Penguin Solutions, Stock Probability of Future Stock Price Finishing Over 17.33
| PENG Stock | 17.65 0.24 1.38% |
Penguin |
Penguin Solutions, Target Price Odds to finish over 17.33
The tendency of Penguin 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 17.33 in 90 days |
| 17.65 | 90 days | 17.33 | about 71.76 |
Based on a normal probability distribution, the odds of Penguin Solutions, to stay above 17.33 in 90 days from now is about 71.76 (This Penguin Solutions, probability density function shows the probability of Penguin Stock to fall within a particular range of prices over 90 days) . Probability of Penguin Solutions, price to stay between 17.33 and its current price of 17.65 at the end of the 90-day period is about 5.7 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.55 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Penguin Solutions, will likely underperform. Additionally Penguin Solutions, 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. Penguin Solutions, Price Density |
| Price |
Predictive Modules for Penguin Solutions,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penguin Solutions,. 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.Penguin Solutions, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penguin Solutions, is not an exception. The market had few large corrections towards the Penguin Solutions,'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 Penguin Solutions,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Penguin Solutions, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 1.55 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.07 |
Penguin Solutions, 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 Penguin Solutions, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penguin Solutions, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Penguin Solutions, generated a negative expected return over the last 90 days | |
| Penguin Solutions, has high historical volatility and very poor performance | |
| Penguin Solutions, has high likelihood to experience some financial distress in the next 2 years | |
| Penguin Solutions, was previously known as Smart Global Holdings and was traded on NASDAQ Exchange under the symbol SGH. | |
| The company reported the previous year's revenue of 1.17 B. Net Loss for the year was (52.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Penguin Solutions, has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: 3 Reliable Dividend Stocks To Consider With At Least 3.2 percent Yield |
Penguin Solutions, 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 Penguin Stock often depends not only on the future outlook of the current and potential Penguin Solutions,'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. Penguin Solutions,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.9 M |
Penguin Solutions, Technical Analysis
Penguin Solutions,'s future price can be derived by breaking down and analyzing its technical indicators over time. Penguin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Penguin Solutions,. In general, you should focus on analyzing Penguin Stock price patterns and their correlations with different microeconomic environments and drivers.
Penguin Solutions, Predictive Forecast Models
Penguin Solutions,'s time-series forecasting models is one of many Penguin Solutions,'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 Penguin Solutions,'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 Penguin Solutions,
Checking the ongoing alerts about Penguin Solutions, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penguin Solutions, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penguin Solutions, generated a negative expected return over the last 90 days | |
| Penguin Solutions, has high historical volatility and very poor performance | |
| Penguin Solutions, has high likelihood to experience some financial distress in the next 2 years | |
| Penguin Solutions, was previously known as Smart Global Holdings and was traded on NASDAQ Exchange under the symbol SGH. | |
| The company reported the previous year's revenue of 1.17 B. Net Loss for the year was (52.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Penguin Solutions, has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: 3 Reliable Dividend Stocks To Consider With At Least 3.2 percent Yield |
Check out Penguin Solutions, Backtesting, Penguin Solutions, Valuation, Penguin Solutions, Correlation, Penguin Solutions, Hype Analysis, Penguin Solutions, Volatility, Penguin Solutions, History as well as Penguin Solutions, Performance. For more detail on how to invest in Penguin Stock please use our How to Invest in Penguin Solutions, guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Electronic Equipment 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 Penguin Solutions,. If investors know Penguin 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 Penguin Solutions, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.85) | Revenue Per Share 22.332 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0086 | Return On Equity (0.13) |
The market value of Penguin Solutions, is measured differently than its book value, which is the value of Penguin that is recorded on the company's balance sheet. Investors also form their own opinion of Penguin Solutions,'s value that differs from its market value or its book value, called intrinsic value, which is Penguin Solutions,'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 Penguin Solutions,'s market value can be influenced by many factors that don't directly affect Penguin Solutions,'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 Penguin Solutions,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Penguin Solutions, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penguin Solutions,'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.