PetroChina Company (Germany) Probability of Future Stock Price Finishing Under 0.67
| PC6 Stock | EUR 0.67 0.01 1.52% |
PetroChina |
PetroChina Company Target Price Odds to finish below 0.67
The tendency of PetroChina 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 below current price in 90 days |
| 0.67 | 90 days | 0.67 | about 49.87 |
Based on a normal probability distribution, the odds of PetroChina Company to move below current price in 90 days from now is about 49.87 (This PetroChina Company Limited probability density function shows the probability of PetroChina Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon PetroChina Company has a beta of 0.16 indicating as returns on the market go up, PetroChina Company average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PetroChina Company Limited will be expected to be much smaller as well. Additionally PetroChina Company Limited has an alpha of 0.4815, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PetroChina Company Price Density |
| Price |
Predictive Modules for PetroChina Company
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PetroChina Limited. 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.PetroChina Company Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PetroChina Company is not an exception. The market had few large corrections towards the PetroChina Company'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 PetroChina Company Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PetroChina Company within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.06 |
PetroChina Company 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 PetroChina Company for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PetroChina Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PetroChina Limited is way too risky over 90 days horizon | |
| PetroChina Limited has some characteristics of a very speculative penny stock | |
| PetroChina Limited appears to be risky and price may revert if volatility continues | |
| PetroChina Company Limited has accumulated 287.18 B in total debt with debt to equity ratio (D/E) of 42.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PetroChina Limited has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PetroChina Company until it has trouble settling it off, either with new capital or with free cash flow. So, PetroChina Company's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PetroChina Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PetroChina to invest in growth at high rates of return. When we think about PetroChina Company's use of debt, we should always consider it together with cash and equity. |
PetroChina Company 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 PetroChina Stock often depends not only on the future outlook of the current and potential PetroChina Company'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. PetroChina Company's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 183 B |
PetroChina Company Technical Analysis
PetroChina Company's future price can be derived by breaking down and analyzing its technical indicators over time. PetroChina Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PetroChina Company Limited. In general, you should focus on analyzing PetroChina Stock price patterns and their correlations with different microeconomic environments and drivers.
PetroChina Company Predictive Forecast Models
PetroChina Company's time-series forecasting models is one of many PetroChina Company'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 PetroChina Company'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 PetroChina Limited
Checking the ongoing alerts about PetroChina Company for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PetroChina Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PetroChina Limited is way too risky over 90 days horizon | |
| PetroChina Limited has some characteristics of a very speculative penny stock | |
| PetroChina Limited appears to be risky and price may revert if volatility continues | |
| PetroChina Company Limited has accumulated 287.18 B in total debt with debt to equity ratio (D/E) of 42.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PetroChina Limited has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PetroChina Company until it has trouble settling it off, either with new capital or with free cash flow. So, PetroChina Company's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PetroChina Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PetroChina to invest in growth at high rates of return. When we think about PetroChina Company's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in PetroChina Stock
PetroChina Company financial ratios help investors to determine whether PetroChina Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PetroChina with respect to the benefits of owning PetroChina Company security.