PLAY2CHILL (Germany) Probability of Future Stock Price Finishing Under 0.03
| 688 Stock | 0.80 0.01 1.23% |
PLAY2CHILL |
PLAY2CHILL Target Price Odds to finish below 0.03
The tendency of PLAY2CHILL 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 0.03 or more in 90 days |
| 0.80 | 90 days | 0.03 | close to zero percent |
Based on a normal probability distribution, the odds of PLAY2CHILL to drop to 0.03 or more in 90 days from now is close to zero percent (This PLAY2CHILL SA ZY probability density function shows the probability of PLAY2CHILL Stock to fall within a particular range of prices over 90 days) . Probability of PLAY2CHILL SA ZY price to stay between 0.03 and its current price of 0.8 at the end of the 90-day period is about 6.62 .
Assuming the 90 days horizon PLAY2CHILL has a beta of 0.33. This suggests as returns on the market go up, PLAY2CHILL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PLAY2CHILL SA ZY will be expected to be much smaller as well. Additionally PLAY2CHILL SA ZY 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. PLAY2CHILL Price Density |
| Price |
Predictive Modules for PLAY2CHILL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PLAY2CHILL SA ZY. 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.PLAY2CHILL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PLAY2CHILL is not an exception. The market had few large corrections towards the PLAY2CHILL'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 PLAY2CHILL SA ZY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PLAY2CHILL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.11 |
PLAY2CHILL 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 PLAY2CHILL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PLAY2CHILL SA ZY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PLAY2CHILL SA ZY generated a negative expected return over the last 90 days | |
| PLAY2CHILL SA ZY has some characteristics of a very speculative penny stock | |
| PLAY2CHILL SA ZY has high likelihood to experience some financial distress in the next 2 years | |
| About 62.0% of the company shares are owned by insiders or employees |
PLAY2CHILL 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 PLAY2CHILL Stock often depends not only on the future outlook of the current and potential PLAY2CHILL'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. PLAY2CHILL's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 1.1 M |
PLAY2CHILL Technical Analysis
PLAY2CHILL's future price can be derived by breaking down and analyzing its technical indicators over time. PLAY2CHILL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PLAY2CHILL SA ZY. In general, you should focus on analyzing PLAY2CHILL Stock price patterns and their correlations with different microeconomic environments and drivers.
PLAY2CHILL Predictive Forecast Models
PLAY2CHILL's time-series forecasting models is one of many PLAY2CHILL'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 PLAY2CHILL'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 PLAY2CHILL SA ZY
Checking the ongoing alerts about PLAY2CHILL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PLAY2CHILL SA ZY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PLAY2CHILL SA ZY generated a negative expected return over the last 90 days | |
| PLAY2CHILL SA ZY has some characteristics of a very speculative penny stock | |
| PLAY2CHILL SA ZY has high likelihood to experience some financial distress in the next 2 years | |
| About 62.0% of the company shares are owned by insiders or employees |
Other Information on Investing in PLAY2CHILL Stock
PLAY2CHILL financial ratios help investors to determine whether PLAY2CHILL 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 PLAY2CHILL with respect to the benefits of owning PLAY2CHILL security.