Protasco Bhd (Malaysia) Probability of Future Stock Price Finishing Over 0.33
| 5070 Stock | 0.31 0.08 34.78% |
Protasco |
Protasco Bhd Target Price Odds to finish over 0.33
The tendency of Protasco 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 0.33 or more in 90 days |
| 0.31 | 90 days | 0.33 | near 1 |
Based on a normal probability distribution, the odds of Protasco Bhd to move over 0.33 or more in 90 days from now is near 1 (This Protasco Bhd probability density function shows the probability of Protasco Stock to fall within a particular range of prices over 90 days) . Probability of Protasco Bhd price to stay between its current price of 0.31 and 0.33 at the end of the 90-day period is about 1.82 .
Assuming the 90 days trading horizon Protasco Bhd has a beta of -0.76. This suggests as returns on the benchmark increase, returns on holding Protasco Bhd are expected to decrease at a much lower rate. During a bear market, however, Protasco Bhd is likely to outperform the market. Additionally Protasco Bhd has an alpha of 0.3561, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Protasco Bhd Price Density |
| Price |
Predictive Modules for Protasco Bhd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Protasco Bhd. 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.Protasco Bhd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Protasco Bhd is not an exception. The market had few large corrections towards the Protasco Bhd'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 Protasco Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Protasco Bhd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.03 |
Protasco Bhd 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 Protasco Bhd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Protasco Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Protasco Bhd had very high historical volatility over the last 90 days | |
| Protasco Bhd has some characteristics of a very speculative penny stock | |
| Protasco Bhd has high likelihood to experience some financial distress in the next 2 years | |
| Protasco Bhd generates negative cash flow from operations |
Protasco Bhd 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 Protasco Stock often depends not only on the future outlook of the current and potential Protasco Bhd'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. Protasco Bhd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 481.7 M | |
| Short Long Term Debt | 171.9 M | |
| Cash And Short Term Investments | 199.4 M |
Protasco Bhd Technical Analysis
Protasco Bhd's future price can be derived by breaking down and analyzing its technical indicators over time. Protasco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Protasco Bhd. In general, you should focus on analyzing Protasco Stock price patterns and their correlations with different microeconomic environments and drivers.
Protasco Bhd Predictive Forecast Models
Protasco Bhd's time-series forecasting models is one of many Protasco Bhd'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 Protasco Bhd'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 Protasco Bhd
Checking the ongoing alerts about Protasco Bhd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Protasco Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Protasco Bhd had very high historical volatility over the last 90 days | |
| Protasco Bhd has some characteristics of a very speculative penny stock | |
| Protasco Bhd has high likelihood to experience some financial distress in the next 2 years | |
| Protasco Bhd generates negative cash flow from operations |
Other Information on Investing in Protasco Stock
Protasco Bhd financial ratios help investors to determine whether Protasco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Protasco with respect to the benefits of owning Protasco Bhd security.