Penta-Ocean Construction (Germany) Probability of Future Stock Price Finishing Under 3.19
| PO6 Stock | EUR 3.80 0.08 2.15% |
Penta-Ocean |
Penta-Ocean Construction Target Price Odds to finish below 3.19
The tendency of Penta-Ocean 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 € 3.19 or more in 90 days |
| 3.80 | 90 days | 3.19 | near 1 |
Based on a normal probability distribution, the odds of Penta-Ocean Construction to drop to € 3.19 or more in 90 days from now is near 1 (This Penta Ocean Construction Co probability density function shows the probability of Penta-Ocean Stock to fall within a particular range of prices over 90 days) . Probability of Penta-Ocean Construction price to stay between € 3.19 and its current price of €3.8 at the end of the 90-day period is about 46.35 .
Assuming the 90 days horizon Penta Ocean Construction Co has a beta of -0.0846 indicating as returns on the benchmark increase, returns on holding Penta-Ocean Construction 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 Construction Price Density |
| Price |
Predictive Modules for Penta-Ocean Construction
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 Construction. 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 Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penta-Ocean Construction is not an exception. The market had few large corrections towards the Penta-Ocean Construction'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 Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.13 |
Penta-Ocean Construction 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 Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penta-Ocean Construction 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 Construction generated a negative expected return over the last 90 days | |
| Penta-Ocean Construction 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 Construction 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-Ocean Stock often depends not only on the future outlook of the current and potential Penta-Ocean Construction'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 Construction'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 Construction Technical Analysis
Penta-Ocean Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Penta-Ocean 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-Ocean Stock price patterns and their correlations with different microeconomic environments and drivers.
Penta-Ocean Construction Predictive Forecast Models
Penta-Ocean Construction's time-series forecasting models is one of many Penta-Ocean Construction'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 Construction'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 Construction
Checking the ongoing alerts about Penta-Ocean Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penta-Ocean Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penta-Ocean Construction generated a negative expected return over the last 90 days | |
| Penta-Ocean Construction 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-Ocean Stock
Penta-Ocean Construction financial ratios help investors to determine whether Penta-Ocean 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-Ocean with respect to the benefits of owning Penta-Ocean Construction security.