PAM Transportation Services Probability of Future Stock Price Finishing Under 19.71
| PTSIDelisted Stock | USD 17.92 1.42 7.34% |
PAM |
PAM Transportation Target Price Odds to finish below 19.71
The tendency of PAM 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 under $ 19.71 after 90 days |
| 17.92 | 90 days | 19.71 | close to 99 |
Based on a normal probability distribution, the odds of PAM Transportation to stay under $ 19.71 after 90 days from now is close to 99 (This PAM Transportation Services probability density function shows the probability of PAM Stock to fall within a particular range of prices over 90 days) . Probability of PAM Transportation price to stay between its current price of $ 17.92 and $ 19.71 at the end of the 90-day period is about 24.91 .
Given the investment horizon of 90 days PAM Transportation Services has a beta of -0.0698 indicating as returns on the benchmark increase, returns on holding PAM Transportation are expected to decrease at a much lower rate. During a bear market, however, PAM Transportation Services is likely to outperform the market. Additionally PAM Transportation Services has an alpha of 0.2401, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PAM Transportation Price Density |
| Price |
Predictive Modules for PAM Transportation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PAM Transportation. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PAM Transportation'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.
PAM Transportation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PAM Transportation is not an exception. The market had few large corrections towards the PAM Transportation'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 PAM Transportation Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PAM Transportation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | 0.04 |
PAM Transportation 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 PAM Transportation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PAM Transportation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PAM Transportation is now traded under the symbol PAMT. Please update your portfolios or report it if you believe this is an error. Report It! | |
| PAM Transportation is not yet fully synchronised with the market data | |
| PAM Transportation had very high historical volatility over the last 90 days | |
| PAM Transportation has a very high chance of going through financial distress in the upcoming years | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada Corporation |
PAM Transportation 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 PAM Stock often depends not only on the future outlook of the current and potential PAM Transportation'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. PAM Transportation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.2 M | |
| Cash And Short Term Investments | 143.8 M |
PAM Transportation Technical Analysis
PAM Transportation's future price can be derived by breaking down and analyzing its technical indicators over time. PAM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PAM Transportation Services. In general, you should focus on analyzing PAM Stock price patterns and their correlations with different microeconomic environments and drivers.
PAM Transportation Predictive Forecast Models
PAM Transportation's time-series forecasting models is one of many PAM Transportation'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 PAM Transportation'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 PAM Transportation
Checking the ongoing alerts about PAM Transportation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PAM Transportation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PAM Transportation is now traded under the symbol PAMT. Please update your portfolios or report it if you believe this is an error. Report It! | |
| PAM Transportation is not yet fully synchronised with the market data | |
| PAM Transportation had very high historical volatility over the last 90 days | |
| PAM Transportation has a very high chance of going through financial distress in the upcoming years | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada Corporation |
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 state. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in PAM Stock
If you are still planning to invest in PAM Transportation 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 PAM Transportation's history and understand the potential risks before investing.
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