Penta Ocean (Germany) Probability of Future Stock Price Finishing Under 2.37
| PO6 Stock | EUR 3.76 0.08 2.08% |
Penta |
Penta Ocean Target Price Odds to finish below 2.37
The tendency of Penta 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 € 2.37 or more in 90 days |
| 3.76 | 90 days | 2.37 | near 1 |
Based on a normal probability distribution, the odds of Penta Ocean to drop to € 2.37 or more in 90 days from now is near 1 (This Penta Ocean Construction Co probability density function shows the probability of Penta Stock to fall within a particular range of prices over 90 days) . Probability of Penta Ocean Construc price to stay between € 2.37 and its current price of €3.76 at the end of the 90-day period is about 30.79 .
Assuming the 90 days horizon Penta Ocean Construction Co has a beta of -0.0963 indicating as returns on the benchmark increase, returns on holding Penta Ocean are expected to decrease at a much lower rate. During a bear market, however, Penta Ocean Construction Co is likely to outperform the market. Additionally Penta Ocean Construction Co 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. Penta Ocean Price Density |
| Price |
Predictive Modules for Penta Ocean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penta Ocean Construc. 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.Penta Ocean Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penta Ocean is not an exception. The market had few large corrections towards the Penta Ocean'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 Penta Ocean Construction Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Penta Ocean within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.15 |
Penta Ocean 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 Penta Ocean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penta Ocean Construc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Penta Ocean Construc generated a negative expected return over the last 90 days | |
| Penta Ocean Construc has high likelihood to experience some financial distress in the next 2 years | |
| Penta Ocean Construction Co has accumulated about 533.77 M in cash with (7.69 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Roughly 57.0% of the company shares are owned by institutional investors |
Penta Ocean 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 Penta Stock often depends not only on the future outlook of the current and potential Penta Ocean'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. Penta Ocean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 285.1 M | |
| Short Long Term Debt | 39.1 B |
Penta Ocean Technical Analysis
Penta Ocean's future price can be derived by breaking down and analyzing its technical indicators over time. Penta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Penta Ocean Construction Co. In general, you should focus on analyzing Penta Stock price patterns and their correlations with different microeconomic environments and drivers.
Penta Ocean Predictive Forecast Models
Penta Ocean's time-series forecasting models is one of many Penta Ocean'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 Penta Ocean'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 Penta Ocean Construc
Checking the ongoing alerts about Penta Ocean for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penta Ocean Construc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penta Ocean Construc generated a negative expected return over the last 90 days | |
| Penta Ocean Construc has high likelihood to experience some financial distress in the next 2 years | |
| Penta Ocean Construction Co has accumulated about 533.77 M in cash with (7.69 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Roughly 57.0% of the company shares are owned by institutional investors |
Other Information on Investing in Penta Stock
Penta Ocean financial ratios help investors to determine whether Penta Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Penta with respect to the benefits of owning Penta Ocean security.