PureTech Health plc Probability of Future Pink Sheet Price Finishing Under 3.13
| PTCHFDelisted Stock | USD 3.13 0.00 0.00% |
PureTech |
PureTech Health Target Price Odds to finish below 3.13
The tendency of PureTech 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 below current price in 90 days |
| 3.13 | 90 days | 3.13 | about 35.43 |
Based on a normal probability distribution, the odds of PureTech Health to move below current price in 90 days from now is about 35.43 (This PureTech Health plc probability density function shows the probability of PureTech Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon PureTech Health plc has a beta of -0.33 indicating as returns on the benchmark increase, returns on holding PureTech Health are expected to decrease at a much lower rate. During a bear market, however, PureTech Health plc is likely to outperform the market. Additionally PureTech Health plc has an alpha of 0.2677, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 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.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 | 0.27 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.04 |
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 is not yet fully synchronised with the market data | |
| PureTech Health plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 9.98 M. Net Loss for the year was (60.56 M) with profit before overhead, payroll, taxes, and interest of 17.39 M. | |
| PureTech Health plc has accumulated about 368.03 M in cash with (158.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28. | |
| Roughly 72.0% of the company shares are owned by institutional investors |
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 Pink Sheet 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 | 287.8 M |
PureTech Health Technical Analysis
PureTech Health's future price can be derived by breaking down and analyzing its technical indicators over time. PureTech Pink Sheet 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 Pink Sheet 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 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 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 pink sheet 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 is not yet fully synchronised with the market data | |
| PureTech Health plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 9.98 M. Net Loss for the year was (60.56 M) with profit before overhead, payroll, taxes, and interest of 17.39 M. | |
| PureTech Health plc has accumulated about 368.03 M in cash with (158.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28. | |
| Roughly 72.0% of the company shares are owned by institutional investors |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in PureTech Pink Sheet
If you are still planning to invest in PureTech Health plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PureTech Health's history and understand the potential risks before investing.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |