Picton Property (UK) Probability of Future Stock Price Finishing Over 71.17
| PCTN Stock | 69.20 0.10 0.14% |
Picton |
Picton Property Target Price Odds to finish over 71.17
The tendency of Picton 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 over 71.17 or more in 90 days |
| 69.20 | 90 days | 71.17 | about 54.55 |
Based on a normal probability distribution, the odds of Picton Property to move over 71.17 or more in 90 days from now is about 54.55 (This Picton Property Income probability density function shows the probability of Picton Stock to fall within a particular range of prices over 90 days) . Probability of Picton Property Income price to stay between its current price of 69.20 and 71.17 at the end of the 90-day period is about 27.53 .
Assuming the 90 days trading horizon Picton Property has a beta of 0.0368 indicating as returns on the market go up, Picton Property average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Picton Property Income will be expected to be much smaller as well. Additionally Picton Property Income 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. Picton Property Price Density |
| Price |
Predictive Modules for Picton Property
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Picton Property Income. 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.Picton Property Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Picton Property is not an exception. The market had few large corrections towards the Picton Property'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 Picton Property Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Picton Property within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 2.45 | |
Ir | Information ratio | -0.2 |
Picton Property 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 Picton Property for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Picton Property Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Picton Property generated a negative expected return over the last 90 days | |
| The company reported the revenue of 54.69 M. Net Loss for the year was (4.79 M) with profit before overhead, payroll, taxes, and interest of 35.45 M. | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Picton Property Income Sees Change in Major Holdings - TipRanks |
Picton Property 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 Picton Stock often depends not only on the future outlook of the current and potential Picton Property'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. Picton Property's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 547.1 M | |
| Cash And Short Term Investments | 19.8 M |
Picton Property Technical Analysis
Picton Property's future price can be derived by breaking down and analyzing its technical indicators over time. Picton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Picton Property Income. In general, you should focus on analyzing Picton Stock price patterns and their correlations with different microeconomic environments and drivers.
Picton Property Predictive Forecast Models
Picton Property's time-series forecasting models is one of many Picton Property'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 Picton Property'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 Picton Property Income
Checking the ongoing alerts about Picton Property for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Picton Property Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Picton Property generated a negative expected return over the last 90 days | |
| The company reported the revenue of 54.69 M. Net Loss for the year was (4.79 M) with profit before overhead, payroll, taxes, and interest of 35.45 M. | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Picton Property Income Sees Change in Major Holdings - TipRanks |
Additional Tools for Picton Stock Analysis
When running Picton Property's price analysis, check to measure Picton Property'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 Picton Property is operating at the current time. Most of Picton Property's value examination focuses on studying past and present price action to predict the probability of Picton Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Picton Property's price. Additionally, you may evaluate how the addition of Picton Property to your portfolios can decrease your overall portfolio volatility.