Poet Technologies Stock Probability of Future Stock Price Finishing Over 1.97
| POET Stock | USD 1.97 0.16 7.51% |
POET |
POET Technologies Target Price Odds to finish over 1.97
The tendency of POET 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 above the current price in 90 days |
| 1.97 | 90 days | 1.97 | about 24.01 |
Based on a normal probability distribution, the odds of POET Technologies to move above the current price in 90 days from now is about 24.01 (This POET Technologies probability density function shows the probability of POET Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.77 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, POET Technologies will likely underperform. Additionally POET Technologies has an alpha of 0.761, implying that it can generate a 0.76 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). POET Technologies Price Density |
| Price |
Predictive Modules for POET 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 POET 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 POET 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.
POET Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. POET Technologies is not an exception. The market had few large corrections towards the POET 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 POET Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of POET Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.76 | |
β | Beta against NYSE Composite | 3.77 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | 0.09 |
POET 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 POET Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for POET 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.| POET Technologies is way too risky over 90 days horizon | |
| POET Technologies may become a speculative penny stock | |
| POET Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 474.32 K. Net Loss for the year was (20.64 M) with profit before overhead, payroll, taxes, and interest of 209.1 K. | |
| POET Technologies currently holds about 13.76 M in cash with (15.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| POET Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Closing Bell Poet Technologies Inc down on Wednesday - The Globe and Mail |
POET 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 POET Stock often depends not only on the future outlook of the current and potential POET 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. POET Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.1 M | |
| Cash And Short Term Investments | 3 M |
POET Technologies Technical Analysis
POET Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. POET Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of POET Technologies. In general, you should focus on analyzing POET Stock price patterns and their correlations with different microeconomic environments and drivers.
POET Technologies Predictive Forecast Models
POET Technologies' time-series forecasting models is one of many POET 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 POET 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 POET Technologies
Checking the ongoing alerts about POET Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for POET Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| POET Technologies is way too risky over 90 days horizon | |
| POET Technologies may become a speculative penny stock | |
| POET Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 474.32 K. Net Loss for the year was (20.64 M) with profit before overhead, payroll, taxes, and interest of 209.1 K. | |
| POET Technologies currently holds about 13.76 M in cash with (15.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| POET Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Closing Bell Poet Technologies Inc down on Wednesday - The Globe and Mail |
Check out POET Technologies Backtesting, POET Technologies Valuation, POET Technologies Correlation, POET Technologies Hype Analysis, POET Technologies Volatility, POET Technologies History as well as POET Technologies Performance. For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.Note that the POET Technologies information on this page should be used as a complementary analysis to other POET Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for POET Stock analysis
When running POET Technologies' price analysis, check to measure POET 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.
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Is POET Technologies' industry 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 POET Technologies. If investors know POET 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 POET Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 0.007 | Quarterly Revenue Growth (0.95) | Return On Assets (0.98) | Return On Equity (2.17) |
The market value of POET Technologies is measured differently than its book value, which is the value of POET that is recorded on the company's balance sheet. Investors also form their own opinion of POET Technologies' value that differs from its market value or its book value, called intrinsic value, which is POET Technologies' 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 POET Technologies' market value can be influenced by many factors that don't directly affect POET Technologies' 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 POET Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if POET Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, POET Technologies' 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.