PennantPark Floating (Israel) Probability of Future Stock Price Finishing Over 515.56

PFLT Stock  ILA 41.73  10.25  32.56%   
PennantPark Floating's future price is the expected price of PennantPark Floating instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of PennantPark Floating Rate performance during a given time horizon utilizing its historical volatility. Check out PennantPark Floating Backtesting, PennantPark Floating Valuation, PennantPark Floating Correlation, PennantPark Floating Hype Analysis, PennantPark Floating Volatility, PennantPark Floating History as well as PennantPark Floating Performance.
  
Please specify PennantPark Floating's target price for which you would like PennantPark Floating odds to be computed.

PennantPark Floating Target Price Odds to finish over 515.56

The tendency of PennantPark 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 PriceHorizonTarget PriceOdds to move over  515.56  or more in 90 days
 41.73 90 days 515.56 
close to zero percent
Based on a normal probability distribution, the odds of PennantPark Floating to move over  515.56  or more in 90 days from now is close to zero percent (This PennantPark Floating Rate probability density function shows the probability of PennantPark Stock to fall within a particular range of prices over 90 days) . Probability of PennantPark Floating Rate price to stay between its current price of  41.73  and  515.56  at the end of the 90-day period is about 7.73 .
Assuming the 90 days trading horizon PennantPark Floating Rate has a beta of -1.1 indicating In addition to that PennantPark Floating Rate has an alpha of 2.0627, implying that it can generate a 2.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   PennantPark Floating Price Density   
       Price  

Predictive Modules for PennantPark Floating

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PennantPark Floating Rate. 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.
Hype
Prediction
LowEstimatedHigh
35.0241.7348.44
Details
Intrinsic
Valuation
LowRealHigh
30.4337.1443.85
Details

PennantPark Floating Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. PennantPark Floating is not an exception. The market had few large corrections towards the PennantPark Floating'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 PennantPark Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PennantPark Floating within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
2.06
β
Beta against Dow Jones-1.1
σ
Overall volatility
9.61
Ir
Information ratio 0.24

PennantPark Floating 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 PennantPark Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PennantPark Floating Rate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
PennantPark Floating is way too risky over 90 days horizon
PennantPark Floating appears to be risky and price may revert if volatility continues
PennantPark Floating Rate has accumulated about 48.7 M in cash with (49.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.26.

PennantPark Floating 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 PennantPark Stock often depends not only on the future outlook of the current and potential PennantPark Floating'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. PennantPark Floating's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding45.3 M

PennantPark Floating Technical Analysis

PennantPark Floating's future price can be derived by breaking down and analyzing its technical indicators over time. PennantPark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PennantPark Floating Rate. In general, you should focus on analyzing PennantPark Stock price patterns and their correlations with different microeconomic environments and drivers.

PennantPark Floating Predictive Forecast Models

PennantPark Floating's time-series forecasting models is one of many PennantPark Floating'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 PennantPark Floating'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 PennantPark Floating Rate

Checking the ongoing alerts about PennantPark Floating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PennantPark Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
PennantPark Floating is way too risky over 90 days horizon
PennantPark Floating appears to be risky and price may revert if volatility continues
PennantPark Floating Rate has accumulated about 48.7 M in cash with (49.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.26.

Additional Information and Resources on Investing in PennantPark Stock

When determining whether PennantPark Floating Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Floating Rate Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Floating Rate Stock:
Please note, there is a significant difference between PennantPark Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Floating's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.