Plug Power (UK) Probability of Future Stock Price Finishing Over 2.32
| 0R1J Stock | 2.32 0.07 3.11% |
Plug |
Plug Power Target Price Odds to finish over 2.32
The tendency of Plug 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 |
| 2.32 | 90 days | 2.32 | nearly 4.01 |
Based on a normal probability distribution, the odds of Plug Power to move above the current price in 90 days from now is nearly 4.01 (This Plug Power probability density function shows the probability of Plug Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Plug Power has a beta of -1.35. This suggests as returns on its benchmark rise, returns on holding Plug Power are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Plug Power is expected to outperform its benchmark. Additionally Plug Power has an alpha of 0.5375, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plug Power Price Density |
| Price |
Predictive Modules for Plug Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plug Power. 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.Plug Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plug Power is not an exception. The market had few large corrections towards the Plug Power'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 Plug Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plug Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -1.35 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.04 |
Plug Power 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 Plug Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plug Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plug Power is way too risky over 90 days horizon | |
| Plug Power appears to be risky and price may revert if volatility continues | |
| Plug Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 891.34 M. Net Loss for the year was (1.37 B) with loss before overhead, payroll, taxes, and interest of (167.56 M). | |
| Plug Power generates negative cash flow from operations | |
| Latest headline from news.google.com: Where Will Plug Power Be in 5 Years - The Motley Fool |
Plug Power 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 Plug Stock often depends not only on the future outlook of the current and potential Plug Power'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. Plug Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 595.5 M | |
| Cash And Short Term Investments | 135 M |
Plug Power Technical Analysis
Plug Power's future price can be derived by breaking down and analyzing its technical indicators over time. Plug Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plug Power. In general, you should focus on analyzing Plug Stock price patterns and their correlations with different microeconomic environments and drivers.
Plug Power Predictive Forecast Models
Plug Power's time-series forecasting models is one of many Plug Power'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 Plug Power'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 Plug Power
Checking the ongoing alerts about Plug Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plug Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plug Power is way too risky over 90 days horizon | |
| Plug Power appears to be risky and price may revert if volatility continues | |
| Plug Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 891.34 M. Net Loss for the year was (1.37 B) with loss before overhead, payroll, taxes, and interest of (167.56 M). | |
| Plug Power generates negative cash flow from operations | |
| Latest headline from news.google.com: Where Will Plug Power Be in 5 Years - The Motley Fool |
Additional Tools for Plug Stock Analysis
When running Plug Power's price analysis, check to measure Plug Power'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 Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.