PEXA (Australia) Chance of Future Stock Price Finishing Under 10.75
| PXA Stock | 12.50 0.18 1.46% |
PEXA |
PEXA Target Price Odds to finish below 10.75
The tendency of PEXA 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 10.75 or more in 90 days |
| 12.50 | 90 days | 10.75 | near 1 |
Based on a normal probability distribution, the odds of PEXA to drop to 10.75 or more in 90 days from now is near 1 (This PEXA Group probability density function shows the probability of PEXA Stock to fall within a particular range of prices over 90 days) . Probability of PEXA Group price to stay between 10.75 and its current price of 12.5 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon PEXA has a beta of 0.11 indicating as returns on the market go up, PEXA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PEXA Group will be expected to be much smaller as well. Additionally PEXA Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. PEXA Price Density |
| Price |
Predictive Modules for PEXA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PEXA Group. 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.PEXA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PEXA is not an exception. The market had few large corrections towards the PEXA'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 PEXA Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PEXA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.16 |
PEXA 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 PEXA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PEXA Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PEXA Group generated a negative expected return over the last 90 days | |
| The company reported the revenue of 340.06 M. Net Loss for the year was (18.01 M) with profit before overhead, payroll, taxes, and interest of 246.92 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: PEXA Group Limited Expands Securities Offering - TipRanks |
PEXA 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 PEXA Stock often depends not only on the future outlook of the current and potential PEXA'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. PEXA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 177.4 M | |
| Cash And Short Term Investments | 90.5 M |
PEXA Technical Analysis
PEXA's future price can be derived by breaking down and analyzing its technical indicators over time. PEXA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PEXA Group. In general, you should focus on analyzing PEXA Stock price patterns and their correlations with different microeconomic environments and drivers.
PEXA Predictive Forecast Models
PEXA's time-series forecasting models is one of many PEXA'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 PEXA'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 PEXA Group
Checking the ongoing alerts about PEXA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PEXA Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PEXA Group generated a negative expected return over the last 90 days | |
| The company reported the revenue of 340.06 M. Net Loss for the year was (18.01 M) with profit before overhead, payroll, taxes, and interest of 246.92 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: PEXA Group Limited Expands Securities Offering - TipRanks |
Additional Tools for PEXA Stock Analysis
When running PEXA's price analysis, check to measure PEXA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PEXA is operating at the current time. Most of PEXA's value examination focuses on studying past and present price action to predict the probability of PEXA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEXA's price. Additionally, you may evaluate how the addition of PEXA to your portfolios can decrease your overall portfolio volatility.