Pengana Private (Australia) Probability of Future Stock Price Finishing Over 1.46
| PE1 Stock | 1.14 0.03 2.56% |
Pengana |
Pengana Private Target Price Odds to finish over 1.46
The tendency of Pengana 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 over 1.46 or more in 90 days |
| 1.14 | 90 days | 1.46 | near 1 |
Based on a normal probability distribution, the odds of Pengana Private to move over 1.46 or more in 90 days from now is near 1 (This Pengana Private Equity probability density function shows the probability of Pengana Stock to fall within a particular range of prices over 90 days) . Probability of Pengana Private Equity price to stay between its current price of 1.14 and 1.46 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Pengana Private Equity has a beta of -0.11 indicating as returns on the benchmark increase, returns on holding Pengana Private are expected to decrease at a much lower rate. During a bear market, however, Pengana Private Equity is likely to outperform the market. Additionally Pengana Private Equity 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. Pengana Private Price Density |
| Price |
Predictive Modules for Pengana Private
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pengana Private Equity. 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.Pengana Private Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pengana Private is not an exception. The market had few large corrections towards the Pengana Private'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 Pengana Private Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pengana Private within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.12 |
Pengana Private 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 Pengana Private for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pengana Private Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pengana Private generated a negative expected return over the last 90 days | |
| Pengana Private may become a speculative penny stock | |
| The company reported the revenue of 7.23 M. Net Loss for the year was (134 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pengana Private generates negative cash flow from operations | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
Pengana Private 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 Pengana Stock often depends not only on the future outlook of the current and potential Pengana Private'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. Pengana Private's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 278.2 M | |
| Dividends Paid | 16.2 M | |
| Cash And Short Term Investments | 10.9 M | |
| Forward Annual Dividend Rate | 0.07 |
Pengana Private Technical Analysis
Pengana Private's future price can be derived by breaking down and analyzing its technical indicators over time. Pengana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pengana Private Equity. In general, you should focus on analyzing Pengana Stock price patterns and their correlations with different microeconomic environments and drivers.
Pengana Private Predictive Forecast Models
Pengana Private's time-series forecasting models is one of many Pengana Private'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 Pengana Private'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 Pengana Private Equity
Checking the ongoing alerts about Pengana Private for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pengana Private Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pengana Private generated a negative expected return over the last 90 days | |
| Pengana Private may become a speculative penny stock | |
| The company reported the revenue of 7.23 M. Net Loss for the year was (134 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pengana Private generates negative cash flow from operations | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Pengana Stock Analysis
When running Pengana Private's price analysis, check to measure Pengana Private'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 Pengana Private is operating at the current time. Most of Pengana Private's value examination focuses on studying past and present price action to predict the probability of Pengana Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pengana Private's price. Additionally, you may evaluate how the addition of Pengana Private to your portfolios can decrease your overall portfolio volatility.