PTRA Chance of Future Pink Sheet Price Finishing Under 1.54
PTRADelisted Stock | USD 1.54 0.04 2.53% |
PTRA |
PTRA Target Price Odds to finish below 1.54
The tendency of PTRA 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 |
1.54 | 90 days | 1.54 | about 99.0 |
Based on a normal probability distribution, the odds of PTRA to move below current price in 90 days from now is about 99.0 (This PTRA probability density function shows the probability of PTRA Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days PTRA has a beta of -0.98 indicating Additionally PTRA has an alpha of 0.7522, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PTRA Price Density |
Price |
Predictive Modules for PTRA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTRA. 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.PTRA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTRA is not an exception. The market had few large corrections towards the PTRA'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 PTRA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTRA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | -0.98 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0.08 |
PTRA 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 PTRA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTRA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.PTRA is not yet fully synchronised with the market data | |
PTRA may become a speculative penny stock | |
PTRA has a very high chance of going through financial distress in the upcoming years | |
Net Loss for the year was (237.95 M) with profit before overhead, payroll, taxes, and interest of 0. | |
PTRA currently holds about 408.55 M in cash with (296.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
PTRA Technical Analysis
PTRA's future price can be derived by breaking down and analyzing its technical indicators over time. PTRA Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTRA. In general, you should focus on analyzing PTRA Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
PTRA Predictive Forecast Models
PTRA's time-series forecasting models is one of many PTRA'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 PTRA'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 PTRA
Checking the ongoing alerts about PTRA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTRA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
PTRA is not yet fully synchronised with the market data | |
PTRA may become a speculative penny stock | |
PTRA has a very high chance of going through financial distress in the upcoming years | |
Net Loss for the year was (237.95 M) with profit before overhead, payroll, taxes, and interest of 0. | |
PTRA currently holds about 408.55 M in cash with (296.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
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 metropolitan statistical area. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in PTRA Pink Sheet
If you are still planning to invest in PTRA 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 PTRA's history and understand the potential risks before investing.
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