Petro Victory Energy Corp Stock Probability of Future Stock Price Finishing Under 0.94
| VRY Stock | CAD 0.98 0.00 0.00% |
Petro |
Petro Victory Target Price Odds to finish below 0.94
The tendency of Petro 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 C$ 0.94 or more in 90 days |
| 0.98 | 90 days | 0.94 | about 15.8 |
Based on a normal probability distribution, the odds of Petro Victory to drop to C$ 0.94 or more in 90 days from now is about 15.8 (This Petro Victory Energy Corp probability density function shows the probability of Petro Stock to fall within a particular range of prices over 90 days) . Probability of Petro Victory Energy price to stay between C$ 0.94 and its current price of C$0.98 at the end of the 90-day period is about 6.36 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.75 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Petro Victory will likely underperform. Additionally Petro Victory 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. Petro Victory Price Density |
| Price |
Predictive Modules for Petro Victory
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petro Victory Energy. 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.Petro Victory Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Petro Victory is not an exception. The market had few large corrections towards the Petro Victory'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 Petro Victory Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Petro Victory within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 2.75 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.04 |
Petro Victory 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 Petro Victory for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Petro Victory Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Petro Victory Energy had very high historical volatility over the last 90 days | |
| Petro Victory Energy has some characteristics of a very speculative penny stock | |
| Petro Victory Energy has a very high chance of going through financial distress in the upcoming years | |
| Petro Victory Energy Corp has accumulated 3.86 M in total debt with debt to equity ratio (D/E) of 1.24, which is about average as compared to similar companies. Petro Victory Energy has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Petro Victory until it has trouble settling it off, either with new capital or with free cash flow. So, Petro Victory's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petro Victory Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petro to invest in growth at high rates of return. When we think about Petro Victory's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.76 M. Net Loss for the year was (6.17 M) with profit before overhead, payroll, taxes, and interest of 201.74 K. | |
| Petro Victory Energy Corp has accumulated about 58.62 K in cash with (4.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 51.0% of Petro Victory outstanding shares are owned by insiders |
Petro Victory 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 Petro Stock often depends not only on the future outlook of the current and potential Petro Victory'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. Petro Victory's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.6 M |
Petro Victory Technical Analysis
Petro Victory's future price can be derived by breaking down and analyzing its technical indicators over time. Petro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Petro Victory Energy Corp. In general, you should focus on analyzing Petro Stock price patterns and their correlations with different microeconomic environments and drivers.
Petro Victory Predictive Forecast Models
Petro Victory's time-series forecasting models is one of many Petro Victory'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 Petro Victory'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 Petro Victory Energy
Checking the ongoing alerts about Petro Victory for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Petro Victory Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Petro Victory Energy had very high historical volatility over the last 90 days | |
| Petro Victory Energy has some characteristics of a very speculative penny stock | |
| Petro Victory Energy has a very high chance of going through financial distress in the upcoming years | |
| Petro Victory Energy Corp has accumulated 3.86 M in total debt with debt to equity ratio (D/E) of 1.24, which is about average as compared to similar companies. Petro Victory Energy has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Petro Victory until it has trouble settling it off, either with new capital or with free cash flow. So, Petro Victory's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petro Victory Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petro to invest in growth at high rates of return. When we think about Petro Victory's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.76 M. Net Loss for the year was (6.17 M) with profit before overhead, payroll, taxes, and interest of 201.74 K. | |
| Petro Victory Energy Corp has accumulated about 58.62 K in cash with (4.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 51.0% of Petro Victory outstanding shares are owned by insiders |
Additional Tools for Petro Stock Analysis
When running Petro Victory's price analysis, check to measure Petro Victory'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 Petro Victory is operating at the current time. Most of Petro Victory's value examination focuses on studying past and present price action to predict the probability of Petro Victory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petro Victory's price. Additionally, you may evaluate how the addition of Petro Victory to your portfolios can decrease your overall portfolio volatility.