Plug Power (Germany) Probability of Future Stock Price Finishing Under 2.19
| PLUN Stock | EUR 2.09 0.05 2.45% |
Plug |
Plug Power Target Price Odds to finish below 2.19
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 stay under € 2.19 after 90 days |
| 2.09 | 90 days | 2.19 | about 98.0 |
Based on a normal probability distribution, the odds of Plug Power to stay under € 2.19 after 90 days from now is about 98.0 (This Plug Power probability density function shows the probability of Plug Stock to fall within a particular range of prices over 90 days) . Probability of Plug Power price to stay between its current price of € 2.09 and € 2.19 at the end of the 90-day period is about 6.14 .
Assuming the 90 days trading horizon Plug Power has a beta of -0.11 indicating as returns on the benchmark increase, returns on holding Plug Power are expected to decrease at a much lower rate. During a bear market, however, Plug Power is likely to outperform the market. Additionally Plug Power has an alpha of 0.4845, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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.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 | 0.48 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.06 |
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 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 502.34 M. Net Loss for the year was (459.96 M) with loss before overhead, payroll, taxes, and interest of (99.32 M). | |
| Plug Power has accumulated about 39.34 M in cash with (358.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Roughly 58.0% of the company shares are owned by institutional investors |
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 | 577.7 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 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 502.34 M. Net Loss for the year was (459.96 M) with loss before overhead, payroll, taxes, and interest of (99.32 M). | |
| Plug Power has accumulated about 39.34 M in cash with (358.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Roughly 58.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Plug Stock
When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:Check out Plug Power Backtesting, Plug Power Valuation, Plug Power Correlation, Plug Power Hype Analysis, Plug Power Volatility, Plug Power 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.