Panostaja Oyj (Finland) Probability of Future Stock Price Finishing Under 0.38
| PNA1V Stock | EUR 0.40 0.01 2.56% |
Panostaja |
Panostaja Oyj Target Price Odds to finish below 0.38
The tendency of Panostaja 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 € 0.38 or more in 90 days |
| 0.40 | 90 days | 0.38 | about 23.61 |
Based on a normal probability distribution, the odds of Panostaja Oyj to drop to € 0.38 or more in 90 days from now is about 23.61 (This Panostaja Oyj probability density function shows the probability of Panostaja Stock to fall within a particular range of prices over 90 days) . Probability of Panostaja Oyj price to stay between € 0.38 and its current price of €0.4 at the end of the 90-day period is about 26.24 .
Assuming the 90 days trading horizon Panostaja Oyj has a beta of -1.47 indicating as returns on its benchmark rise, returns on holding Panostaja Oyj are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Panostaja Oyj is expected to outperform its benchmark. Additionally Panostaja Oyj has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Panostaja Oyj Price Density |
| Price |
Predictive Modules for Panostaja Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Panostaja Oyj. 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 Panostaja Oyj's 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.
Panostaja Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Panostaja Oyj is not an exception. The market had few large corrections towards the Panostaja Oyj'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 Panostaja Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Panostaja Oyj within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | -1.47 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.08 |
Panostaja Oyj 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 Panostaja Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Panostaja Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Panostaja Oyj generated a negative expected return over the last 90 days | |
| Panostaja Oyj has some characteristics of a very speculative penny stock | |
| Panostaja Oyj has accumulated €18.87 Million in debt which can lead to volatile earnings | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Panostaja Oyj 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 Panostaja Stock often depends not only on the future outlook of the current and potential Panostaja Oyj'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. Panostaja Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.6 M |
Panostaja Oyj Technical Analysis
Panostaja Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Panostaja Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Panostaja Oyj. In general, you should focus on analyzing Panostaja Stock price patterns and their correlations with different microeconomic environments and drivers.
Panostaja Oyj Predictive Forecast Models
Panostaja Oyj's time-series forecasting models is one of many Panostaja Oyj'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 Panostaja Oyj'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 Panostaja Oyj
Checking the ongoing alerts about Panostaja Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Panostaja Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Panostaja Oyj generated a negative expected return over the last 90 days | |
| Panostaja Oyj has some characteristics of a very speculative penny stock | |
| Panostaja Oyj has accumulated €18.87 Million in debt which can lead to volatile earnings | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Check out Panostaja Oyj Backtesting, Panostaja Oyj Valuation, Panostaja Oyj Correlation, Panostaja Oyj Hype Analysis, Panostaja Oyj Volatility, Panostaja Oyj History as well as Panostaja Oyj Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Panostaja Stock analysis
When running Panostaja Oyj's price analysis, check to measure Panostaja Oyj'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 Panostaja Oyj is operating at the current time. Most of Panostaja Oyj's value examination focuses on studying past and present price action to predict the probability of Panostaja Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panostaja Oyj's price. Additionally, you may evaluate how the addition of Panostaja Oyj to your portfolios can decrease your overall portfolio volatility.
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