Phreesia (Germany) Odds of Future Stock Price Finishing Over 23.0
| 19P Stock | EUR 23.00 0.40 1.71% |
Phreesia |
Phreesia Target Price Odds to finish over 23.0
The tendency of Phreesia 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 |
| 23.00 | 90 days | 23.00 | under 4 |
Based on a normal probability distribution, the odds of Phreesia to move above the current price in 90 days from now is under 4 (This Phreesia probability density function shows the probability of Phreesia Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.95 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Phreesia will likely underperform. Additionally Phreesia has an alpha of 0.12, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Phreesia Price Density |
| Price |
Predictive Modules for Phreesia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phreesia. 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.Phreesia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phreesia is not an exception. The market had few large corrections towards the Phreesia'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 Phreesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phreesia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.95 | |
σ | Overall volatility | 1.88 | |
Ir | Information ratio | 0.04 |
Phreesia 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 Phreesia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phreesia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phreesia had very high historical volatility over the last 90 days | |
| Phreesia has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 213.23 M. Net Loss for the year was (118.16 M) with profit before overhead, payroll, taxes, and interest of 131.84 M. | |
| Phreesia has accumulated about 450.68 M in cash with (74.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.92. | |
| Over 95.0% of the company shares are owned by institutions such as pension funds |
Phreesia 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 Phreesia Stock often depends not only on the future outlook of the current and potential Phreesia'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. Phreesia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.8 M |
Phreesia Technical Analysis
Phreesia's future price can be derived by breaking down and analyzing its technical indicators over time. Phreesia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phreesia. In general, you should focus on analyzing Phreesia Stock price patterns and their correlations with different microeconomic environments and drivers.
Phreesia Predictive Forecast Models
Phreesia's time-series forecasting models is one of many Phreesia'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 Phreesia'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 Phreesia
Checking the ongoing alerts about Phreesia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phreesia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phreesia had very high historical volatility over the last 90 days | |
| Phreesia has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 213.23 M. Net Loss for the year was (118.16 M) with profit before overhead, payroll, taxes, and interest of 131.84 M. | |
| Phreesia has accumulated about 450.68 M in cash with (74.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.92. | |
| Over 95.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Phreesia Stock
When determining whether Phreesia is a strong investment it is important to analyze Phreesia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phreesia's future performance. For an informed investment choice regarding Phreesia Stock, refer to the following important reports:Check out Phreesia Backtesting, Phreesia Valuation, Phreesia Correlation, Phreesia Hype Analysis, Phreesia Volatility, Phreesia History as well as Phreesia Performance. For more detail on how to invest in Phreesia Stock please use our How to Invest in Phreesia guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.