Plantify Foods Stock Probability of Future Stock Price Finishing Under -0.0541
| PTFY Stock | 0.23 0.02 8.00% |
Plantify |
Plantify Foods Target Price Odds to finish below -0.0541
The tendency of Plantify 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 (0.05) or more in 90 days |
| 0.23 | 90 days | (0.05) | near 1 |
Based on a normal probability distribution, the odds of Plantify Foods to drop to (0.05) or more in 90 days from now is near 1 (This Plantify Foods probability density function shows the probability of Plantify Stock to fall within a particular range of prices over 90 days) . Probability of Plantify Foods price to stay between (0.05) and its current price of 0.23 at the end of the 90-day period is about 1.28 .
Assuming the 90 days trading horizon Plantify Foods has a beta of -0.0618 indicating as returns on the benchmark increase, returns on holding Plantify Foods are expected to decrease at a much lower rate. During a bear market, however, Plantify Foods is likely to outperform the market. Additionally Plantify Foods 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. Plantify Foods Price Density |
| Price |
Predictive Modules for Plantify Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plantify Foods. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plantify Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Plantify Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plantify Foods is not an exception. The market had few large corrections towards the Plantify Foods' 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 Plantify Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plantify Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.88 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.27 |
Plantify Foods 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 Plantify Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plantify Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plantify Foods generated a negative expected return over the last 90 days | |
| Plantify Foods has high historical volatility and very poor performance | |
| Plantify Foods has some characteristics of a very speculative penny stock | |
| Plantify Foods has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 604 K. Net Loss for the year was (2.43 M) with profit before overhead, payroll, taxes, and interest of 2 K. | |
| Plantify Foods generates negative cash flow from operations | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Plantify Foods Leverages Shares for Services - TipRanks |
Plantify Foods 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 Plantify Stock often depends not only on the future outlook of the current and potential Plantify Foods' 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. Plantify Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 369.4 M | |
| Shares Float | 1 M |
Plantify Foods Technical Analysis
Plantify Foods' future price can be derived by breaking down and analyzing its technical indicators over time. Plantify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plantify Foods. In general, you should focus on analyzing Plantify Stock price patterns and their correlations with different microeconomic environments and drivers.
Plantify Foods Predictive Forecast Models
Plantify Foods' time-series forecasting models is one of many Plantify Foods' 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 Plantify Foods' 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 Plantify Foods
Checking the ongoing alerts about Plantify Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plantify Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plantify Foods generated a negative expected return over the last 90 days | |
| Plantify Foods has high historical volatility and very poor performance | |
| Plantify Foods has some characteristics of a very speculative penny stock | |
| Plantify Foods has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 604 K. Net Loss for the year was (2.43 M) with profit before overhead, payroll, taxes, and interest of 2 K. | |
| Plantify Foods generates negative cash flow from operations | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Plantify Foods Leverages Shares for Services - TipRanks |
Additional Tools for Plantify Stock Analysis
When running Plantify Foods' price analysis, check to measure Plantify Foods' 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 Plantify Foods is operating at the current time. Most of Plantify Foods' value examination focuses on studying past and present price action to predict the probability of Plantify Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plantify Foods' price. Additionally, you may evaluate how the addition of Plantify Foods to your portfolios can decrease your overall portfolio volatility.