Petrofac Ltd Adr Stock Odds of Future Pink Sheet Price Finishing Under 0.0588
| POFCY Stock | USD 0.06 0.00 0.00% |
Petrofac |
Petrofac Target Price Odds to finish below 0.0588
The tendency of Petrofac Pink Sheet 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 $ 0.06 or more in 90 days |
| 0.06 | 90 days | 0.06 | about 6.21 |
Based on a normal probability distribution, the odds of Petrofac to drop to $ 0.06 or more in 90 days from now is about 6.21 (This Petrofac Ltd ADR probability density function shows the probability of Petrofac Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Petrofac ADR price to stay between $ 0.06 and its current price of $0.06 at the end of the 90-day period is about 1.23 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 2.34 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Petrofac will likely underperform. Additionally Petrofac Ltd ADR 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. Petrofac Price Density |
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Predictive Modules for Petrofac
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petrofac ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Petrofac's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Petrofac Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Petrofac is not an exception. The market had few large corrections towards the Petrofac'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 Petrofac Ltd ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Petrofac within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.65 | |
β | Beta against Dow Jones | 2.34 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Petrofac 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 Petrofac for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Petrofac ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Petrofac ADR generated a negative expected return over the last 90 days | |
| Petrofac ADR has high historical volatility and very poor performance | |
| Petrofac ADR has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 3.06 B. Net Loss for the year was (195 M) with profit before overhead, payroll, taxes, and interest of 178 M. | |
| Petrofac Ltd ADR has accumulated about 430 M in cash with (161 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Petrofac 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 Petrofac Pink Sheet often depends not only on the future outlook of the current and potential Petrofac'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. Petrofac's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 519.8 M |
Petrofac Technical Analysis
Petrofac's future price can be derived by breaking down and analyzing its technical indicators over time. Petrofac Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Petrofac Ltd ADR. In general, you should focus on analyzing Petrofac Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Petrofac Predictive Forecast Models
Petrofac's time-series forecasting models is one of many Petrofac's pink sheet 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 Petrofac'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Petrofac ADR
Checking the ongoing alerts about Petrofac for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Petrofac ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Petrofac ADR generated a negative expected return over the last 90 days | |
| Petrofac ADR has high historical volatility and very poor performance | |
| Petrofac ADR has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 3.06 B. Net Loss for the year was (195 M) with profit before overhead, payroll, taxes, and interest of 178 M. | |
| Petrofac Ltd ADR has accumulated about 430 M in cash with (161 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Petrofac Pink Sheet Analysis
When running Petrofac's price analysis, check to measure Petrofac'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 Petrofac is operating at the current time. Most of Petrofac's value examination focuses on studying past and present price action to predict the probability of Petrofac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrofac's price. Additionally, you may evaluate how the addition of Petrofac to your portfolios can decrease your overall portfolio volatility.