Portage Fintech Acquisition Probability of Future Stock Price Finishing Over 10.8
| PFTADelisted Stock | USD 10.76 0.08 0.74% |
Portage |
Portage Fintech Target Price Odds to finish over 10.8
The tendency of Portage 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 $ 10.80 or more in 90 days |
| 10.76 | 90 days | 10.80 | about 41.87 |
Based on a normal probability distribution, the odds of Portage Fintech to move over $ 10.80 or more in 90 days from now is about 41.87 (This Portage Fintech Acquisition probability density function shows the probability of Portage Stock to fall within a particular range of prices over 90 days) . Probability of Portage Fintech Acqu price to stay between its current price of $ 10.76 and $ 10.80 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Portage Fintech Acquisition has a beta of -0.25 indicating as returns on the benchmark increase, returns on holding Portage Fintech are expected to decrease at a much lower rate. During a bear market, however, Portage Fintech Acquisition is likely to outperform the market. Additionally Portage Fintech Acquisition has an alpha of 0.0467, implying that it can generate a 0.0467 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Portage Fintech Price Density |
| Price |
Predictive Modules for Portage Fintech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Portage Fintech Acqu. 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 Portage Fintech'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.
Portage Fintech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Portage Fintech is not an exception. The market had few large corrections towards the Portage Fintech'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 Portage Fintech Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Portage Fintech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 2.63 | |
Ir | Information ratio | -0.04 |
Portage Fintech 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 Portage Fintech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Portage Fintech Acqu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Portage Fintech Acqu is not yet fully synchronised with the market data | |
| Portage Fintech Acqu has a very high chance of going through financial distress in the upcoming years | |
| Portage Fintech Acquisition currently holds about 668.93 K in cash with (2.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: PFTA stock touches 52-week low at 10.33 amid market shifts By Investing.com - Investing.com South Africa |
Portage Fintech 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 Portage Stock often depends not only on the future outlook of the current and potential Portage Fintech'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. Portage Fintech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.7 M | |
| Cash And Short Term Investments | 102.9 K |
Portage Fintech Technical Analysis
Portage Fintech's future price can be derived by breaking down and analyzing its technical indicators over time. Portage Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Portage Fintech Acquisition. In general, you should focus on analyzing Portage Stock price patterns and their correlations with different microeconomic environments and drivers.
Portage Fintech Predictive Forecast Models
Portage Fintech's time-series forecasting models is one of many Portage Fintech'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 Portage Fintech'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 Portage Fintech Acqu
Checking the ongoing alerts about Portage Fintech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Portage Fintech Acqu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Portage Fintech Acqu is not yet fully synchronised with the market data | |
| Portage Fintech Acqu has a very high chance of going through financial distress in the upcoming years | |
| Portage Fintech Acquisition currently holds about 668.93 K in cash with (2.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: PFTA stock touches 52-week low at 10.33 amid market shifts By Investing.com - Investing.com South Africa |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Portage Stock
If you are still planning to invest in Portage Fintech Acqu check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Portage Fintech's history and understand the potential risks before investing.
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