Power Nickel Stock Probability of Future Stock Price Finishing Under 0.71
| PNPN Stock | 0.89 0.09 11.25% |
Power |
Power Nickel Target Price Odds to finish below 0.71
The tendency of Power 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 0.71 or more in 90 days |
| 0.89 | 90 days | 0.71 | about 23.62 |
Based on a normal probability distribution, the odds of Power Nickel to drop to 0.71 or more in 90 days from now is about 23.62 (This Power Nickel probability density function shows the probability of Power Stock to fall within a particular range of prices over 90 days) . Probability of Power Nickel price to stay between 0.71 and its current price of 0.89 at the end of the 90-day period is about 75.63 .
Assuming the 90 days trading horizon Power Nickel has a beta of -0.25 indicating as returns on the benchmark increase, returns on holding Power Nickel are expected to decrease at a much lower rate. During a bear market, however, Power Nickel is likely to outperform the market. Additionally Power Nickel has an alpha of 0.8156, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Power Nickel Price Density |
| Price |
Predictive Modules for Power Nickel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Power Nickel. 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.Power Nickel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Power Nickel is not an exception. The market had few large corrections towards the Power Nickel'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 Power Nickel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Power Nickel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.15 |
Power Nickel 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 Power Nickel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Power Nickel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Power Nickel has some characteristics of a very speculative penny stock | |
| Power Nickel appears to be risky and price may revert if volatility continues | |
| Power Nickel has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Power Nickel generates negative cash flow from operations | |
| About 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Power Nickels Strategic Spin-Out Gains Approval - TipRanks |
Power Nickel 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 Power Stock often depends not only on the future outlook of the current and potential Power Nickel'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. Power Nickel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 149.9 M | |
| Shares Float | 162.8 M |
Power Nickel Technical Analysis
Power Nickel's future price can be derived by breaking down and analyzing its technical indicators over time. Power Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Power Nickel. In general, you should focus on analyzing Power Stock price patterns and their correlations with different microeconomic environments and drivers.
Power Nickel Predictive Forecast Models
Power Nickel's time-series forecasting models is one of many Power Nickel'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 Power Nickel'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 Power Nickel
Checking the ongoing alerts about Power Nickel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Power Nickel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Power Nickel has some characteristics of a very speculative penny stock | |
| Power Nickel appears to be risky and price may revert if volatility continues | |
| Power Nickel has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Power Nickel generates negative cash flow from operations | |
| About 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Power Nickels Strategic Spin-Out Gains Approval - TipRanks |
Additional Tools for Power Stock Analysis
When running Power Nickel's price analysis, check to measure Power Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Power Nickel is operating at the current time. Most of Power Nickel's value examination focuses on studying past and present price action to predict the probability of Power Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Nickel's price. Additionally, you may evaluate how the addition of Power Nickel to your portfolios can decrease your overall portfolio volatility.