Prestige Brand Holdings Stock Probability of Future Stock Price Finishing Over 84.14
| PBH Stock | USD 84.85 0.71 0.84% |
Prestige |
Prestige Brand Target Price Odds to finish over 84.14
The tendency of Prestige 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 above $ 84.14 in 90 days |
| 84.85 | 90 days | 84.14 | about 1.02 |
Based on a normal probability distribution, the odds of Prestige Brand to stay above $ 84.14 in 90 days from now is about 1.02 (This Prestige Brand Holdings probability density function shows the probability of Prestige Stock to fall within a particular range of prices over 90 days) . Probability of Prestige Brand Holdings price to stay between $ 84.14 and its current price of $84.85 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Prestige Brand has a beta of 0.75 indicating as returns on the market go up, Prestige Brand average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prestige Brand Holdings will be expected to be much smaller as well. Additionally Prestige Brand Holdings has an alpha of 0.1787, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prestige Brand Price Density |
| Price |
Predictive Modules for Prestige Brand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prestige Brand 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.Prestige Brand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prestige Brand is not an exception. The market had few large corrections towards the Prestige Brand'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 Prestige Brand Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prestige Brand within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 4.34 | |
Ir | Information ratio | 0.12 |
Prestige Brand 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 Prestige Brand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prestige Brand 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.| Prestige Brand has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Prestige consumer healthcare CEO Ronald Lombardi sells 898,240 in stock |
Prestige Brand 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 Prestige Stock often depends not only on the future outlook of the current and potential Prestige Brand'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. Prestige Brand's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.2 M | |
| Cash And Short Term Investments | 46.5 M |
Prestige Brand Technical Analysis
Prestige Brand's future price can be derived by breaking down and analyzing its technical indicators over time. Prestige Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prestige Brand Holdings. In general, you should focus on analyzing Prestige Stock price patterns and their correlations with different microeconomic environments and drivers.
Prestige Brand Predictive Forecast Models
Prestige Brand's time-series forecasting models is one of many Prestige Brand'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 Prestige Brand'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 Prestige Brand Holdings
Checking the ongoing alerts about Prestige Brand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prestige Brand Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prestige Brand has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Prestige consumer healthcare CEO Ronald Lombardi sells 898,240 in stock |
Check out Prestige Brand Backtesting, Prestige Brand Valuation, Prestige Brand Correlation, Prestige Brand Hype Analysis, Prestige Brand Volatility, Prestige Brand History as well as Prestige Brand Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Brand. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Brand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.019 | Earnings Share 4.1 | Revenue Per Share 22.312 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0612 |
The market value of Prestige Brand Holdings is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Brand's value that differs from its market value or its book value, called intrinsic value, which is Prestige Brand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Brand's market value can be influenced by many factors that don't directly affect Prestige Brand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Brand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.