PCB Tec (Israel) Odds of Future Stock Price Finishing Under 263.80
| PCBT Stock | ILA 716.50 7.90 1.09% |
PCB |
PCB Tec Target Price Odds to finish below 263.80
The tendency of PCB 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 263.80 or more in 90 days |
| 716.50 | 90 days | 263.80 | near 1 |
Based on a normal probability distribution, the odds of PCB Tec to drop to 263.80 or more in 90 days from now is near 1 (This PCB Tec probability density function shows the probability of PCB Stock to fall within a particular range of prices over 90 days) . Probability of PCB Tec price to stay between 263.80 and its current price of 716.5 at the end of the 90-day period is about 87.55 .
Assuming the 90 days trading horizon PCB Tec has a beta of -0.0231 indicating as returns on the benchmark increase, returns on holding PCB Tec are expected to decrease at a much lower rate. During a bear market, however, PCB Tec is likely to outperform the market. Moreover PCB Tec has an alpha of 1.1447, implying that it can generate a 1.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PCB Tec Price Density |
| Price |
Predictive Modules for PCB Tec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PCB Tec. 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.PCB Tec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PCB Tec is not an exception. The market had few large corrections towards the PCB Tec'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 PCB Tec, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PCB Tec within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.14 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 125.93 | |
Ir | Information ratio | 0.27 |
PCB Tec 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 PCB Tec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PCB Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PCB Tec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 121.26 M. Net Loss for the year was (503 K) with profit before overhead, payroll, taxes, and interest of 12.88 M. | |
| PCB Tec has accumulated about 16.24 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Over 81.0% of the company shares are owned by institutional investors |
PCB Tec 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 PCB Stock often depends not only on the future outlook of the current and potential PCB Tec'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. PCB Tec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.5 M |
PCB Tec Technical Analysis
PCB Tec's future price can be derived by breaking down and analyzing its technical indicators over time. PCB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PCB Tec. In general, you should focus on analyzing PCB Stock price patterns and their correlations with different microeconomic environments and drivers.
PCB Tec Predictive Forecast Models
PCB Tec's time-series forecasting models is one of many PCB Tec'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 PCB Tec'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 PCB Tec
Checking the ongoing alerts about PCB Tec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PCB Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PCB Tec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 121.26 M. Net Loss for the year was (503 K) with profit before overhead, payroll, taxes, and interest of 12.88 M. | |
| PCB Tec has accumulated about 16.24 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Over 81.0% of the company shares are owned by institutional investors |
Other Information on Investing in PCB Stock
PCB Tec financial ratios help investors to determine whether PCB 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 PCB with respect to the benefits of owning PCB Tec security.