Photon Energy (Czech Republic) Probability of Future Stock Price Finishing Over 29.59
| PEN Stock | CZK 26.90 0.30 1.13% |
Photon |
Photon Energy Target Price Odds to finish over 29.59
The tendency of Photon 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 29.59 or more in 90 days |
| 26.90 | 90 days | 29.59 | about 86.76 |
Based on a normal probability distribution, the odds of Photon Energy to move over 29.59 or more in 90 days from now is about 86.76 (This Photon Energy NV probability density function shows the probability of Photon Stock to fall within a particular range of prices over 90 days) . Probability of Photon Energy NV price to stay between its current price of 26.90 and 29.59 at the end of the 90-day period is about 9.1 .
Assuming the 90 days trading horizon Photon Energy has a beta of 0.61 indicating as returns on the market go up, Photon Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Photon Energy NV will be expected to be much smaller as well. Additionally Photon Energy NV 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. Photon Energy Price Density |
| Price |
Predictive Modules for Photon Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Photon Energy NV. 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.Photon Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Photon Energy is not an exception. The market had few large corrections towards the Photon Energy'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 Photon Energy NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Photon Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.69 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 4.34 | |
Ir | Information ratio | -0.3 |
Photon Energy 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 Photon Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Photon Energy NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Photon Energy NV generated a negative expected return over the last 90 days | |
| The company reported the revenue of 79.52 M. Net Loss for the year was (9.98 M) with profit before overhead, payroll, taxes, and interest of 23.63 M. | |
| About 69.0% of the company outstanding shares are owned by corporate insiders |
Photon Energy Technical Analysis
Photon Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Photon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Photon Energy NV. In general, you should focus on analyzing Photon Stock price patterns and their correlations with different microeconomic environments and drivers.
Photon Energy Predictive Forecast Models
Photon Energy's time-series forecasting models is one of many Photon Energy'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 Photon Energy'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 Photon Energy NV
Checking the ongoing alerts about Photon Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Photon Energy NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Photon Energy NV generated a negative expected return over the last 90 days | |
| The company reported the revenue of 79.52 M. Net Loss for the year was (9.98 M) with profit before overhead, payroll, taxes, and interest of 23.63 M. | |
| About 69.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Photon Stock Analysis
When running Photon Energy's price analysis, check to measure Photon Energy'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 Photon Energy is operating at the current time. Most of Photon Energy's value examination focuses on studying past and present price action to predict the probability of Photon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photon Energy's price. Additionally, you may evaluate how the addition of Photon Energy to your portfolios can decrease your overall portfolio volatility.