Riley Exploration Permian Stock Probability of Future Stock Price Finishing Under 32.77
| REPX Stock | USD 35.10 0.09 0.26% |
Riley |
Riley Exploration Target Price Odds to finish below 32.77
The tendency of Riley 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 $ 32.77 or more in 90 days |
| 35.10 | 90 days | 32.77 | about 87.07 |
Based on a normal probability distribution, the odds of Riley Exploration to drop to $ 32.77 or more in 90 days from now is about 87.07 (This Riley Exploration Permian probability density function shows the probability of Riley Stock to fall within a particular range of prices over 90 days) . Probability of Riley Exploration Permian price to stay between $ 32.77 and its current price of $35.1 at the end of the 90-day period is about 9.32 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.46 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, Riley Exploration will likely underperform. Additionally Riley Exploration Permian has an alpha of 0.1691, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Riley Exploration Price Density |
| Price |
Predictive Modules for Riley Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Riley Exploration Permian. 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.Riley Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Riley Exploration is not an exception. The market had few large corrections towards the Riley Exploration'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 Riley Exploration Permian, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Riley Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 3.46 | |
Ir | Information ratio | 0.09 |
Riley Exploration 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 Riley Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Riley Exploration Permian can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Riley Exploration Permian currently holds 356.94 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Riley Exploration Permian has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Riley Exploration's use of debt, we should always consider it together with its cash and equity. | |
| Riley Exploration has a poor financial position based on the latest SEC disclosures | |
| About 63.0% of Riley Exploration shares are owned by institutional investors | |
| On 7th of November 2024 Riley Exploration paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Sell Bobby Riley Sells 13,690 Shares of Riley Exploration Permian Inc |
Riley Exploration 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 Riley Stock often depends not only on the future outlook of the current and potential Riley Exploration'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. Riley Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20 M | |
| Cash And Short Term Investments | 15.3 M |
Riley Exploration Technical Analysis
Riley Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Riley Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Riley Exploration Permian. In general, you should focus on analyzing Riley Stock price patterns and their correlations with different microeconomic environments and drivers.
Riley Exploration Predictive Forecast Models
Riley Exploration's time-series forecasting models is one of many Riley Exploration'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 Riley Exploration'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 Riley Exploration Permian
Checking the ongoing alerts about Riley Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Riley Exploration Permian help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Riley Exploration Permian currently holds 356.94 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Riley Exploration Permian has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Riley Exploration's use of debt, we should always consider it together with its cash and equity. | |
| Riley Exploration has a poor financial position based on the latest SEC disclosures | |
| About 63.0% of Riley Exploration shares are owned by institutional investors | |
| On 7th of November 2024 Riley Exploration paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Sell Bobby Riley Sells 13,690 Shares of Riley Exploration Permian Inc |
Additional Tools for Riley Stock Analysis
When running Riley Exploration's price analysis, check to measure Riley Exploration'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 Riley Exploration is operating at the current time. Most of Riley Exploration's value examination focuses on studying past and present price action to predict the probability of Riley Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riley Exploration's price. Additionally, you may evaluate how the addition of Riley Exploration to your portfolios can decrease your overall portfolio volatility.