Prime Media (Philippines) Probability of Future Stock Price Finishing Over 1.87
| PRIM Stock | 2.01 0.09 4.69% |
Prime |
Prime Media Target Price Odds to finish over 1.87
The tendency of Prime 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 stay above 1.87 in 90 days |
| 2.01 | 90 days | 1.87 | close to 99 |
Based on a normal probability distribution, the odds of Prime Media to stay above 1.87 in 90 days from now is close to 99 (This Prime Media Holdings probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) . Probability of Prime Media Holdings price to stay between 1.87 and its current price of 2.01 at the end of the 90-day period is about 1.7 .
Assuming the 90 days trading horizon Prime Media has a beta of 0.21 indicating as returns on the market go up, Prime Media average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prime Media Holdings will be expected to be much smaller as well. Additionally Prime Media Holdings 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. Prime Media Price Density |
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Predictive Modules for Prime Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Media Holdings. 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.Prime Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prime Media is not an exception. The market had few large corrections towards the Prime Media'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 Prime Media Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prime Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.15 |
Prime Media 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 Prime Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prime Media Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prime Media Holdings generated a negative expected return over the last 90 days | |
| Prime Media Holdings has high historical volatility and very poor performance | |
| Prime Media Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prime Media generates negative cash flow from operations |
Prime Media 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 Prime Stock often depends not only on the future outlook of the current and potential Prime Media'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. Prime Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 700.3 M | |
| Cash And Short Term Investments | 7.1 M |
Prime Media Technical Analysis
Prime Media's future price can be derived by breaking down and analyzing its technical indicators over time. Prime Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prime Media Holdings. In general, you should focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environments and drivers.
Prime Media Predictive Forecast Models
Prime Media's time-series forecasting models is one of many Prime Media'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 Prime Media'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 Prime Media Holdings
Checking the ongoing alerts about Prime Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prime Media Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prime Media Holdings generated a negative expected return over the last 90 days | |
| Prime Media Holdings has high historical volatility and very poor performance | |
| Prime Media Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prime Media generates negative cash flow from operations |
Additional Tools for Prime Stock Analysis
When running Prime Media's price analysis, check to measure Prime Media'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 Prime Media is operating at the current time. Most of Prime Media's value examination focuses on studying past and present price action to predict the probability of Prime Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Media's price. Additionally, you may evaluate how the addition of Prime Media to your portfolios can decrease your overall portfolio volatility.