PXP Energy (Philippines) Probability of Future Stock Price Finishing Under 0.65
| PXP Stock | 2.90 0.10 3.33% |
PXP |
PXP Energy Target Price Odds to finish below 0.65
The tendency of PXP 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 0.65 or more in 90 days |
| 2.90 | 90 days | 0.65 | near 1 |
Based on a normal probability distribution, the odds of PXP Energy to drop to 0.65 or more in 90 days from now is near 1 (This PXP Energy Corp probability density function shows the probability of PXP Stock to fall within a particular range of prices over 90 days) . Probability of PXP Energy Corp price to stay between 0.65 and its current price of 2.9 at the end of the 90-day period is about 1.08 .
Assuming the 90 days trading horizon PXP Energy Corp has a beta of -0.17 indicating as returns on the benchmark increase, returns on holding PXP Energy are expected to decrease at a much lower rate. During a bear market, however, PXP Energy Corp is likely to outperform the market. Additionally PXP Energy Corp 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. PXP Energy Price Density |
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Predictive Modules for PXP Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PXP Energy 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.PXP Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PXP Energy is not an exception. The market had few large corrections towards the PXP Energy'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 PXP Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PXP Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.12 |
PXP Energy 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 PXP Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PXP Energy 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.| PXP Energy Corp generated a negative expected return over the last 90 days |
PXP Energy Technical Analysis
PXP Energy's future price can be derived by breaking down and analyzing its technical indicators over time. PXP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PXP Energy Corp. In general, you should focus on analyzing PXP Stock price patterns and their correlations with different microeconomic environments and drivers.
PXP Energy Predictive Forecast Models
PXP Energy's time-series forecasting models is one of many PXP Energy'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 PXP Energy'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 PXP Energy Corp
Checking the ongoing alerts about PXP Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PXP Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PXP Energy Corp generated a negative expected return over the last 90 days |