Puretech Health Plc Stock Probability of Future Stock Price Finishing Over 17.46
| PRTC Stock | USD 17.46 0.15 0.85% |
PureTech Health Target Price Odds to finish over 17.46
The tendency of PureTech 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 above the current price in 90 days |
| 17.46 | 90 days | 17.46 | about 43.92 |
Based on a normal probability distribution, the odds of PureTech Health to move above the current price in 90 days from now is about 43.92 (This PureTech Health PLC probability density function shows the probability of PureTech Stock to fall within a particular range of prices over 90 days) .
PureTech Health Price Density |
| Price |
Predictive Modules for PureTech Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PureTech Health PLC. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PureTech Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PureTech Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PureTech Health is not an exception. The market had few large corrections towards the PureTech Health'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 PureTech Health PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PureTech Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0018 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.01 |
PureTech Health 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 PureTech Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PureTech Health PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PureTech Health PLC currently holds about 368.03 M in cash with (134.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.84. |
PureTech Health 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 PureTech Stock often depends not only on the future outlook of the current and potential PureTech Health'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. PureTech Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27 M | |
| Cash And Short Term Investments | 367.3 M |
PureTech Health Technical Analysis
PureTech Health's future price can be derived by breaking down and analyzing its technical indicators over time. PureTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PureTech Health PLC. In general, you should focus on analyzing PureTech Stock price patterns and their correlations with different microeconomic environments and drivers.
PureTech Health Predictive Forecast Models
PureTech Health's time-series forecasting models is one of many PureTech Health'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 PureTech Health'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 PureTech Health PLC
Checking the ongoing alerts about PureTech Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PureTech Health PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PureTech Health PLC currently holds about 368.03 M in cash with (134.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.84. |
Check out PureTech Health Analysis, PureTech Health Valuation, PureTech Health Correlation, PureTech Health Hype Analysis, PureTech Health Volatility, PureTech Health Price History as well as PureTech Health Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Biotechnology sector continue expanding? Could PureTech diversify its offerings? Factors like these will boost the valuation of PureTech Health. Anticipated expansion of PureTech directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every PureTech Health data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.615 | Earnings Share 1.7 | Revenue Per Share | Quarterly Revenue Growth 5.427 | Return On Assets |
The market value of PureTech Health PLC is measured differently than its book value, which is the value of PureTech that is recorded on the company's balance sheet. Investors also form their own opinion of PureTech Health's value that differs from its market value or its book value, called intrinsic value, which is PureTech Health's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because PureTech Health's market value can be influenced by many factors that don't directly affect PureTech Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between PureTech Health's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PureTech Health should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, PureTech Health's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.