Power Nickel Stock Probability of Future OTC Stock Price Finishing Over 4.48
| PNPNF Stock | 0.55 0.03 5.77% |
Power |
Power Nickel Target Price Odds to finish over 4.48
The tendency of Power OTC 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 4.48 or more in 90 days |
| 0.55 | 90 days | 4.48 | close to zero percent |
Based on a normal probability distribution, the odds of Power Nickel to move over 4.48 or more in 90 days from now is close to zero percent (This Power Nickel probability density function shows the probability of Power OTC Stock to fall within a particular range of prices over 90 days) . Probability of Power Nickel price to stay between its current price of 0.55 and 4.48 at the end of the 90-day period is about 34.34 .
Assuming the 90 days horizon Power Nickel has a beta of 0.18 indicating as returns on the market go up, Power Nickel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Power Nickel will be expected to be much smaller as well. Additionally Power Nickel has an alpha of 0.4147, implying that it can generate a 0.41 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 otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 | 0.41 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.08 |
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 had very high historical volatility over the last 90 days |
Power Nickel Technical Analysis
Power Nickel's future price can be derived by breaking down and analyzing its technical indicators over time. Power OTC 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 OTC 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 otc 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 otc 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 had very high historical volatility over the last 90 days |