PMB Technology (Malaysia) Probability of Future Stock Price Finishing Over 1.72
| 7172 Stock | 1.71 0.06 3.39% |
PMB |
PMB Technology Target Price Odds to finish over 1.72
The tendency of PMB 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 1.72 or more in 90 days |
| 1.71 | 90 days | 1.72 | about 88.25 |
Based on a normal probability distribution, the odds of PMB Technology to move over 1.72 or more in 90 days from now is about 88.25 (This PMB Technology Bhd probability density function shows the probability of PMB Stock to fall within a particular range of prices over 90 days) . Probability of PMB Technology Bhd price to stay between its current price of 1.71 and 1.72 at the end of the 90-day period is about 1.19 .
Assuming the 90 days trading horizon PMB Technology Bhd has a beta of -0.0376. This suggests as returns on the benchmark increase, returns on holding PMB Technology are expected to decrease at a much lower rate. During a bear market, however, PMB Technology Bhd is likely to outperform the market. Additionally PMB Technology 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. PMB Technology Price Density |
| Price |
Predictive Modules for PMB Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PMB Technology 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.PMB Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PMB Technology is not an exception. The market had few large corrections towards the PMB Technology'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 PMB Technology Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PMB Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.07 |
PMB Technology 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 PMB Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PMB Technology 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.| PMB Technology Bhd generated a negative expected return over the last 90 days | |
| PMB Technology Bhd may become a speculative penny stock | |
| PMB Technology Bhd has high historical volatility and very poor performance |
PMB Technology 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 PMB Stock often depends not only on the future outlook of the current and potential PMB Technology'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. PMB Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Dividends Paid | 2.1 M | |
| Short Long Term Debt | 278.2 M | |
| Cash And Short Term Investments | 83.1 M |
PMB Technology Technical Analysis
PMB Technology's future price can be derived by breaking down and analyzing its technical indicators over time. PMB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PMB Technology Bhd. In general, you should focus on analyzing PMB Stock price patterns and their correlations with different microeconomic environments and drivers.
PMB Technology Predictive Forecast Models
PMB Technology's time-series forecasting models is one of many PMB Technology'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 PMB Technology'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 PMB Technology Bhd
Checking the ongoing alerts about PMB Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PMB Technology Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PMB Technology Bhd generated a negative expected return over the last 90 days | |
| PMB Technology Bhd may become a speculative penny stock | |
| PMB Technology Bhd has high historical volatility and very poor performance |
Other Information on Investing in PMB Stock
PMB Technology financial ratios help investors to determine whether PMB 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 PMB with respect to the benefits of owning PMB Technology security.