Passur Aerospace Stock Probability of Future Pink Sheet Price Finishing Over 9.05
| PSSR Stock | USD 0.01 0.00 0.00% |
Passur |
Passur Aerospace Target Price Odds to finish over 9.05
The tendency of Passur 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 move over $ 9.05 or more in 90 days |
| 0.01 | 90 days | 9.05 | close to zero percent |
Based on a normal probability distribution, the odds of Passur Aerospace to move over $ 9.05 or more in 90 days from now is close to zero percent (This Passur Aerospace probability density function shows the probability of Passur Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Passur Aerospace price to stay between its current price of $ 0.01 and $ 9.05 at the end of the 90-day period is about 61.47 .
Given the investment horizon of 90 days Passur Aerospace has a beta of -1.1 indicating Moreover Passur Aerospace has an alpha of 1.0101, implying that it can generate a 1.01 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Passur Aerospace Price Density |
| Price |
Predictive Modules for Passur Aerospace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Passur Aerospace. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Passur Aerospace'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.
Passur Aerospace Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Passur Aerospace is not an exception. The market had few large corrections towards the Passur Aerospace'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 Passur Aerospace, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Passur Aerospace within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.01 | |
β | Beta against Dow Jones | -1.1 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Passur Aerospace 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 Passur Aerospace for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Passur Aerospace can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Passur Aerospace is way too risky over 90 days horizon | |
| Passur Aerospace has some characteristics of a very speculative penny stock | |
| Passur Aerospace appears to be risky and price may revert if volatility continues | |
| Passur Aerospace currently holds 10.69 M in liabilities. Passur Aerospace has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Passur Aerospace until it has trouble settling it off, either with new capital or with free cash flow. So, Passur Aerospace's 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 Passur Aerospace sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Passur to invest in growth at high rates of return. When we think about Passur Aerospace's use of debt, we should always consider it together with cash and equity. | |
| Passur Aerospace currently holds about 216.57 K in cash with (4.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Earnings call Woodward, Inc. posts record revenue in fiscal 2024 |
Passur Aerospace 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 Passur Pink Sheet often depends not only on the future outlook of the current and potential Passur Aerospace'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. Passur Aerospace's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.8 M | |
| Cash And Short Term Investments | 1.6 M |
Passur Aerospace Technical Analysis
Passur Aerospace's future price can be derived by breaking down and analyzing its technical indicators over time. Passur Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Passur Aerospace. In general, you should focus on analyzing Passur Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Passur Aerospace Predictive Forecast Models
Passur Aerospace's time-series forecasting models is one of many Passur Aerospace's 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 Passur Aerospace'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Passur Aerospace
Checking the ongoing alerts about Passur Aerospace for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Passur Aerospace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Passur Aerospace is way too risky over 90 days horizon | |
| Passur Aerospace has some characteristics of a very speculative penny stock | |
| Passur Aerospace appears to be risky and price may revert if volatility continues | |
| Passur Aerospace currently holds 10.69 M in liabilities. Passur Aerospace has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Passur Aerospace until it has trouble settling it off, either with new capital or with free cash flow. So, Passur Aerospace's 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 Passur Aerospace sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Passur to invest in growth at high rates of return. When we think about Passur Aerospace's use of debt, we should always consider it together with cash and equity. | |
| Passur Aerospace currently holds about 216.57 K in cash with (4.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Earnings call Woodward, Inc. posts record revenue in fiscal 2024 |
Additional Tools for Passur Pink Sheet Analysis
When running Passur Aerospace's price analysis, check to measure Passur Aerospace'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 Passur Aerospace is operating at the current time. Most of Passur Aerospace's value examination focuses on studying past and present price action to predict the probability of Passur Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Passur Aerospace's price. Additionally, you may evaluate how the addition of Passur Aerospace to your portfolios can decrease your overall portfolio volatility.