Packagingof America (Germany) Probability of Future Stock Price Finishing Under 230.7
| PKA Stock | EUR 232.70 2.00 0.87% |
Packagingof |
Packagingof America Target Price Odds to finish below 230.7
The tendency of Packagingof 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 € 230.70 or more in 90 days |
| 232.70 | 90 days | 230.70 | about 98.0 |
Based on a normal probability distribution, the odds of Packagingof America to drop to € 230.70 or more in 90 days from now is about 98.0 (This Packaging of probability density function shows the probability of Packagingof Stock to fall within a particular range of prices over 90 days) . Probability of Packagingof America price to stay between € 230.70 and its current price of €232.7 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Packagingof America has a beta of 0.1 indicating as returns on the market go up, Packagingof America average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Packaging of will be expected to be much smaller as well. Additionally Packaging of has an alpha of 0.3811, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Packagingof America Price Density |
| Price |
Predictive Modules for Packagingof America
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Packagingof America. 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.Packagingof America Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Packagingof America is not an exception. The market had few large corrections towards the Packagingof America'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 Packaging of, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Packagingof America within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 15.04 | |
Ir | Information ratio | 0.21 |
Packagingof America 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 Packagingof America for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Packagingof America can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Packagingof America has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 97.0% of the company shares are owned by institutional investors |
Packagingof America 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 Packagingof Stock often depends not only on the future outlook of the current and potential Packagingof America'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. Packagingof America's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.7 M |
Packagingof America Technical Analysis
Packagingof America's future price can be derived by breaking down and analyzing its technical indicators over time. Packagingof Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Packaging of. In general, you should focus on analyzing Packagingof Stock price patterns and their correlations with different microeconomic environments and drivers.
Packagingof America Predictive Forecast Models
Packagingof America's time-series forecasting models is one of many Packagingof America'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 Packagingof America'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 Packagingof America
Checking the ongoing alerts about Packagingof America for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Packagingof America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Packagingof America has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 97.0% of the company shares are owned by institutional investors |
Other Information on Investing in Packagingof Stock
Packagingof America financial ratios help investors to determine whether Packagingof Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Packagingof with respect to the benefits of owning Packagingof America security.