Ps International Group Stock Probability of Future Stock Price Finishing Over 0.48
| PSIG Stock | 0.60 0.01 1.69% |
PSIG |
PS International Target Price Odds to finish over 0.48
The tendency of PSIG 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 above 0.48 in 90 days |
| 0.60 | 90 days | 0.48 | about 99.0 |
Based on a normal probability distribution, the odds of PS International to stay above 0.48 in 90 days from now is about 99.0 (This PS International Group probability density function shows the probability of PSIG Stock to fall within a particular range of prices over 90 days) . Probability of PS International price to stay between 0.48 and its current price of 0.6 at the end of the 90-day period is about 8.26 .
Given the investment horizon of 90 days PS International has a beta of 0.84 indicating as returns on the market go up, PS International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PS International Group will be expected to be much smaller as well. Additionally PS International Group 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. PS International Price Density |
| Price |
Predictive Modules for PS International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PS International. 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.PS International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PS International is not an exception. The market had few large corrections towards the PS International'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 PS International Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PS International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.1 |
PS International 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 PS International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PS International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PS International generated a negative expected return over the last 90 days | |
| PS International has high historical volatility and very poor performance | |
| PS International has some characteristics of a very speculative penny stock | |
| PS International generates negative cash flow from operations | |
| About 81.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: American International Group EV-to-Revenue 1.11 - GuruFocus.com |
PS International 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 PSIG Stock often depends not only on the future outlook of the current and potential PS International'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. PS International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 M | |
| Cash And Short Term Investments | 10.8 M |
PS International Technical Analysis
PS International's future price can be derived by breaking down and analyzing its technical indicators over time. PSIG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PS International Group. In general, you should focus on analyzing PSIG Stock price patterns and their correlations with different microeconomic environments and drivers.
PS International Predictive Forecast Models
PS International's time-series forecasting models is one of many PS International'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 PS International'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 PS International
Checking the ongoing alerts about PS International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PS International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PS International generated a negative expected return over the last 90 days | |
| PS International has high historical volatility and very poor performance | |
| PS International has some characteristics of a very speculative penny stock | |
| PS International generates negative cash flow from operations | |
| About 81.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: American International Group EV-to-Revenue 1.11 - GuruFocus.com |
Check out PS International Backtesting, PS International Valuation, PS International Correlation, PS International Hype Analysis, PS International Volatility, PS International History as well as PS International Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PS International. If investors know PSIG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PS International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Earnings Share 0.18 | Revenue Per Share 700.102 | Quarterly Revenue Growth 0.526 | Return On Assets 0.1217 |
The market value of PS International is measured differently than its book value, which is the value of PSIG that is recorded on the company's balance sheet. Investors also form their own opinion of PS International's value that differs from its market value or its book value, called intrinsic value, which is PS International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PS International's market value can be influenced by many factors that don't directly affect PS International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PS International's value and its price as these two are different measures arrived at by different means. Investors typically determine if PS International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PS International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.