Pagaya Technologies Ltd Stock Probability of Future Stock Price Finishing Under 0
| PGYWW Stock | USD 0.23 0.00 0.00% |
Pagaya |
Pagaya Technologies Target Price Odds to finish below 0
The tendency of Pagaya 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 $ 0.00 or more in 90 days |
| 0.23 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Pagaya Technologies to drop to $ 0.00 or more in 90 days from now is near 1 (This Pagaya Technologies Ltd probability density function shows the probability of Pagaya Stock to fall within a particular range of prices over 90 days) . Probability of Pagaya Technologies price to stay between $ 0.00 and its current price of $0.23 at the end of the 90-day period is about 49.93 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.9 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pagaya Technologies will likely underperform. Additionally Pagaya Technologies Ltd has an alpha of 0.2913, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pagaya Technologies Price Density |
| Price |
Predictive Modules for Pagaya 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 Pagaya Technologies. 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 Pagaya Technologies' 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.
Pagaya Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pagaya Technologies is not an exception. The market had few large corrections towards the Pagaya 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 Pagaya Technologies Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pagaya Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 1.90 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.04 |
Pagaya 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 Pagaya Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pagaya 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.| Pagaya Technologies is way too risky over 90 days horizon | |
| Pagaya Technologies has some characteristics of a very speculative penny stock | |
| Pagaya Technologies appears to be risky and price may revert if volatility continues | |
| Pagaya Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 772.81 M. Net Loss for the year was (128.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pagaya Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Pagaya stock slumps after soft network volume guidance - MSN |
Pagaya Technologies 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 Pagaya Stock often depends not only on the future outlook of the current and potential Pagaya Technologies' 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. Pagaya Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60 M | |
| Cash And Short Term Investments | 189 M |
Pagaya Technologies Technical Analysis
Pagaya Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Pagaya Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pagaya Technologies Ltd. In general, you should focus on analyzing Pagaya Stock price patterns and their correlations with different microeconomic environments and drivers.
Pagaya Technologies Predictive Forecast Models
Pagaya Technologies' time-series forecasting models is one of many Pagaya Technologies' 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 Pagaya 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 stock market movement and maximize returns from investment trading.
Things to note about Pagaya Technologies
Checking the ongoing alerts about Pagaya Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pagaya Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pagaya Technologies is way too risky over 90 days horizon | |
| Pagaya Technologies has some characteristics of a very speculative penny stock | |
| Pagaya Technologies appears to be risky and price may revert if volatility continues | |
| Pagaya Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 772.81 M. Net Loss for the year was (128.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pagaya Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Pagaya stock slumps after soft network volume guidance - MSN |
Additional Tools for Pagaya Stock Analysis
When running Pagaya Technologies' price analysis, check to measure Pagaya 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.