Price Density |
| Price |
Predictive Modules for HighPeak Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HighPeak Energy. 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 HighPeak Energy'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.
HighPeak Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HighPeak Energy is not an exception. The market had few large corrections towards the HighPeak Energy'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 HighPeak Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HighPeak Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 6.60 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.02 |
HighPeak Energy 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 HighPeak Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HighPeak Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HighPeak Energy had very high historical volatility over the last 90 days | |
| HighPeak Energy is unlikely to experience financial distress in the next 2 years | |
| HighPeak Energy has accumulated 1.15 B in total debt. HighPeak Energy has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about HighPeak Energy's use of debt, we should always consider it together with its cash and equity. | |
| HighPeak Energy has a very strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Acquisition by Michael Hollis of 9256 shares of HighPeak Energy at 22.42 subject to Rule 16b-3 |
HighPeak Energy 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 HighPeak Stock often depends not only on the future outlook of the current and potential HighPeak Energy'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. HighPeak Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123 M | |
| Cash And Short Term Investments | 194.5 M |
HighPeak Energy Technical Analysis
HighPeak Energy's future price can be derived by breaking down and analyzing its technical indicators over time. HighPeak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HighPeak Energy. In general, you should focus on analyzing HighPeak Stock price patterns and their correlations with different microeconomic environments and drivers.
HighPeak Energy Predictive Forecast Models
HighPeak Energy's time-series forecasting models is one of many HighPeak Energy'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 HighPeak Energy'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 HighPeak Energy
Checking the ongoing alerts about HighPeak Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HighPeak Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HighPeak Energy had very high historical volatility over the last 90 days | |
| HighPeak Energy is unlikely to experience financial distress in the next 2 years | |
| HighPeak Energy has accumulated 1.15 B in total debt. HighPeak Energy has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about HighPeak Energy's use of debt, we should always consider it together with its cash and equity. | |
| HighPeak Energy has a very strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Acquisition by Michael Hollis of 9256 shares of HighPeak Energy at 22.42 subject to Rule 16b-3 |
Additional Tools for HighPeak Stock Analysis
When running HighPeak Energy's price analysis, check to measure HighPeak Energy'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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.