Pact Group (Australia) Probability of Future Stock Price Finishing Over 2.54
| PGH Stock | 0.81 0.01 1.25% |
Pact |
Pact Group Target Price Odds to finish over 2.54
The tendency of Pact 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 2.54 or more in 90 days |
| 0.81 | 90 days | 2.54 | close to zero percent |
Based on a normal probability distribution, the odds of Pact Group to move over 2.54 or more in 90 days from now is close to zero percent (This Pact Group Holdings probability density function shows the probability of Pact Stock to fall within a particular range of prices over 90 days) . Probability of Pact Group Holdings price to stay between its current price of 0.81 and 2.54 at the end of the 90-day period is about 71.95 .
Assuming the 90 days trading horizon Pact Group Holdings has a beta of -0.0428 indicating as returns on the benchmark increase, returns on holding Pact Group are expected to decrease at a much lower rate. During a bear market, however, Pact Group Holdings is likely to outperform the market. Additionally Pact Group Holdings has an alpha of 0.0673, implying that it can generate a 0.0673 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pact Group Price Density |
| Price |
Predictive Modules for Pact Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pact Group Holdings. 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.Pact Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pact Group is not an exception. The market had few large corrections towards the Pact Group'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 Pact Group Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pact Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.04 |
Pact Group 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 Pact Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pact Group Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pact Group Holdings has some characteristics of a very speculative penny stock | |
| Pact Group Holdings has high likelihood to experience some financial distress in the next 2 years | |
| About 97.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pact Group Faces Shareholder Dissent at AGM - TipRanks |
Pact Group 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 Pact Stock often depends not only on the future outlook of the current and potential Pact Group'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. Pact Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 346.2 M | |
| Cash And Short Term Investments | 69.4 M |
Pact Group Technical Analysis
Pact Group's future price can be derived by breaking down and analyzing its technical indicators over time. Pact Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pact Group Holdings. In general, you should focus on analyzing Pact Stock price patterns and their correlations with different microeconomic environments and drivers.
Pact Group Predictive Forecast Models
Pact Group's time-series forecasting models is one of many Pact Group'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 Pact Group'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 Pact Group Holdings
Checking the ongoing alerts about Pact Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pact Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pact Group Holdings has some characteristics of a very speculative penny stock | |
| Pact Group Holdings has high likelihood to experience some financial distress in the next 2 years | |
| About 97.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pact Group Faces Shareholder Dissent at AGM - TipRanks |
Additional Tools for Pact Stock Analysis
When running Pact Group's price analysis, check to measure Pact Group'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 Pact Group is operating at the current time. Most of Pact Group's value examination focuses on studying past and present price action to predict the probability of Pact Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pact Group's price. Additionally, you may evaluate how the addition of Pact Group to your portfolios can decrease your overall portfolio volatility.