Portage Fintech Acquisition Stock Probability of Future Stock Price Finishing Under 8.22
| PFTA Stock | USD 10.87 0.16 1.49% |
Portage |
Portage Fintech Target Price Odds to finish below 8.22
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 drop to $ 8.22 or more in 90 days |
| 10.87 | 90 days | 8.22 | about 21.7 |
Based on a normal probability distribution, the odds of Portage Fintech to drop to $ 8.22 or more in 90 days from now is about 21.7 (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 $ 8.22 and its current price of $10.87 at the end of the 90-day period is about 37.08 .
Given the investment horizon of 90 days Portage Fintech Acquisition has a beta of -0.46 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 0.0018, implying that it can generate a 0.001766 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 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 2.64 | |
Ir | Information ratio | -0.08 |
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 way too risky over 90 days horizon | |
| Portage Fintech Acqu appears to be risky and price may revert if volatility continues | |
| 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. | |
| Portage Fintech Acqu has a frail financial position based on the latest SEC disclosures | |
| 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 way too risky over 90 days horizon | |
| Portage Fintech Acqu appears to be risky and price may revert if volatility continues | |
| 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. | |
| Portage Fintech Acqu has a frail financial position based on the latest SEC disclosures | |
| 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 Portage Fintech Backtesting, Portage Fintech Valuation, Portage Fintech Correlation, Portage Fintech Hype Analysis, Portage Fintech Volatility, Portage Fintech History as well as Portage Fintech Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody Banks 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 Portage Fintech. If investors know Portage 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 Portage Fintech 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 (0.78) | Earnings Share 0.08 | Return On Assets (0.01) |
The market value of Portage Fintech Acqu is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Fintech's value that differs from its market value or its book value, called intrinsic value, which is Portage Fintech'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 Portage Fintech's market value can be influenced by many factors that don't directly affect Portage Fintech'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 Portage Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Fintech'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.