Progressive Planet Solutions Stock Probability of Future OTC Stock Price Finishing Under 0.13
| ASHXF Stock | USD 0.14 0.00 0.00% |
Progressive |
Progressive Planet Target Price Odds to finish below 0.13
The tendency of Progressive OTC 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 | under 95 |
Based on a normal probability distribution, the odds of Progressive Planet to drop to $ 0.13 or more in 90 days from now is under 95 (This Progressive Planet Solutions probability density function shows the probability of Progressive OTC Stock to fall within a particular range of prices over 90 days) . Probability of Progressive Planet price to stay between $ 0.13 and its current price of $0.14 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Progressive Planet Solutions has a beta of -0.64. This suggests as returns on the benchmark increase, returns on holding Progressive Planet are expected to decrease at a much lower rate. During a bear market, however, Progressive Planet Solutions is likely to outperform the market. Moreover Progressive Planet Solutions has an alpha of 1.2618, implying that it can generate a 1.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Progressive Planet Price Density |
| Price |
Predictive Modules for Progressive Planet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Progressive Planet. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Progressive Planet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Progressive Planet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Progressive Planet is not an exception. The market had few large corrections towards the Progressive Planet'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 Progressive Planet Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Progressive Planet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.26 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.17 |
Progressive Planet 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 Progressive Planet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Progressive Planet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Progressive Planet is way too risky over 90 days horizon | |
| Progressive Planet has some characteristics of a very speculative penny stock | |
| Progressive Planet appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.83 M. Net Loss for the year was (3.28 M) with profit before overhead, payroll, taxes, and interest of 591.38 K. | |
| Progressive Planet Solutions has accumulated about 1.1 M in cash with (3.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company shares are held by company insiders |
Progressive Planet 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 Progressive OTC Stock often depends not only on the future outlook of the current and potential Progressive Planet'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. Progressive Planet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.5 M |
Progressive Planet Technical Analysis
Progressive Planet's future price can be derived by breaking down and analyzing its technical indicators over time. Progressive OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Progressive Planet Solutions. In general, you should focus on analyzing Progressive OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Progressive Planet Predictive Forecast Models
Progressive Planet's time-series forecasting models is one of many Progressive Planet's otc 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 Progressive Planet'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 otc stock market movement and maximize returns from investment trading.
Things to note about Progressive Planet
Checking the ongoing alerts about Progressive Planet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Progressive Planet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Progressive Planet is way too risky over 90 days horizon | |
| Progressive Planet has some characteristics of a very speculative penny stock | |
| Progressive Planet appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.83 M. Net Loss for the year was (3.28 M) with profit before overhead, payroll, taxes, and interest of 591.38 K. | |
| Progressive Planet Solutions has accumulated about 1.1 M in cash with (3.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company shares are held by company insiders |
Other Information on Investing in Progressive OTC Stock
Progressive Planet financial ratios help investors to determine whether Progressive OTC 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 Progressive with respect to the benefits of owning Progressive Planet security.