Patria Bank (Romania) Probability of Future Stock Price Finishing Over 0.08
| PBK Stock | 0.08 0 2.44% |
Patria |
Patria Bank Target Price Odds to finish over 0.08
The tendency of Patria 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 |
| 0.08 | 90 days | 0.08 | about 47.69 |
Based on a normal probability distribution, the odds of Patria Bank to move above the current price in 90 days from now is about 47.69 (This Patria Bank SA probability density function shows the probability of Patria Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Patria Bank SA has a beta of -0.0015 indicating as returns on the benchmark increase, returns on holding Patria Bank are expected to decrease at a much lower rate. During a bear market, however, Patria Bank SA is likely to outperform the market. Additionally Patria Bank SA 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. Patria Bank Price Density |
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Predictive Modules for Patria Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Patria Bank SA. 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.Patria Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Patria Bank is not an exception. The market had few large corrections towards the Patria Bank'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 Patria Bank SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Patria Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0078 | |
β | Beta against Dow Jones | -0.0015 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.08 |
Patria Bank 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 Patria Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Patria Bank SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Patria Bank SA has some characteristics of a very speculative penny stock |
Patria Bank Technical Analysis
Patria Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Patria Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Patria Bank SA. In general, you should focus on analyzing Patria Stock price patterns and their correlations with different microeconomic environments and drivers.
Patria Bank Predictive Forecast Models
Patria Bank's time-series forecasting models is one of many Patria Bank'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 Patria Bank'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 Patria Bank SA
Checking the ongoing alerts about Patria Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Patria Bank SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Patria Bank SA has some characteristics of a very speculative penny stock |
Other Information on Investing in Patria Stock
Patria Bank financial ratios help investors to determine whether Patria 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 Patria with respect to the benefits of owning Patria Bank security.