Power Financial Corp Preferred Stock Probability of Future Preferred Stock Price Finishing Under 16.38
| PWF-PS Preferred Stock | CAD 20.00 0.27 1.37% |
Power |
Power Financial Target Price Odds to finish below 16.38
The tendency of Power Preferred 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 drop to C$ 16.38 or more in 90 days |
| 20.00 | 90 days | 16.38 | near 1 |
Based on a normal probability distribution, the odds of Power Financial to drop to C$ 16.38 or more in 90 days from now is near 1 (This Power Financial Corp probability density function shows the probability of Power Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Power Financial Corp price to stay between C$ 16.38 and its current price of C$20.0 at the end of the 90-day period is about 34.61 .
Assuming the 90 days trading horizon Power Financial Corp has a beta of -0.15 indicating as returns on the benchmark increase, returns on holding Power Financial are expected to decrease at a much lower rate. During a bear market, however, Power Financial Corp is likely to outperform the market. Additionally Power Financial Corp has an alpha of 0.0241, implying that it can generate a 0.0241 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Power Financial Price Density |
| Price |
Predictive Modules for Power Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Power Financial Corp. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Power Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Power Financial is not an exception. The market had few large corrections towards the Power Financial'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 Power Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Power Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.18 |
Power Financial Technical Analysis
Power Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Power Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Power Financial Corp. In general, you should focus on analyzing Power Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Power Financial Predictive Forecast Models
Power Financial's time-series forecasting models is one of many Power Financial's preferred 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 Power Financial'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 preferred stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Power Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Power Financial's short interest history, or implied volatility extrapolated from Power Financial options trading.
Other Information on Investing in Power Preferred Stock
Power Financial financial ratios help investors to determine whether Power Preferred 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 Power with respect to the benefits of owning Power Financial security.