Papaya Growth Opportunity Stock Probability of Future Stock Price Finishing Over 11.50
| PPYAU Stock | USD 11.19 0.00 0.00% |
Papaya |
Papaya Growth Target Price Odds to finish over 11.50
The tendency of Papaya 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 $ 11.50 or more in 90 days |
| 11.19 | 90 days | 11.50 | near 1 |
Based on a normal probability distribution, the odds of Papaya Growth to move over $ 11.50 or more in 90 days from now is near 1 (This Papaya Growth Opportunity probability density function shows the probability of Papaya Stock to fall within a particular range of prices over 90 days) . Probability of Papaya Growth Opportunity price to stay between its current price of $ 11.19 and $ 11.50 at the end of the 90-day period is about 41.54 .
Assuming the 90 days horizon Papaya Growth Opportunity has a beta of -0.0249 indicating as returns on the benchmark increase, returns on holding Papaya Growth are expected to decrease at a much lower rate. During a bear market, however, Papaya Growth Opportunity is likely to outperform the market. Additionally Papaya Growth Opportunity has an alpha of 0.0163, implying that it can generate a 0.0163 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Papaya Growth Price Density |
| Price |
Predictive Modules for Papaya Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Papaya Growth Opportunity. 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.Papaya Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Papaya Growth is not an exception. The market had few large corrections towards the Papaya Growth'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 Papaya Growth Opportunity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Papaya Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.01 |
Papaya Growth 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 Papaya Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Papaya Growth Opportunity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Papaya Growth generated a negative expected return over the last 90 days | |
| Papaya Growth has a very high chance of going through financial distress in the upcoming years | |
| Papaya Growth Opportunity has accumulated 2.62 M in total debt with debt to equity ratio (D/E) of 3.13, implying the company greatly relies on financing operations through barrowing. Papaya Growth Opportunity has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Papaya Growth's use of debt, we should always consider it together with its cash and equity. | |
| Papaya Growth Opportunity has accumulated about 1.19 M in cash with (4.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Papaya Growth has a frail financial position based on the latest SEC disclosures |
Papaya Growth 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 Papaya Stock often depends not only on the future outlook of the current and potential Papaya Growth'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. Papaya Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.4 M | |
| Cash And Short Term Investments | 2013.00 |
Papaya Growth Technical Analysis
Papaya Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Papaya Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Papaya Growth Opportunity. In general, you should focus on analyzing Papaya Stock price patterns and their correlations with different microeconomic environments and drivers.
Papaya Growth Predictive Forecast Models
Papaya Growth's time-series forecasting models is one of many Papaya Growth'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 Papaya Growth'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 Papaya Growth Opportunity
Checking the ongoing alerts about Papaya Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Papaya Growth Opportunity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Papaya Growth generated a negative expected return over the last 90 days | |
| Papaya Growth has a very high chance of going through financial distress in the upcoming years | |
| Papaya Growth Opportunity has accumulated 2.62 M in total debt with debt to equity ratio (D/E) of 3.13, implying the company greatly relies on financing operations through barrowing. Papaya Growth Opportunity has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Papaya Growth's use of debt, we should always consider it together with its cash and equity. | |
| Papaya Growth Opportunity has accumulated about 1.19 M in cash with (4.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Papaya Growth has a frail financial position based on the latest SEC disclosures |
Additional Tools for Papaya Stock Analysis
When running Papaya Growth's price analysis, check to measure Papaya Growth'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 Papaya Growth is operating at the current time. Most of Papaya Growth's value examination focuses on studying past and present price action to predict the probability of Papaya Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papaya Growth's price. Additionally, you may evaluate how the addition of Papaya Growth to your portfolios can decrease your overall portfolio volatility.