PennantPark Investment (Germany) Probability of Future Stock Price Finishing Over 7.07
| 12P Stock | EUR 6.58 0.02 0.30% |
PennantPark |
PennantPark Investment Target Price Odds to finish over 7.07
The tendency of PennantPark 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 € 7.07 or more in 90 days |
| 6.58 | 90 days | 7.07 | near 1 |
Based on a normal probability distribution, the odds of PennantPark Investment to move over € 7.07 or more in 90 days from now is near 1 (This PennantPark Investment probability density function shows the probability of PennantPark Stock to fall within a particular range of prices over 90 days) . Probability of PennantPark Investment price to stay between its current price of € 6.58 and € 7.07 at the end of the 90-day period is nearly 4.32 .
Assuming the 90 days horizon PennantPark Investment has a beta of 0.76. This suggests as returns on the market go up, PennantPark Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PennantPark Investment will be expected to be much smaller as well. Additionally PennantPark Investment has an alpha of 0.0619, implying that it can generate a 0.0619 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PennantPark Investment Price Density |
| Price |
Predictive Modules for PennantPark Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PennantPark Investment. 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.PennantPark Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PennantPark Investment is not an exception. The market had few large corrections towards the PennantPark Investment'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 PennantPark Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PennantPark Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.02 |
PennantPark Investment 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 PennantPark Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PennantPark Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PennantPark Investment has high likelihood to experience some financial distress in the next 2 years | |
| PennantPark Investment has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (24.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PennantPark Investment has accumulated about 19.51 M in cash with (19.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. |
PennantPark Investment 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 PennantPark Stock often depends not only on the future outlook of the current and potential PennantPark Investment'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. PennantPark Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.2 M | |
| Dividend Yield | 0.1131 | |
| Dividends Paid | 34.9 M |
PennantPark Investment Technical Analysis
PennantPark Investment's future price can be derived by breaking down and analyzing its technical indicators over time. PennantPark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PennantPark Investment. In general, you should focus on analyzing PennantPark Stock price patterns and their correlations with different microeconomic environments and drivers.
PennantPark Investment Predictive Forecast Models
PennantPark Investment's time-series forecasting models is one of many PennantPark Investment'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 PennantPark Investment'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 PennantPark Investment
Checking the ongoing alerts about PennantPark Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PennantPark Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PennantPark Investment has high likelihood to experience some financial distress in the next 2 years | |
| PennantPark Investment has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (24.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PennantPark Investment has accumulated about 19.51 M in cash with (19.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. |
Additional Information and Resources on Investing in PennantPark Stock
When determining whether PennantPark Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Investment Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Investment Stock:Check out PennantPark Investment Backtesting, PennantPark Investment Valuation, PennantPark Investment Correlation, PennantPark Investment Hype Analysis, PennantPark Investment Volatility, PennantPark Investment History as well as PennantPark Investment Performance. For more detail on how to invest in PennantPark Stock please use our How to Invest in PennantPark Investment guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.