PESTECH International (Malaysia) Probability of Future Stock Price Finishing Under 0.13
| 5219 Stock | 0.14 0.01 7.69% |
PESTECH |
PESTECH International Target Price Odds to finish below 0.13
The tendency of PESTECH 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 drop to 0.13 or more in 90 days |
| 0.14 | 90 days | 0.13 | about 23.32 |
Based on a normal probability distribution, the odds of PESTECH International to drop to 0.13 or more in 90 days from now is about 23.32 (This PESTECH International Bhd probability density function shows the probability of PESTECH Stock to fall within a particular range of prices over 90 days) . Probability of PESTECH International Bhd price to stay between 0.13 and its current price of 0.14 at the end of the 90-day period is about 26.56 .
Assuming the 90 days trading horizon PESTECH International has a beta of 0.0503. This suggests as returns on the market go up, PESTECH International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PESTECH International Bhd will be expected to be much smaller as well. Additionally PESTECH International Bhd 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. PESTECH International Price Density |
| Price |
Predictive Modules for PESTECH International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PESTECH International 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.PESTECH International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PESTECH International is not an exception. The market had few large corrections towards the PESTECH International'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 PESTECH International Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PESTECH International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.09 |
PESTECH International 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 PESTECH International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PESTECH International 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.| PESTECH International generated a negative expected return over the last 90 days | |
| PESTECH International has some characteristics of a very speculative penny stock | |
| PESTECH International has high historical volatility and very poor performance | |
| PESTECH International has high likelihood to experience some financial distress in the next 2 years | |
| PESTECH International generates negative cash flow from operations |
PESTECH International 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 PESTECH Stock often depends not only on the future outlook of the current and potential PESTECH International'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. PESTECH International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 984.6 M | |
| Short Long Term Debt | 581.4 M | |
| Cash And Short Term Investments | 169 M |
PESTECH International Technical Analysis
PESTECH International's future price can be derived by breaking down and analyzing its technical indicators over time. PESTECH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PESTECH International Bhd. In general, you should focus on analyzing PESTECH Stock price patterns and their correlations with different microeconomic environments and drivers.
PESTECH International Predictive Forecast Models
PESTECH International's time-series forecasting models is one of many PESTECH International'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 PESTECH International'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 PESTECH International Bhd
Checking the ongoing alerts about PESTECH International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PESTECH International Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PESTECH International generated a negative expected return over the last 90 days | |
| PESTECH International has some characteristics of a very speculative penny stock | |
| PESTECH International has high historical volatility and very poor performance | |
| PESTECH International has high likelihood to experience some financial distress in the next 2 years | |
| PESTECH International generates negative cash flow from operations |
Other Information on Investing in PESTECH Stock
PESTECH International financial ratios help investors to determine whether PESTECH 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 PESTECH with respect to the benefits of owning PESTECH International security.