Plug Power Stock Probability of Future Stock Price Finishing Over 1.89
| PLUG Stock | USD 1.89 0.07 3.85% |
Closest to current price Plug long PUT Option Payoff at Expiration
Plug Power Target Price Odds to finish over 1.89
The tendency of Plug 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 above the current price in 90 days |
| 1.89 | 90 days | 1.89 | more than 93.0 |
Based on a normal probability distribution, the odds of Plug Power to move above the current price in 90 days from now is more than 93.0 (This Plug Power probability density function shows the probability of Plug Stock to fall within a particular range of prices over 90 days) .
Plug Power Price Density |
| Price |
Predictive Modules for Plug Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plug Power. 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 Plug Power's 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.
Plug Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plug Power is not an exception. The market had few large corrections towards the Plug Power'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 Plug Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plug Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 3.05 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.07 |
Plug Power 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 Plug Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plug Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plug Power had very high historical volatility over the last 90 days | |
| Plug Power may become a speculative penny stock | |
| Plug Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 628.81 M. Net Loss for the year was (2.1 B) with loss before overhead, payroll, taxes, and interest of (478.04 M). | |
| Plug Power currently holds about 2.7 B in cash with (728.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Plug Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Plug Power Share Expansion Fuels Fundraising Hopes Despite Mounting Risks |
Plug Power 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 Plug Stock often depends not only on the future outlook of the current and potential Plug Power'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. Plug Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 858.4 M | |
| Cash And Short Term Investments | 205.7 M |
Plug Power Technical Analysis
Plug Power's future price can be derived by breaking down and analyzing its technical indicators over time. Plug Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plug Power. In general, you should focus on analyzing Plug Stock price patterns and their correlations with different microeconomic environments and drivers.
Plug Power Predictive Forecast Models
Plug Power's time-series forecasting models is one of many Plug Power'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 Plug Power'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 Plug Power
Checking the ongoing alerts about Plug Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plug Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plug Power had very high historical volatility over the last 90 days | |
| Plug Power may become a speculative penny stock | |
| Plug Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 628.81 M. Net Loss for the year was (2.1 B) with loss before overhead, payroll, taxes, and interest of (478.04 M). | |
| Plug Power currently holds about 2.7 B in cash with (728.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Plug Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Plug Power Share Expansion Fuels Fundraising Hopes Despite Mounting Risks |
Check out Plug Power Analysis, Plug Power Valuation, Plug Power Correlation, Plug Power Hype Analysis, Plug Power Volatility, Plug Power Price History as well as Plug Power Performance. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Can Electrical Components & Equipment industry sustain growth momentum? Does Plug have expansion opportunities? Factors like these will boost the valuation of Plug Power. Anticipated expansion of Plug directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Plug Power demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (2.38) | Revenue Per Share | Quarterly Revenue Growth 0.019 | Return On Assets | Return On Equity |
Plug Power's market price often diverges from its book value, the accounting figure shown on Plug's balance sheet. Smart investors calculate Plug Power's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Plug Power's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Plug Power's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Plug Power should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Plug Power's 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.