Prada Spa Pk Stock Probability of Future Pink Sheet Price Finishing Under 13.93
| PRDSY Stock | USD 14.04 0.11 0.78% |
Prada |
Prada Spa Target Price Odds to finish below 13.93
The tendency of Prada 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 $ 13.93 or more in 90 days |
| 14.04 | 90 days | 13.93 | about 41.95 |
Based on a normal probability distribution, the odds of Prada Spa to drop to $ 13.93 or more in 90 days from now is about 41.95 (This Prada Spa PK probability density function shows the probability of Prada Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Prada Spa PK price to stay between $ 13.93 and its current price of $14.04 at the end of the 90-day period is about 6.13 .
Assuming the 90 days horizon Prada Spa PK has a beta of -0.0324 indicating as returns on the benchmark increase, returns on holding Prada Spa are expected to decrease at a much lower rate. During a bear market, however, Prada Spa PK is likely to outperform the market. Additionally Prada Spa PK 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. Prada Spa Price Density |
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Predictive Modules for Prada Spa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prada Spa PK. 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 Prada Spa'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.
Prada Spa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prada Spa is not an exception. The market had few large corrections towards the Prada Spa'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 Prada Spa PK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prada Spa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.07 |
Prada Spa 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 Prada Pink Sheet often depends not only on the future outlook of the current and potential Prada Spa'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. Prada Spa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B | |
| Short Long Term Debt | 252.5 M |
Prada Spa Technical Analysis
Prada Spa's future price can be derived by breaking down and analyzing its technical indicators over time. Prada Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prada Spa PK. In general, you should focus on analyzing Prada Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Prada Spa Predictive Forecast Models
Prada Spa's time-series forecasting models is one of many Prada Spa'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 Prada Spa'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Prada Spa in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Prada Spa's short interest history, or implied volatility extrapolated from Prada Spa options trading.
Additional Tools for Prada Pink Sheet Analysis
When running Prada Spa's price analysis, check to measure Prada Spa'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 Prada Spa is operating at the current time. Most of Prada Spa's value examination focuses on studying past and present price action to predict the probability of Prada Spa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prada Spa's price. Additionally, you may evaluate how the addition of Prada Spa to your portfolios can decrease your overall portfolio volatility.