Planet Green Holdings Stock Probability of Future Stock Price Finishing Under 0.02
| PLAG Stock | USD 2.26 0.05 2.16% |
Planet |
Planet Green Target Price Odds to finish below 0.02
The tendency of Planet 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 $ 0.02 or more in 90 days |
| 2.26 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Planet Green to drop to $ 0.02 or more in 90 days from now is near 1 (This Planet Green Holdings probability density function shows the probability of Planet Stock to fall within a particular range of prices over 90 days) . Probability of Planet Green Holdings price to stay between $ 0.02 and its current price of $2.26 at the end of the 90-day period is about 47.23 .
Given the investment horizon of 90 days Planet Green Holdings has a beta of -2.07 indicating as returns on its benchmark rise, returns on holding Planet Green Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Planet Green is expected to outperform its benchmark. Moreover Planet Green Holdings has an alpha of 1.2286, implying that it can generate a 1.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Planet Green Price Density |
| Price |
Predictive Modules for Planet Green
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Planet Green Holdings. 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.Planet Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Planet Green is not an exception. The market had few large corrections towards the Planet Green'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 Planet Green Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Planet Green within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.23 | |
β | Beta against Dow Jones | -2.07 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | 0.10 |
Planet Green 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 Planet Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Planet Green Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Planet Green is way too risky over 90 days horizon | |
| Planet Green appears to be risky and price may revert if volatility continues | |
| Planet Green has high likelihood to experience some financial distress in the next 2 years | |
| Planet Green Holdings currently holds 3.81 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Planet Green Holdings has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Planet Green's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 27.12 M. Net Loss for the year was (20.84 M) with profit before overhead, payroll, taxes, and interest of 3.85 M. | |
| Planet Green Holdings currently holds about 299.65 K in cash with (5.28 M) of positive cash flow from operations. | |
| Planet Green has a poor financial position based on the latest SEC disclosures | |
| Roughly 42.0% of Planet Green outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Green Planet Stock Surges Amidst Market Fluctuations |
Planet Green 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 Planet Stock often depends not only on the future outlook of the current and potential Planet Green'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. Planet Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.2 M | |
| Cash And Short Term Investments | 436.4 K |
Planet Green Technical Analysis
Planet Green's future price can be derived by breaking down and analyzing its technical indicators over time. Planet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Planet Green Holdings. In general, you should focus on analyzing Planet Stock price patterns and their correlations with different microeconomic environments and drivers.
Planet Green Predictive Forecast Models
Planet Green's time-series forecasting models is one of many Planet Green'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 Planet Green'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 Planet Green Holdings
Checking the ongoing alerts about Planet Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Planet Green Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Planet Green is way too risky over 90 days horizon | |
| Planet Green appears to be risky and price may revert if volatility continues | |
| Planet Green has high likelihood to experience some financial distress in the next 2 years | |
| Planet Green Holdings currently holds 3.81 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Planet Green Holdings has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Planet Green's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 27.12 M. Net Loss for the year was (20.84 M) with profit before overhead, payroll, taxes, and interest of 3.85 M. | |
| Planet Green Holdings currently holds about 299.65 K in cash with (5.28 M) of positive cash flow from operations. | |
| Planet Green has a poor financial position based on the latest SEC disclosures | |
| Roughly 42.0% of Planet Green outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Green Planet Stock Surges Amidst Market Fluctuations |
Check out Planet Green Backtesting, Planet Green Valuation, Planet Green Correlation, Planet Green Hype Analysis, Planet Green Volatility, Planet Green History as well as Planet Green Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Green. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.45) | Revenue Per Share 2.426 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.49) |
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Green's market value can be influenced by many factors that don't directly affect Planet Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.