Pescanova (Spain) Probability of Future Stock Price Finishing Over 0.35
| PVA Stock | EUR 0.35 0.01 2.78% |
Pescanova |
Pescanova Target Price Odds to finish over 0.35
The tendency of Pescanova 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 move above the current price in 90 days |
| 0.35 | 90 days | 0.35 | about 31.78 |
Based on a normal probability distribution, the odds of Pescanova to move above the current price in 90 days from now is about 31.78 (This Pescanova SA probability density function shows the probability of Pescanova Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Pescanova SA has a beta of -0.96 indicating Additionally Pescanova SA has an alpha of 0.224, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pescanova Price Density |
| Price |
Predictive Modules for Pescanova
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pescanova SA. 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.Pescanova Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pescanova is not an exception. The market had few large corrections towards the Pescanova'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 Pescanova SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pescanova within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -0.96 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.0014 |
Pescanova 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 Pescanova for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pescanova SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pescanova SA had very high historical volatility over the last 90 days | |
| Pescanova SA has some characteristics of a very speculative penny stock | |
| Pescanova SA has high likelihood to experience some financial distress in the next 2 years | |
| Pescanova SA has accumulated about 726 K in cash with (783 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
Pescanova 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 Pescanova Stock often depends not only on the future outlook of the current and potential Pescanova'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. Pescanova's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.7 M |
Pescanova Technical Analysis
Pescanova's future price can be derived by breaking down and analyzing its technical indicators over time. Pescanova Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pescanova SA. In general, you should focus on analyzing Pescanova Stock price patterns and their correlations with different microeconomic environments and drivers.
Pescanova Predictive Forecast Models
Pescanova's time-series forecasting models is one of many Pescanova'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 Pescanova'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 Pescanova SA
Checking the ongoing alerts about Pescanova for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pescanova SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pescanova SA had very high historical volatility over the last 90 days | |
| Pescanova SA has some characteristics of a very speculative penny stock | |
| Pescanova SA has high likelihood to experience some financial distress in the next 2 years | |
| Pescanova SA has accumulated about 726 K in cash with (783 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Pescanova Stock
Pescanova financial ratios help investors to determine whether Pescanova Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pescanova with respect to the benefits of owning Pescanova security.