Pacira Biosciences, Stock Probability of Future Stock Price Finishing Under 14.42
| PCRX Stock | USD 19.09 2.41 14.45% |
Pacira |
Pacira BioSciences, Target Price Odds to finish below 14.42
The tendency of Pacira 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 $ 14.42 or more in 90 days |
| 19.09 | 90 days | 14.42 | about 13.94 |
Based on a normal probability distribution, the odds of Pacira BioSciences, to drop to $ 14.42 or more in 90 days from now is about 13.94 (This Pacira BioSciences, probability density function shows the probability of Pacira Stock to fall within a particular range of prices over 90 days) . Probability of Pacira BioSciences, price to stay between $ 14.42 and its current price of $19.09 at the end of the 90-day period is about 84.84 .
Given the investment horizon of 90 days Pacira BioSciences, has a beta of 0.13 indicating as returns on the market go up, Pacira BioSciences, average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pacira BioSciences, will be expected to be much smaller as well. Additionally Pacira BioSciences, has an alpha of 0.2308, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pacira BioSciences, Price Density |
| Price |
Predictive Modules for Pacira BioSciences,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacira BioSciences,. 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.Pacira BioSciences, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pacira BioSciences, is not an exception. The market had few large corrections towards the Pacira BioSciences,'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 Pacira BioSciences,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pacira BioSciences, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 1.39 | |
Ir | Information ratio | 0.06 |
Pacira BioSciences, 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 Pacira BioSciences, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pacira BioSciences, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Pacira BioSciences Inc Shares Gap Down to 16.49 on Nov 26 |
Pacira BioSciences, 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 Pacira Stock often depends not only on the future outlook of the current and potential Pacira BioSciences,'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. Pacira BioSciences,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52 M | |
| Cash And Short Term Investments | 278.6 M |
Pacira BioSciences, Technical Analysis
Pacira BioSciences,'s future price can be derived by breaking down and analyzing its technical indicators over time. Pacira Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pacira BioSciences,. In general, you should focus on analyzing Pacira Stock price patterns and their correlations with different microeconomic environments and drivers.
Pacira BioSciences, Predictive Forecast Models
Pacira BioSciences,'s time-series forecasting models is one of many Pacira BioSciences,'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 Pacira BioSciences,'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 Pacira BioSciences,
Checking the ongoing alerts about Pacira BioSciences, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacira BioSciences, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Pacira BioSciences Inc Shares Gap Down to 16.49 on Nov 26 |
Additional Tools for Pacira Stock Analysis
When running Pacira BioSciences,'s price analysis, check to measure Pacira BioSciences,'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 Pacira BioSciences, is operating at the current time. Most of Pacira BioSciences,'s value examination focuses on studying past and present price action to predict the probability of Pacira BioSciences,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacira BioSciences,'s price. Additionally, you may evaluate how the addition of Pacira BioSciences, to your portfolios can decrease your overall portfolio volatility.