Pointsbet Holdings (Australia) Probability of Future Stock Price Finishing Over 1.0
| PBH Stock | 1.00 0.03 3.09% |
Pointsbet |
Pointsbet Holdings Target Price Odds to finish over 1.0
The tendency of Pointsbet 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 above the current price in 90 days |
| 1.00 | 90 days | 1.00 | under 4 |
Based on a normal probability distribution, the odds of Pointsbet Holdings to move above the current price in 90 days from now is under 4 (This Pointsbet Holdings probability density function shows the probability of Pointsbet Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Pointsbet Holdings has a beta of 0.75 indicating as returns on the market go up, Pointsbet Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pointsbet Holdings will be expected to be much smaller as well. Moreover Pointsbet Holdings has an alpha of 1.0236, implying that it can generate a 1.02 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pointsbet Holdings Price Density |
| Price |
Predictive Modules for Pointsbet Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pointsbet Holdings. 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.Pointsbet Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pointsbet Holdings is not an exception. The market had few large corrections towards the Pointsbet Holdings' 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 Pointsbet Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pointsbet Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.02 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.27 |
Pointsbet Holdings 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 Pointsbet Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pointsbet Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pointsbet Holdings has some characteristics of a very speculative penny stock | |
| Pointsbet Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 245.49 M. Net Loss for the year was (42.32 M) with profit before overhead, payroll, taxes, and interest of 105.7 M. | |
| About 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: PointsBet Holdings Ltd. Completes US Business Sale - TipRanks |
Pointsbet Holdings 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 Pointsbet Stock often depends not only on the future outlook of the current and potential Pointsbet Holdings' 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. Pointsbet Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 318.1 M | |
| Cash And Short Term Investments | 42.2 M |
Pointsbet Holdings Technical Analysis
Pointsbet Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Pointsbet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pointsbet Holdings. In general, you should focus on analyzing Pointsbet Stock price patterns and their correlations with different microeconomic environments and drivers.
Pointsbet Holdings Predictive Forecast Models
Pointsbet Holdings' time-series forecasting models is one of many Pointsbet Holdings' 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 Pointsbet Holdings' 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 Pointsbet Holdings
Checking the ongoing alerts about Pointsbet Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pointsbet Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pointsbet Holdings has some characteristics of a very speculative penny stock | |
| Pointsbet Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 245.49 M. Net Loss for the year was (42.32 M) with profit before overhead, payroll, taxes, and interest of 105.7 M. | |
| About 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: PointsBet Holdings Ltd. Completes US Business Sale - TipRanks |
Additional Tools for Pointsbet Stock Analysis
When running Pointsbet Holdings' price analysis, check to measure Pointsbet Holdings' 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 Pointsbet Holdings is operating at the current time. Most of Pointsbet Holdings' value examination focuses on studying past and present price action to predict the probability of Pointsbet Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pointsbet Holdings' price. Additionally, you may evaluate how the addition of Pointsbet Holdings to your portfolios can decrease your overall portfolio volatility.