Performance Technologies (Greece) Probability of Future Stock Price Finishing Over 5.43
| PERF Stock | EUR 7.19 0.30 4.35% |
Performance |
Performance Technologies Target Price Odds to finish over 5.43
The tendency of Performance 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 above € 5.43 in 90 days |
| 7.19 | 90 days | 5.43 | about 82.49 |
Based on a normal probability distribution, the odds of Performance Technologies to stay above € 5.43 in 90 days from now is about 82.49 (This Performance Technologies SA probability density function shows the probability of Performance Stock to fall within a particular range of prices over 90 days) . Probability of Performance Technologies price to stay between € 5.43 and its current price of €7.19 at the end of the 90-day period is about 74.13 .
Assuming the 90 days trading horizon Performance Technologies SA has a beta of -0.0911 indicating as returns on the benchmark increase, returns on holding Performance Technologies are expected to decrease at a much lower rate. During a bear market, however, Performance Technologies SA is likely to outperform the market. Additionally Performance Technologies SA has an alpha of 0.4485, implying that it can generate a 0.45 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Performance Technologies Price Density |
| Price |
Predictive Modules for Performance Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Performance Technologies. 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 Performance Technologies' 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.
Performance Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Performance Technologies is not an exception. The market had few large corrections towards the Performance Technologies' 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 Performance Technologies SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Performance Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.45 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | 0.17 |
Performance Technologies 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 Performance Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Performance Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has €1.88 Million in debt which may indicate that it relies heavily on debt financing | |
| About 64.0% of the company outstanding shares are owned by corporate insiders |
Performance Technologies 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 Performance Stock often depends not only on the future outlook of the current and potential Performance Technologies' 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. Performance Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 365.4 K | |
| Cash And Short Term Investments | 10.7 M | |
| Forward Annual Dividend Rate | 0.04 |
Performance Technologies Technical Analysis
Performance Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Performance Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Performance Technologies SA. In general, you should focus on analyzing Performance Stock price patterns and their correlations with different microeconomic environments and drivers.
Performance Technologies Predictive Forecast Models
Performance Technologies' time-series forecasting models is one of many Performance Technologies' 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 Performance Technologies' 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 Performance Technologies
Checking the ongoing alerts about Performance Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Performance Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has €1.88 Million in debt which may indicate that it relies heavily on debt financing | |
| About 64.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Performance Stock Analysis
When running Performance Technologies' price analysis, check to measure Performance Technologies' 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 Performance Technologies is operating at the current time. Most of Performance Technologies' value examination focuses on studying past and present price action to predict the probability of Performance Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Technologies' price. Additionally, you may evaluate how the addition of Performance Technologies to your portfolios can decrease your overall portfolio volatility.