Propel Holdings Stock Probability of Future Stock Price Finishing Under 29.96
| PRL Stock | 36.97 0.34 0.91% |
Propel |
Propel Holdings Target Price Odds to finish below 29.96
The tendency of Propel 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 drop to 29.96 or more in 90 days |
| 36.97 | 90 days | 29.96 | about 28.67 |
Based on a normal probability distribution, the odds of Propel Holdings to drop to 29.96 or more in 90 days from now is about 28.67 (This Propel Holdings probability density function shows the probability of Propel Stock to fall within a particular range of prices over 90 days) . Probability of Propel Holdings price to stay between 29.96 and its current price of 36.97 at the end of the 90-day period is about 59.57 .
Assuming the 90 days trading horizon Propel Holdings has a beta of -0.32 indicating as returns on the benchmark increase, returns on holding Propel Holdings are expected to decrease at a much lower rate. During a bear market, however, Propel Holdings is likely to outperform the market. Additionally Propel Holdings has an alpha of 0.5802, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Propel Holdings Price Density |
| Price |
Predictive Modules for Propel Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Propel 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.Propel Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Propel Holdings is not an exception. The market had few large corrections towards the Propel Holdings' 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 Propel Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Propel Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 4.00 | |
Ir | Information ratio | 0.12 |
Propel Holdings 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 Propel Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Propel 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.| Propel Holdings had very high historical volatility over the last 90 days | |
| Propel Holdings generates negative cash flow from operations | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Propel Holdings Inc. completed the acquisition of Stagemount Limited. - Marketscreener.com |
Propel Holdings 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 Propel Stock often depends not only on the future outlook of the current and potential Propel Holdings' 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. Propel Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.8 M | |
| Cash And Short Term Investments | 13.8 M |
Propel Holdings Technical Analysis
Propel Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Propel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Propel Holdings. In general, you should focus on analyzing Propel Stock price patterns and their correlations with different microeconomic environments and drivers.
Propel Holdings Predictive Forecast Models
Propel Holdings' time-series forecasting models is one of many Propel Holdings' 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 Propel Holdings' 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 Propel Holdings
Checking the ongoing alerts about Propel Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Propel Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Propel Holdings had very high historical volatility over the last 90 days | |
| Propel Holdings generates negative cash flow from operations | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Propel Holdings Inc. completed the acquisition of Stagemount Limited. - Marketscreener.com |
Other Information on Investing in Propel Stock
Propel Holdings financial ratios help investors to determine whether Propel Stock 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 Propel with respect to the benefits of owning Propel Holdings security.