Polar Power Stock Probability of Future Stock Price Finishing Over 24.75
| POLA Stock | USD 3.30 0.08 2.37% |
Polar |
Polar Power Target Price Odds to finish over 24.75
The tendency of Polar 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 $ 24.75 or more in 90 days |
| 3.30 | 90 days | 24.75 | close to zero percent |
Based on a normal probability distribution, the odds of Polar Power to move over $ 24.75 or more in 90 days from now is close to zero percent (This Polar Power probability density function shows the probability of Polar Stock to fall within a particular range of prices over 90 days) . Probability of Polar Power price to stay between its current price of $ 3.30 and $ 24.75 at the end of the 90-day period is about 36.14 .
Given the investment horizon of 90 days Polar Power has a beta of 0.13 indicating as returns on the market go up, Polar Power average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Polar Power will be expected to be much smaller as well. Additionally Polar Power has an alpha of 0.4387, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Polar Power Price Density |
| Price |
Predictive Modules for Polar Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Polar Power. 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.Polar Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Polar Power is not an exception. The market had few large corrections towards the Polar Power'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 Polar Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Polar Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | 0.05 |
Polar Power 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 Polar Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Polar Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Polar Power had very high historical volatility over the last 90 days | |
| Polar Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.29 M. Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| Polar Power currently holds about 2.66 M in cash with (3.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Polar Power Announces Preliminary 2024 Third Quarter Financial Results Expected Net Sales of 4.7 - 5.2 Million and Gross Margin of 26-32 |
Polar Power 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 Polar Stock often depends not only on the future outlook of the current and potential Polar Power'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. Polar Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 M | |
| Cash And Short Term Investments | 549 K |
Polar Power Technical Analysis
Polar Power's future price can be derived by breaking down and analyzing its technical indicators over time. Polar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Polar Power. In general, you should focus on analyzing Polar Stock price patterns and their correlations with different microeconomic environments and drivers.
Polar Power Predictive Forecast Models
Polar Power's time-series forecasting models is one of many Polar Power'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 Polar Power'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 Polar Power
Checking the ongoing alerts about Polar Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Polar Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Polar Power had very high historical volatility over the last 90 days | |
| Polar Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.29 M. Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| Polar Power currently holds about 2.66 M in cash with (3.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Polar Power Announces Preliminary 2024 Third Quarter Financial Results Expected Net Sales of 4.7 - 5.2 Million and Gross Margin of 26-32 |
Check out Polar Power Backtesting, Polar Power Valuation, Polar Power Correlation, Polar Power Hype Analysis, Polar Power Volatility, Polar Power History as well as Polar Power Performance. For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polar Power. If investors know Polar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polar Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.24) | Revenue Per Share 0.766 | Quarterly Revenue Growth (0.17) | Return On Assets (0.15) | Return On Equity (0.47) |
The market value of Polar Power is measured differently than its book value, which is the value of Polar that is recorded on the company's balance sheet. Investors also form their own opinion of Polar Power's value that differs from its market value or its book value, called intrinsic value, which is Polar Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polar Power's market value can be influenced by many factors that don't directly affect Polar Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polar Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polar Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polar Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.