Paragon Technologies Stock Probability of Future Pink Sheet Price Finishing Under 3.13
| PGNT Stock | USD 7.65 0.05 0.65% |
Paragon |
Paragon Technologies Target Price Odds to finish below 3.13
The tendency of Paragon Pink Sheet 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 $ 3.13 or more in 90 days |
| 7.65 | 90 days | 3.13 | near 1 |
Based on a normal probability distribution, the odds of Paragon Technologies to drop to $ 3.13 or more in 90 days from now is near 1 (This Paragon Technologies probability density function shows the probability of Paragon Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Paragon Technologies price to stay between $ 3.13 and its current price of $7.65 at the end of the 90-day period is about 89.67 .
Given the investment horizon of 90 days Paragon Technologies has a beta of 0.25 indicating as returns on the market go up, Paragon Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Paragon Technologies will be expected to be much smaller as well. Additionally Paragon Technologies has an alpha of 0.1541, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Paragon Technologies Price Density |
| Price |
Predictive Modules for Paragon Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paragon Technologies. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Paragon Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Paragon Technologies is not an exception. The market had few large corrections towards the Paragon Technologies' 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 Paragon Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Paragon Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | 0.02 |
Paragon Technologies 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 Paragon Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Paragon Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Paragon Technologies had very high historical volatility over the last 90 days |
Paragon Technologies Technical Analysis
Paragon Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Paragon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Paragon Technologies. In general, you should focus on analyzing Paragon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Paragon Technologies Predictive Forecast Models
Paragon Technologies' time-series forecasting models is one of many Paragon Technologies' pink sheet 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 Paragon Technologies' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Paragon Technologies
Checking the ongoing alerts about Paragon Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Paragon Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Paragon Technologies had very high historical volatility over the last 90 days |
Additional Tools for Paragon Pink Sheet Analysis
When running Paragon Technologies' price analysis, check to measure Paragon Technologies' 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 Paragon Technologies is operating at the current time. Most of Paragon Technologies' value examination focuses on studying past and present price action to predict the probability of Paragon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paragon Technologies' price. Additionally, you may evaluate how the addition of Paragon Technologies to your portfolios can decrease your overall portfolio volatility.