Payton Planar (Belgium) Probability of Future Stock Price Finishing Under 8.14
| PAY Stock | EUR 8.55 0.15 1.79% |
Payton |
Payton Planar Target Price Odds to finish below 8.14
The tendency of Payton 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 € 8.14 or more in 90 days |
| 8.55 | 90 days | 8.14 | about 82.87 |
Based on a normal probability distribution, the odds of Payton Planar to drop to € 8.14 or more in 90 days from now is about 82.87 (This Payton Planar Magnetics probability density function shows the probability of Payton Stock to fall within a particular range of prices over 90 days) . Probability of Payton Planar Magnetics price to stay between € 8.14 and its current price of €8.55 at the end of the 90-day period is about 16.51 .
Assuming the 90 days trading horizon Payton Planar Magnetics has a beta of -0.41 indicating as returns on the benchmark increase, returns on holding Payton Planar are expected to decrease at a much lower rate. During a bear market, however, Payton Planar Magnetics is likely to outperform the market. Additionally Payton Planar Magnetics has an alpha of 0.152, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Payton Planar Price Density |
| Price |
Predictive Modules for Payton Planar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Payton Planar Magnetics. 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.Payton Planar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Payton Planar is not an exception. The market had few large corrections towards the Payton Planar'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 Payton Planar Magnetics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Payton Planar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.0093 |
Payton Planar 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 Payton Planar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Payton Planar Magnetics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 66.0% of the company outstanding shares are owned by corporate insiders |
Payton Planar 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 Payton Stock often depends not only on the future outlook of the current and potential Payton Planar'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. Payton Planar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.7 M | |
| Cash And Short Term Investments | 38.6 M |
Payton Planar Technical Analysis
Payton Planar's future price can be derived by breaking down and analyzing its technical indicators over time. Payton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Payton Planar Magnetics. In general, you should focus on analyzing Payton Stock price patterns and their correlations with different microeconomic environments and drivers.
Payton Planar Predictive Forecast Models
Payton Planar's time-series forecasting models is one of many Payton Planar'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 Payton Planar'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 Payton Planar Magnetics
Checking the ongoing alerts about Payton Planar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Payton Planar Magnetics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Payton Stock Analysis
When running Payton Planar's price analysis, check to measure Payton Planar'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 Payton Planar is operating at the current time. Most of Payton Planar's value examination focuses on studying past and present price action to predict the probability of Payton Planar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payton Planar's price. Additionally, you may evaluate how the addition of Payton Planar to your portfolios can decrease your overall portfolio volatility.