Prairie Operating Co Stock Probability of Future OTC Stock Price Finishing Under 8.76
| PROP Stock | USD 8.62 0.19 2.25% |
Prairie |
Prairie Operating Target Price Odds to finish below 8.76
The tendency of Prairie OTC 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 under $ 8.76 after 90 days |
| 8.62 | 90 days | 8.76 | about 49.31 |
Based on a normal probability distribution, the odds of Prairie Operating to stay under $ 8.76 after 90 days from now is about 49.31 (This Prairie Operating Co probability density function shows the probability of Prairie OTC Stock to fall within a particular range of prices over 90 days) . Probability of Prairie Operating price to stay between its current price of $ 8.62 and $ 8.76 at the end of the 90-day period is about 7.3 .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 2.56 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Prairie Operating will likely underperform. Additionally Prairie Operating Co 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. Prairie Operating Price Density |
| Price |
Predictive Modules for Prairie Operating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prairie Operating. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Prairie Operating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prairie Operating is not an exception. The market had few large corrections towards the Prairie Operating'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 Prairie Operating Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prairie Operating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 2.56 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.0031 |
Prairie Operating 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 Prairie Operating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prairie Operating can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prairie Operating had very high historical volatility over the last 90 days | |
| Net Loss for the year was (104.66 K) with profit before overhead, payroll, taxes, and interest of 25 K. |
Prairie Operating 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 Prairie OTC Stock often depends not only on the future outlook of the current and potential Prairie Operating'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. Prairie Operating's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 191.1M | |
| Average Daily Volume In Three Month | 156.66k |
Prairie Operating Technical Analysis
Prairie Operating's future price can be derived by breaking down and analyzing its technical indicators over time. Prairie OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prairie Operating Co. In general, you should focus on analyzing Prairie OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Prairie Operating Predictive Forecast Models
Prairie Operating's time-series forecasting models is one of many Prairie Operating's otc 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 Prairie Operating'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 otc stock market movement and maximize returns from investment trading.
Things to note about Prairie Operating
Checking the ongoing alerts about Prairie Operating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prairie Operating help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prairie Operating had very high historical volatility over the last 90 days | |
| Net Loss for the year was (104.66 K) with profit before overhead, payroll, taxes, and interest of 25 K. |
Additional Tools for Prairie OTC Stock Analysis
When running Prairie Operating's price analysis, check to measure Prairie Operating'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 Prairie Operating is operating at the current time. Most of Prairie Operating's value examination focuses on studying past and present price action to predict the probability of Prairie Operating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prairie Operating's price. Additionally, you may evaluate how the addition of Prairie Operating to your portfolios can decrease your overall portfolio volatility.