Prospect Capital Stock Probability of Future Stock Price Finishing Over 6.43
| PSEC Stock | USD 5.40 0.01 0.18% |
Closest to current price Prospect long CALL Option Payoff at Expiration
Prospect |
Prospect Capital Target Price Odds to finish over 6.43
The tendency of Prospect 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 $ 6.43 or more in 90 days |
| 5.40 | 90 days | 6.43 | near 1 |
Based on a normal probability distribution, the odds of Prospect Capital to move over $ 6.43 or more in 90 days from now is near 1 (This Prospect Capital probability density function shows the probability of Prospect Stock to fall within a particular range of prices over 90 days) . Probability of Prospect Capital price to stay between its current price of $ 5.40 and $ 6.43 at the end of the 90-day period is about 77.34 .
Given the investment horizon of 90 days Prospect Capital has a beta of 0.76 indicating as returns on the market go up, Prospect Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prospect Capital will be expected to be much smaller as well. Additionally Prospect Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Prospect Capital Price Density |
| Price |
Predictive Modules for Prospect Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prospect Capital. 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 Prospect Capital'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.
Prospect Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prospect Capital is not an exception. The market had few large corrections towards the Prospect Capital'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 Prospect Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prospect Capital within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 0.76 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.12 |
Prospect Capital 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 Prospect Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prospect Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prospect Capital generated a negative expected return over the last 90 days | |
| Prospect Capital has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 2.58 B in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Prospect Capital has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Prospect Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Prospect Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prospect Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prospect to invest in growth at high rates of return. When we think about Prospect Capital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 852.21 M. Net Loss for the year was (101.64 M) with profit before overhead, payroll, taxes, and interest of 852.21 M. | |
| Prospect Capital currently holds about 43.4 M in cash with (220.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Prospect Capital has a frail financial position based on the latest SEC disclosures | |
| Roughly 27.0% of Prospect Capital outstanding shares are owned by corporate insiders | |
| On 18th of April 2024 Prospect Capital paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from finnewsnetwork.com.au: Stocks of the Hour Nimy Resources, New Age Exploration, Immutep |
Prospect Capital 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 Prospect Stock often depends not only on the future outlook of the current and potential Prospect Capital'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. Prospect Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 398.5 M | |
| Cash And Short Term Investments | 90.6 M |
Prospect Capital Technical Analysis
Prospect Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Prospect Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prospect Capital. In general, you should focus on analyzing Prospect Stock price patterns and their correlations with different microeconomic environments and drivers.
Prospect Capital Predictive Forecast Models
Prospect Capital's time-series forecasting models is one of many Prospect Capital'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 Prospect Capital'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 Prospect Capital
Checking the ongoing alerts about Prospect Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prospect Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prospect Capital generated a negative expected return over the last 90 days | |
| Prospect Capital has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 2.58 B in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Prospect Capital has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Prospect Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Prospect Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prospect Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prospect to invest in growth at high rates of return. When we think about Prospect Capital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 852.21 M. Net Loss for the year was (101.64 M) with profit before overhead, payroll, taxes, and interest of 852.21 M. | |
| Prospect Capital currently holds about 43.4 M in cash with (220.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Prospect Capital has a frail financial position based on the latest SEC disclosures | |
| Roughly 27.0% of Prospect Capital outstanding shares are owned by corporate insiders | |
| On 18th of April 2024 Prospect Capital paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from finnewsnetwork.com.au: Stocks of the Hour Nimy Resources, New Age Exploration, Immutep |
Check out Prospect Capital Backtesting, Prospect Capital Valuation, Prospect Capital Correlation, Prospect Capital Hype Analysis, Prospect Capital Volatility, Prospect Capital History as well as Prospect Capital Performance. For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.Note that the Prospect Capital information on this page should be used as a complementary analysis to other Prospect Capital's 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Prospect Stock analysis
When running Prospect Capital's price analysis, check to measure Prospect Capital'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 Prospect Capital is operating at the current time. Most of Prospect Capital's value examination focuses on studying past and present price action to predict the probability of Prospect Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prospect Capital's price. Additionally, you may evaluate how the addition of Prospect Capital to your portfolios can decrease your overall portfolio volatility.
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Is Prospect Capital's 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 Prospect Capital. If investors know Prospect 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 Prospect Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.72 | Earnings Share (0.20) | Revenue Per Share 2.183 | Quarterly Revenue Growth (0.01) |
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's 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 Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's 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 Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's 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.