Public Service Enterprise Stock Probability of Future Stock Price Finishing Over 90.21
| PEG Stock | USD 93.02 0.62 0.67% |
Public |
Public Service Target Price Odds to finish over 90.21
The tendency of Public 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 $ 90.21 in 90 days |
| 93.02 | 90 days | 90.21 | about 17.87 |
Based on a normal probability distribution, the odds of Public Service to stay above $ 90.21 in 90 days from now is about 17.87 (This Public Service Enterprise probability density function shows the probability of Public Stock to fall within a particular range of prices over 90 days) . Probability of Public Service Enterprise price to stay between $ 90.21 and its current price of $93.02 at the end of the 90-day period is about 12.62 .
Considering the 90-day investment horizon Public Service has a beta of 0.4 indicating as returns on the market go up, Public Service average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Public Service Enterprise will be expected to be much smaller as well. Additionally Public Service Enterprise has an alpha of 0.161, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Public Service Price Density |
| Price |
Predictive Modules for Public Service
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Public Service Enterprise. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Public Service's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Public Service Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Public Service is not an exception. The market had few large corrections towards the Public Service'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 Public Service Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Public Service within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 4.01 | |
Ir | Information ratio | 0.06 |
Public Service 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 Public Service for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Public Service Enterprise can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Public Service Enterprise has 20.41 B in debt with debt to equity (D/E) ratio of 1.52, which is OK given its current industry classification. Public Service Enterprise has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Public to invest in growth at high rates of return. | |
| Public Service has a strong financial position based on the latest SEC filings | |
| Over 76.0% of Public Service shares are owned by institutional investors | |
| On 30th of September 2024 Public Service paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Public Service Enterprise Group Is Due To Pay A Dividend Of 0.60 |
Public Service 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 Public Stock often depends not only on the future outlook of the current and potential Public Service'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. Public Service's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 500 M | |
| Cash And Short Term Investments | 54 M |
Public Service Technical Analysis
Public Service's future price can be derived by breaking down and analyzing its technical indicators over time. Public Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Public Service Enterprise. In general, you should focus on analyzing Public Stock price patterns and their correlations with different microeconomic environments and drivers.
Public Service Predictive Forecast Models
Public Service's time-series forecasting models is one of many Public Service'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 Public Service'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 Public Service Enterprise
Checking the ongoing alerts about Public Service for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Public Service Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Public Service Enterprise has 20.41 B in debt with debt to equity (D/E) ratio of 1.52, which is OK given its current industry classification. Public Service Enterprise has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Public to invest in growth at high rates of return. | |
| Public Service has a strong financial position based on the latest SEC filings | |
| Over 76.0% of Public Service shares are owned by institutional investors | |
| On 30th of September 2024 Public Service paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Public Service Enterprise Group Is Due To Pay A Dividend Of 0.60 |
Check out Public Service Backtesting, Public Service Valuation, Public Service Correlation, Public Service Hype Analysis, Public Service Volatility, Public Service History as well as Public Service Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Multi-Utilities 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 Public Service. If investors know Public 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 Public Service 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 2.852 | Dividend Share 2.37 | Earnings Share 4.07 | Revenue Per Share 20.912 | Quarterly Revenue Growth 0.076 |
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.