Plexus Corp (Germany) Probability of Future Stock Price Finishing Under 93.0
| PX4 Stock | EUR 157.00 1.00 0.64% |
Plexus |
Plexus Corp Target Price Odds to finish below 93.0
The tendency of Plexus 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 € 93.00 or more in 90 days |
| 157.00 | 90 days | 93.00 | near 1 |
Based on a normal probability distribution, the odds of Plexus Corp to drop to € 93.00 or more in 90 days from now is near 1 (This Plexus Corp probability density function shows the probability of Plexus Stock to fall within a particular range of prices over 90 days) . Probability of Plexus Corp price to stay between € 93.00 and its current price of €157.0 at the end of the 90-day period is about 92.39 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.19 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Plexus Corp will likely underperform. Additionally Plexus Corp has an alpha of 0.4448, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plexus Corp Price Density |
| Price |
Predictive Modules for Plexus Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plexus Corp. 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.Plexus Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plexus Corp is not an exception. The market had few large corrections towards the Plexus Corp'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 Plexus Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plexus Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 15.73 | |
Ir | Information ratio | 0.21 |
Plexus Corp 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 Plexus Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plexus Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plexus Corp has accumulated about 184.03 M in cash with (26.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.11. | |
| Over 98.0% of the company shares are owned by institutional investors |
Plexus Corp 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 Plexus Stock often depends not only on the future outlook of the current and potential Plexus Corp'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. Plexus Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.7 M |
Plexus Corp Technical Analysis
Plexus Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Plexus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plexus Corp. In general, you should focus on analyzing Plexus Stock price patterns and their correlations with different microeconomic environments and drivers.
Plexus Corp Predictive Forecast Models
Plexus Corp's time-series forecasting models is one of many Plexus Corp'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 Plexus Corp'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 Plexus Corp
Checking the ongoing alerts about Plexus Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plexus Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plexus Corp has accumulated about 184.03 M in cash with (26.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.11. | |
| Over 98.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Plexus Stock
When determining whether Plexus Corp is a strong investment it is important to analyze Plexus Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plexus Corp's future performance. For an informed investment choice regarding Plexus Stock, refer to the following important reports:Check out Plexus Corp Backtesting, Plexus Corp Valuation, Plexus Corp Correlation, Plexus Corp Hype Analysis, Plexus Corp Volatility, Plexus Corp History as well as Plexus Corp Performance. For more detail on how to invest in Plexus Stock please use our How to Invest in Plexus Corp guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.