Prim SA (Spain) Odds of Future Stock Price Finishing Under 9.08
| PRM Stock | EUR 10.00 0.05 0.50% |
Prim |
Prim SA Target Price Odds to finish below 9.08
The tendency of Prim 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 € 9.08 or more in 90 days |
| 10.00 | 90 days | 9.08 | near 1 |
Based on a normal probability distribution, the odds of Prim SA to drop to € 9.08 or more in 90 days from now is near 1 (This Prim SA probability density function shows the probability of Prim Stock to fall within a particular range of prices over 90 days) . Probability of Prim SA price to stay between € 9.08 and its current price of €10.0 at the end of the 90-day period is about 31.97 .
Assuming the 90 days trading horizon Prim SA has a beta of -0.43 indicating as returns on the benchmark increase, returns on holding Prim SA are expected to decrease at a much lower rate. During a bear market, however, Prim SA is likely to outperform the market. Additionally Prim SA 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. Prim SA Price Density |
| Price |
Predictive Modules for Prim SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prim SA. 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.Prim SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prim SA is not an exception. The market had few large corrections towards the Prim SA'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 Prim SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prim SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.43 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.29 |
Prim SA 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 Prim SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prim SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prim SA generated a negative expected return over the last 90 days | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Prim SA 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 Prim Stock often depends not only on the future outlook of the current and potential Prim SA'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. Prim SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.1 M | |
| Dividends Paid | 5.4 M | |
| Short Long Term Debt | 6.1 M |
Prim SA Technical Analysis
Prim SA's future price can be derived by breaking down and analyzing its technical indicators over time. Prim Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prim SA. In general, you should focus on analyzing Prim Stock price patterns and their correlations with different microeconomic environments and drivers.
Prim SA Predictive Forecast Models
Prim SA's time-series forecasting models is one of many Prim SA'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 Prim SA'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 Prim SA
Checking the ongoing alerts about Prim SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prim SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prim SA generated a negative expected return over the last 90 days | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Prim Stock
Prim SA financial ratios help investors to determine whether Prim 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 Prim with respect to the benefits of owning Prim SA security.