Pingtan Marine Enterprise Probability of Future Stock Price Finishing Over 0.26
| PMEDelisted Stock | USD 0.27 0.00 0.00% |
Pingtan |
Pingtan Marine Target Price Odds to finish over 0.26
The tendency of Pingtan 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 above $ 0.26 in 90 days |
| 0.27 | 90 days | 0.26 | about 82.2 |
Based on a normal probability distribution, the odds of Pingtan Marine to stay above $ 0.26 in 90 days from now is about 82.2 (This Pingtan Marine Enterprise probability density function shows the probability of Pingtan Stock to fall within a particular range of prices over 90 days) . Probability of Pingtan Marine Enterprise price to stay between $ 0.26 and its current price of $0.27 at the end of the 90-day period is roughly 2.07 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.06 indicating Pingtan Marine Enterprise market returns are highly-sensitive to returns on the market. As the market goes up or down, Pingtan Marine is expected to follow. Additionally Pingtan Marine Enterprise has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pingtan Marine Price Density |
| Price |
Predictive Modules for Pingtan Marine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pingtan Marine Enterprise. 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.Pingtan Marine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pingtan Marine is not an exception. The market had few large corrections towards the Pingtan Marine'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 Pingtan Marine Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pingtan Marine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.9 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.09 |
Pingtan Marine 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 Pingtan Marine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pingtan Marine Enterprise can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pingtan Marine is not yet fully synchronised with the market data | |
| Pingtan Marine has some characteristics of a very speculative penny stock | |
| Pingtan Marine has a very high chance of going through financial distress in the upcoming years | |
| Pingtan Marine Enterprise has 240.73 M in debt with debt to equity (D/E) ratio of 4.51, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Pingtan Marine Enterprise has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pingtan to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 87.24 M. Reported Net Loss for the year was (77.62 M) with loss before taxes, overhead, and interest of (12.64 M). | |
| Pingtan Marine Enterprise has about 4.05 M in cash with (32.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 53.0% of Pingtan Marine outstanding shares are owned by corporate insiders |
Pingtan Marine 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 Pingtan Stock often depends not only on the future outlook of the current and potential Pingtan Marine'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. Pingtan Marine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.1 M | |
| Cash And Short Term Investments | 691.9 K |
Pingtan Marine Technical Analysis
Pingtan Marine's future price can be derived by breaking down and analyzing its technical indicators over time. Pingtan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pingtan Marine Enterprise. In general, you should focus on analyzing Pingtan Stock price patterns and their correlations with different microeconomic environments and drivers.
Pingtan Marine Predictive Forecast Models
Pingtan Marine's time-series forecasting models is one of many Pingtan Marine'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 Pingtan Marine'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 Pingtan Marine Enterprise
Checking the ongoing alerts about Pingtan Marine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pingtan Marine Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pingtan Marine is not yet fully synchronised with the market data | |
| Pingtan Marine has some characteristics of a very speculative penny stock | |
| Pingtan Marine has a very high chance of going through financial distress in the upcoming years | |
| Pingtan Marine Enterprise has 240.73 M in debt with debt to equity (D/E) ratio of 4.51, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Pingtan Marine Enterprise has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pingtan to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 87.24 M. Reported Net Loss for the year was (77.62 M) with loss before taxes, overhead, and interest of (12.64 M). | |
| Pingtan Marine Enterprise has about 4.05 M in cash with (32.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 53.0% of Pingtan Marine outstanding shares are owned by corporate insiders |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Pingtan Stock
If you are still planning to invest in Pingtan Marine Enterprise check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pingtan Marine's history and understand the potential risks before investing.
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