Pipe Works (Greece) Probability of Future Stock Price Finishing Over 7.80
| PROFK Stock | EUR 1.42 0.01 0.70% |
Pipe |
Pipe Works Target Price Odds to finish over 7.80
The tendency of Pipe 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 move over € 7.80 or more in 90 days |
| 1.42 | 90 days | 7.80 | close to zero percent |
Based on a normal probability distribution, the odds of Pipe Works to move over € 7.80 or more in 90 days from now is close to zero percent (This Pipe Works L probability density function shows the probability of Pipe Stock to fall within a particular range of prices over 90 days) . Probability of Pipe Works L price to stay between its current price of € 1.42 and € 7.80 at the end of the 90-day period is about 24.06 .
Assuming the 90 days trading horizon Pipe Works L has a beta of -0.47 indicating as returns on the benchmark increase, returns on holding Pipe Works are expected to decrease at a much lower rate. During a bear market, however, Pipe Works L is likely to outperform the market. Additionally Pipe Works L has an alpha of 0.2536, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pipe Works Price Density |
| Price |
Predictive Modules for Pipe Works
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pipe Works L. 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.Pipe Works Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pipe Works is not an exception. The market had few large corrections towards the Pipe Works' 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 Pipe Works L, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pipe Works within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.03 |
Pipe Works 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 Pipe Works for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pipe Works L can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pipe Works L may become a speculative penny stock | |
| Pipe Works L has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Pipe Works L has accumulated about 182.86 K in cash with (3.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
Pipe Works 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 Pipe Stock often depends not only on the future outlook of the current and potential Pipe Works' 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. Pipe Works' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 1.9 M |
Pipe Works Technical Analysis
Pipe Works' future price can be derived by breaking down and analyzing its technical indicators over time. Pipe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pipe Works L. In general, you should focus on analyzing Pipe Stock price patterns and their correlations with different microeconomic environments and drivers.
Pipe Works Predictive Forecast Models
Pipe Works' time-series forecasting models is one of many Pipe Works' 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 Pipe Works' 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 Pipe Works L
Checking the ongoing alerts about Pipe Works for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pipe Works L help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pipe Works L may become a speculative penny stock | |
| Pipe Works L has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Pipe Works L has accumulated about 182.86 K in cash with (3.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Pipe Stock
Pipe Works financial ratios help investors to determine whether Pipe 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 Pipe with respect to the benefits of owning Pipe Works security.