Prime Financial (Australia) Probability of Future Stock Price Finishing Over 0.23
| PFG Stock | 0.23 0.01 4.55% |
Prime |
Prime Financial Target Price Odds to finish over 0.23
The tendency of Prime 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 above the current price in 90 days |
| 0.23 | 90 days | 0.23 | about 13.16 |
Based on a normal probability distribution, the odds of Prime Financial to move above the current price in 90 days from now is about 13.16 (This Prime Financial Group probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Prime Financial has a beta of 0.26 indicating as returns on the market go up, Prime Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prime Financial Group will be expected to be much smaller as well. Additionally Prime Financial Group has an alpha of 0.1404, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prime Financial Price Density |
| Price |
Predictive Modules for Prime Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Financial Group. 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.Prime Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prime Financial is not an exception. The market had few large corrections towards the Prime Financial'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 Prime Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prime Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Prime Financial 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 Prime Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prime Financial Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prime Financial has some characteristics of a very speculative penny stock | |
| Prime Financial had very high historical volatility over the last 90 days | |
| Prime Financial is unlikely to experience financial distress in the next 2 years | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Prime Financial 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 Prime Stock often depends not only on the future outlook of the current and potential Prime Financial'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. Prime Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 208.5 M | |
| Cash And Short Term Investments | 507.9 K |
Prime Financial Technical Analysis
Prime Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Prime Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prime Financial Group. In general, you should focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environments and drivers.
Prime Financial Predictive Forecast Models
Prime Financial's time-series forecasting models is one of many Prime Financial'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 Prime Financial'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 Prime Financial Group
Checking the ongoing alerts about Prime Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prime Financial Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prime Financial has some characteristics of a very speculative penny stock | |
| Prime Financial had very high historical volatility over the last 90 days | |
| Prime Financial is unlikely to experience financial distress in the next 2 years | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Prime Stock Analysis
When running Prime Financial's price analysis, check to measure Prime Financial'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 Prime Financial is operating at the current time. Most of Prime Financial's value examination focuses on studying past and present price action to predict the probability of Prime Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Financial's price. Additionally, you may evaluate how the addition of Prime Financial to your portfolios can decrease your overall portfolio volatility.