Planet Labs Pbc Stock Probability of Future Stock Price Finishing Over 8.67
| PL Stock | USD 3.78 0.27 7.69% |
Planet |
Planet Labs Target Price Odds to finish over 8.67
The tendency of Planet 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 $ 8.67 or more in 90 days |
| 3.78 | 90 days | 8.67 | close to zero percent |
Based on a normal probability distribution, the odds of Planet Labs to move over $ 8.67 or more in 90 days from now is close to zero percent (This Planet Labs PBC probability density function shows the probability of Planet Stock to fall within a particular range of prices over 90 days) . Probability of Planet Labs PBC price to stay between its current price of $ 3.78 and $ 8.67 at the end of the 90-day period is near 1 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 3.58 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, Planet Labs will likely underperform. Additionally Planet Labs PBC has an alpha of 0.1873, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Planet Labs Price Density |
| Price |
Predictive Modules for Planet Labs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Planet Labs PBC. 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.Planet Labs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Planet Labs is not an exception. The market had few large corrections towards the Planet Labs' 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 Planet Labs PBC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Planet Labs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 3.58 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.09 |
Planet Labs 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 Planet Labs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Planet Labs PBC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Planet Labs PBC is way too risky over 90 days horizon | |
| Planet Labs PBC appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 220.7 M. Annual Net Loss to common stockholders was (140.51 M) with gross profit of 94.01 M. | |
| Planet Labs PBC reports about 181.89 M in cash with (50.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7. | |
| Planet Labs PBC has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com: Why Planet Labs Stock Was Aggressively Defying Gravity This Week |
Planet Labs 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 Planet Stock often depends not only on the future outlook of the current and potential Planet Labs' 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. Planet Labs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 279.6 M | |
| Cash And Short Term Investments | 307.3 M |
Planet Labs Technical Analysis
Planet Labs' future price can be derived by breaking down and analyzing its technical indicators over time. Planet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Planet Labs PBC. In general, you should focus on analyzing Planet Stock price patterns and their correlations with different microeconomic environments and drivers.
Planet Labs Predictive Forecast Models
Planet Labs' time-series forecasting models is one of many Planet Labs' 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 Planet Labs' 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 Planet Labs PBC
Checking the ongoing alerts about Planet Labs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Planet Labs PBC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Planet Labs PBC is way too risky over 90 days horizon | |
| Planet Labs PBC appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 220.7 M. Annual Net Loss to common stockholders was (140.51 M) with gross profit of 94.01 M. | |
| Planet Labs PBC reports about 181.89 M in cash with (50.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7. | |
| Planet Labs PBC has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com: Why Planet Labs Stock Was Aggressively Defying Gravity This Week |
Check out Planet Labs Backtesting, Planet Labs Valuation, Planet Labs Correlation, Planet Labs Hype Analysis, Planet Labs Volatility, Planet Labs History as well as Planet Labs Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Industrial Machinery & Supplies & Components 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 Planet Labs. If investors know Planet 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 Planet Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 0.82 | Quarterly Revenue Growth 0.136 | Return On Assets (0.13) | Return On Equity (0.27) |
The market value of Planet Labs PBC is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Labs' value that differs from its market value or its book value, called intrinsic value, which is Planet Labs' 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 Planet Labs' market value can be influenced by many factors that don't directly affect Planet Labs' 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 Planet Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Labs' 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.