Pacs Group, Stock Probability of Future Stock Price Finishing Under 17.16
| PACS Stock | 15.90 0.09 0.57% |
PACS |
PACS Group, Target Price Odds to finish below 17.16
The tendency of PACS 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 stay under 17.16 after 90 days |
| 15.90 | 90 days | 17.16 | nearly 4.16 |
Based on a normal probability distribution, the odds of PACS Group, to stay under 17.16 after 90 days from now is nearly 4.16 (This PACS Group, probability density function shows the probability of PACS Stock to fall within a particular range of prices over 90 days) . Probability of PACS Group, price to stay between its current price of 15.90 and 17.16 at the end of the 90-day period is about 1.02 .
Given the investment horizon of 90 days PACS Group, has a beta of -2.31 indicating as returns on its benchmark rise, returns on holding PACS Group, are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, PACS Group, is expected to outperform its benchmark. Additionally PACS Group, 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. PACS Group, Price Density |
| Price |
Predictive Modules for PACS Group,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PACS Group,. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PACS Group,'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.
PACS Group, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PACS Group, is not an exception. The market had few large corrections towards the PACS Group,'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 PACS Group,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PACS Group, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.84 | |
β | Beta against Dow Jones | -2.31 | |
σ | Overall volatility | 9.82 | |
Ir | Information ratio | -0.19 |
PACS Group, 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 PACS Group, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PACS Group, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PACS Group, generated a negative expected return over the last 90 days | |
| PACS Group, has high historical volatility and very poor performance | |
| PACS Group, has a strong financial position based on the latest SEC filings | |
| About 83.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: PACS Group, Inc. Receives Consensus Recommendation of Buy from Brokerages |
PACS Group, 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 PACS Stock often depends not only on the future outlook of the current and potential PACS Group,'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. PACS Group,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 150.2 M | |
| Cash And Short Term Investments | 73.4 M |
PACS Group, Technical Analysis
PACS Group,'s future price can be derived by breaking down and analyzing its technical indicators over time. PACS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PACS Group,. In general, you should focus on analyzing PACS Stock price patterns and their correlations with different microeconomic environments and drivers.
PACS Group, Predictive Forecast Models
PACS Group,'s time-series forecasting models is one of many PACS Group,'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 PACS Group,'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 PACS Group,
Checking the ongoing alerts about PACS Group, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PACS Group, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PACS Group, generated a negative expected return over the last 90 days | |
| PACS Group, has high historical volatility and very poor performance | |
| PACS Group, has a strong financial position based on the latest SEC filings | |
| About 83.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: PACS Group, Inc. Receives Consensus Recommendation of Buy from Brokerages |
Additional Tools for PACS Stock Analysis
When running PACS Group,'s price analysis, check to measure PACS Group,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PACS Group, is operating at the current time. Most of PACS Group,'s value examination focuses on studying past and present price action to predict the probability of PACS Group,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACS Group,'s price. Additionally, you may evaluate how the addition of PACS Group, to your portfolios can decrease your overall portfolio volatility.