Pets At (UK) Odds of Future Stock Price Finishing Under 293.51
| PETS Stock | 211.00 3.60 1.74% |
Pets |
Pets At Target Price Odds to finish below 293.51
The tendency of Pets 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 stay under 293.51 after 90 days |
| 211.00 | 90 days | 293.51 | about 74.81 |
Based on a normal probability distribution, the odds of Pets At to stay under 293.51 after 90 days from now is about 74.81 (This Pets at Home probability density function shows the probability of Pets Stock to fall within a particular range of prices over 90 days) . Probability of Pets at Home price to stay between its current price of 211.00 and 293.51 at the end of the 90-day period is about 71.27 .
Assuming the 90 days trading horizon Pets At has a beta of 0.0856 indicating as returns on the market go up, Pets At average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pets at Home will be expected to be much smaller as well. Additionally Pets at Home 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. Pets At Price Density |
| Price |
Predictive Modules for Pets At
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pets at Home. 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.Pets At Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pets At is not an exception. The market had few large corrections towards the Pets At'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 Pets at Home, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pets At within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 33.45 | |
Ir | Information ratio | -0.2 |
Pets At 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 Pets At for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pets at Home can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pets at Home generated a negative expected return over the last 90 days | |
| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Pets at Home Group Sets New 52-Week Low - Whats Next - MarketBeat |
Pets At 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 Pets Stock often depends not only on the future outlook of the current and potential Pets At'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. Pets At's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 482.7 M | |
| Cash And Short Term Investments | 57.1 M |
Pets At Technical Analysis
Pets At's future price can be derived by breaking down and analyzing its technical indicators over time. Pets Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pets at Home. In general, you should focus on analyzing Pets Stock price patterns and their correlations with different microeconomic environments and drivers.
Pets At Predictive Forecast Models
Pets At's time-series forecasting models is one of many Pets At'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 Pets At'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 Pets at Home
Checking the ongoing alerts about Pets At for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pets at Home help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pets at Home generated a negative expected return over the last 90 days | |
| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Pets at Home Group Sets New 52-Week Low - Whats Next - MarketBeat |
Additional Tools for Pets Stock Analysis
When running Pets At's price analysis, check to measure Pets At'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 Pets At is operating at the current time. Most of Pets At's value examination focuses on studying past and present price action to predict the probability of Pets At's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pets At's price. Additionally, you may evaluate how the addition of Pets At to your portfolios can decrease your overall portfolio volatility.