PT Global (Germany) Probability of Future Stock Price Finishing Over 2.66
| 06L Stock | 0.01 0.00 0.00% |
06L |
PT Global Target Price Odds to finish over 2.66
The tendency of 06L 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 2.66 or more in 90 days |
| 0.01 | 90 days | 2.66 | close to zero percent |
Based on a normal probability distribution, the odds of PT Global to move over 2.66 or more in 90 days from now is close to zero percent (This PT Global Mediacom probability density function shows the probability of 06L Stock to fall within a particular range of prices over 90 days) . Probability of PT Global Mediacom price to stay between its current price of 0.01 and 2.66 at the end of the 90-day period is about 88.74 .
Assuming the 90 days trading horizon PT Global Mediacom has a beta of -0.42. This suggests as returns on the benchmark increase, returns on holding PT Global are expected to decrease at a much lower rate. During a bear market, however, PT Global Mediacom is likely to outperform the market. Additionally PT Global Mediacom 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. PT Global Price Density |
| Price |
Predictive Modules for PT Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Global Mediacom. 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 PT Global'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.
PT Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Global is not an exception. The market had few large corrections towards the PT Global'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 PT Global Mediacom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | -0.09 |
PT Global 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 PT Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Global Mediacom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PT Global Mediacom generated a negative expected return over the last 90 days | |
| PT Global Mediacom has some characteristics of a very speculative penny stock | |
| About 52.0% of the company shares are owned by insiders or employees |
PT Global 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 06L Stock often depends not only on the future outlook of the current and potential PT Global'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. PT Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.4 B |
PT Global Technical Analysis
PT Global's future price can be derived by breaking down and analyzing its technical indicators over time. 06L Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Global Mediacom. In general, you should focus on analyzing 06L Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Global Predictive Forecast Models
PT Global's time-series forecasting models is one of many PT Global'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 PT Global'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 PT Global Mediacom
Checking the ongoing alerts about PT Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Global Mediacom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Global Mediacom generated a negative expected return over the last 90 days | |
| PT Global Mediacom has some characteristics of a very speculative penny stock | |
| About 52.0% of the company shares are owned by insiders or employees |
Additional Tools for 06L Stock Analysis
When running PT Global's price analysis, check to measure PT Global'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 PT Global is operating at the current time. Most of PT Global's value examination focuses on studying past and present price action to predict the probability of PT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Global's price. Additionally, you may evaluate how the addition of PT Global to your portfolios can decrease your overall portfolio volatility.