Pershing Resources Stock Probability of Future Pink Sheet Price Finishing Under 0.0115
| PSGR Stock | USD 0.02 0 6.71% |
Pershing |
Pershing Resources Target Price Odds to finish below 0.0115
The tendency of Pershing Pink Sheet 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 $ 0.01 or more in 90 days |
| 0.02 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Pershing Resources to drop to $ 0.01 or more in 90 days from now is near 1 (This Pershing Resources probability density function shows the probability of Pershing Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Pershing Resources price to stay between $ 0.01 and its current price of $0.0175 at the end of the 90-day period is about 28.88 .
Given the investment horizon of 90 days Pershing Resources has a beta of -0.0377 indicating as returns on the benchmark increase, returns on holding Pershing Resources are expected to decrease at a much lower rate. During a bear market, however, Pershing Resources is likely to outperform the market. Additionally Pershing Resources has an alpha of 0.6429, implying that it can generate a 0.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pershing Resources Price Density |
| Price |
Predictive Modules for Pershing Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pershing Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Pershing Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pershing Resources is not an exception. The market had few large corrections towards the Pershing Resources' 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 Pershing Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pershing Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.64 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
Pershing Resources 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 Pershing Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pershing Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pershing Resources is way too risky over 90 days horizon | |
| Pershing Resources has some characteristics of a very speculative penny stock | |
| Pershing Resources appears to be risky and price may revert if volatility continues | |
| Pershing Resources currently holds 158.41 K in liabilities with Debt to Equity (D/E) ratio of 6.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pershing Resources has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pershing Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Pershing Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pershing Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pershing to invest in growth at high rates of return. When we think about Pershing Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (844.39 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pershing Resources currently holds about 4.22 K in cash with (538.7 K) of positive cash flow from operations. |
Pershing Resources Technical Analysis
Pershing Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Pershing Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pershing Resources. In general, you should focus on analyzing Pershing Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Pershing Resources Predictive Forecast Models
Pershing Resources' time-series forecasting models is one of many Pershing Resources' pink sheet 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 Pershing Resources' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Pershing Resources
Checking the ongoing alerts about Pershing Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pershing Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pershing Resources is way too risky over 90 days horizon | |
| Pershing Resources has some characteristics of a very speculative penny stock | |
| Pershing Resources appears to be risky and price may revert if volatility continues | |
| Pershing Resources currently holds 158.41 K in liabilities with Debt to Equity (D/E) ratio of 6.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pershing Resources has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pershing Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Pershing Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pershing Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pershing to invest in growth at high rates of return. When we think about Pershing Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (844.39 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pershing Resources currently holds about 4.22 K in cash with (538.7 K) of positive cash flow from operations. |
Additional Tools for Pershing Pink Sheet Analysis
When running Pershing Resources' price analysis, check to measure Pershing Resources' 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 Pershing Resources is operating at the current time. Most of Pershing Resources' value examination focuses on studying past and present price action to predict the probability of Pershing Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pershing Resources' price. Additionally, you may evaluate how the addition of Pershing Resources to your portfolios can decrease your overall portfolio volatility.