Prestige Cars International Stock Probability of Future Pink Sheet Price Finishing Under 0.00
| PREC Stock | USD 0.01 0.01 129.27% |
Prestige |
Prestige Cars Target Price Odds to finish below 0.00
The tendency of Prestige 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 $ 0.00 or more in 90 days |
| 0.01 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Prestige Cars to drop to $ 0.00 or more in 90 days from now is near 1 (This Prestige Cars International probability density function shows the probability of Prestige Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Prestige Cars Intern price to stay between $ 0.00 and its current price of $0.0094 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days Prestige Cars International has a beta of -0.78 indicating as returns on the benchmark increase, returns on holding Prestige Cars are expected to decrease at a much lower rate. During a bear market, however, Prestige Cars International is likely to outperform the market. In addition to that Prestige Cars International has an alpha of 2.0642, implying that it can generate a 2.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prestige Cars Price Density |
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Predictive Modules for Prestige Cars
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prestige Cars Intern. 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 Prestige Cars' 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.
Prestige Cars Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prestige Cars is not an exception. The market had few large corrections towards the Prestige Cars' 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 Prestige Cars International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prestige Cars within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.06 | |
β | Beta against Dow Jones | -0.78 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.12 |
Prestige Cars 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 Prestige Cars for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prestige Cars Intern can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prestige Cars Intern is way too risky over 90 days horizon | |
| Prestige Cars Intern has some characteristics of a very speculative penny stock | |
| Prestige Cars Intern appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 6.09 M. Net Loss for the year was (13.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prestige Cars generates negative cash flow from operations |
Prestige Cars 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 Prestige Pink Sheet often depends not only on the future outlook of the current and potential Prestige Cars' 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. Prestige Cars' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.6 M | |
| Cash And Short Term Investments | 2.7 M |
Prestige Cars Technical Analysis
Prestige Cars' future price can be derived by breaking down and analyzing its technical indicators over time. Prestige Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prestige Cars International. In general, you should focus on analyzing Prestige Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Prestige Cars Predictive Forecast Models
Prestige Cars' time-series forecasting models is one of many Prestige Cars' 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 Prestige Cars' 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 Prestige Cars Intern
Checking the ongoing alerts about Prestige Cars for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prestige Cars Intern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prestige Cars Intern is way too risky over 90 days horizon | |
| Prestige Cars Intern has some characteristics of a very speculative penny stock | |
| Prestige Cars Intern appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 6.09 M. Net Loss for the year was (13.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prestige Cars generates negative cash flow from operations |
Other Information on Investing in Prestige Pink Sheet
Prestige Cars financial ratios help investors to determine whether Prestige Pink Sheet 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 Prestige with respect to the benefits of owning Prestige Cars security.