Pixelworks Stock Probability of Future Stock Price Finishing Under 1.12
| PXLW Stock | USD 0.82 0.04 5.13% |
Pixelworks |
Pixelworks Target Price Odds to finish below 1.12
The tendency of Pixelworks 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 $ 1.12 after 90 days |
| 0.82 | 90 days | 1.12 | close to 99 |
Based on a normal probability distribution, the odds of Pixelworks to stay under $ 1.12 after 90 days from now is close to 99 (This Pixelworks probability density function shows the probability of Pixelworks Stock to fall within a particular range of prices over 90 days) . Probability of Pixelworks price to stay between its current price of $ 0.82 and $ 1.12 at the end of the 90-day period is about 10.18 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.67 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, Pixelworks will likely underperform. Additionally Pixelworks has an alpha of 0.2216, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pixelworks Price Density |
| Price |
Predictive Modules for Pixelworks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pixelworks. 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.Pixelworks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pixelworks is not an exception. The market had few large corrections towards the Pixelworks' 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 Pixelworks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pixelworks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 1.67 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.05 |
Pixelworks 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 Pixelworks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pixelworks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pixelworks is way too risky over 90 days horizon | |
| Pixelworks has some characteristics of a very speculative penny stock | |
| Pixelworks appears to be risky and price may revert if volatility continues | |
| Pixelworks has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 59.68 M. Net Loss for the year was (26.18 M) with profit before overhead, payroll, taxes, and interest of 35.88 M. | |
| Pixelworks currently holds about 49.57 M in cash with (18.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.91, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Pixelworks has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Pixelworks CEO Todd DeBonis sells 30,788 in company shares - Investing.com |
Pixelworks 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 Pixelworks Stock often depends not only on the future outlook of the current and potential Pixelworks' 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. Pixelworks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.2 M | |
| Cash And Short Term Investments | 47.5 M |
Pixelworks Technical Analysis
Pixelworks' future price can be derived by breaking down and analyzing its technical indicators over time. Pixelworks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pixelworks. In general, you should focus on analyzing Pixelworks Stock price patterns and their correlations with different microeconomic environments and drivers.
Pixelworks Predictive Forecast Models
Pixelworks' time-series forecasting models is one of many Pixelworks' 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 Pixelworks' 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 Pixelworks
Checking the ongoing alerts about Pixelworks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pixelworks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pixelworks is way too risky over 90 days horizon | |
| Pixelworks has some characteristics of a very speculative penny stock | |
| Pixelworks appears to be risky and price may revert if volatility continues | |
| Pixelworks has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 59.68 M. Net Loss for the year was (26.18 M) with profit before overhead, payroll, taxes, and interest of 35.88 M. | |
| Pixelworks currently holds about 49.57 M in cash with (18.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.91, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Pixelworks has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Pixelworks CEO Todd DeBonis sells 30,788 in company shares - Investing.com |
Additional Tools for Pixelworks Stock Analysis
When running Pixelworks' price analysis, check to measure Pixelworks' 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 Pixelworks is operating at the current time. Most of Pixelworks' value examination focuses on studying past and present price action to predict the probability of Pixelworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixelworks' price. Additionally, you may evaluate how the addition of Pixelworks to your portfolios can decrease your overall portfolio volatility.