Perpetual Energy Stock Probability of Future Pink Sheet Price Finishing Under 0.4
| PMGYF Stock | USD 0.39 0.00 0.00% |
Perpetual |
Perpetual Energy Target Price Odds to finish below 0.4
The tendency of Perpetual Pink Sheet 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 $ 0.40 after 90 days |
| 0.39 | 90 days | 0.40 | about 87.19 |
Based on a normal probability distribution, the odds of Perpetual Energy to stay under $ 0.40 after 90 days from now is about 87.19 (This Perpetual Energy probability density function shows the probability of Perpetual Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Perpetual Energy price to stay between its current price of $ 0.39 and $ 0.40 at the end of the 90-day period is nearly 4.39 .
Assuming the 90 days horizon Perpetual Energy has a beta of 0.35 indicating as returns on the market go up, Perpetual Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Perpetual Energy will be expected to be much smaller as well. Additionally Perpetual Energy has an alpha of 0.4817, implying that it can generate a 0.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Perpetual Energy Price Density |
| Price |
Predictive Modules for Perpetual 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 Perpetual Energy. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Perpetual Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Perpetual Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Perpetual Energy is not an exception. The market had few large corrections towards the Perpetual 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 Perpetual Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Perpetual Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.48 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.08 |
Perpetual 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 Perpetual Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Perpetual 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.| Perpetual Energy is way too risky over 90 days horizon | |
| Perpetual Energy has some characteristics of a very speculative penny stock | |
| Perpetual Energy appears to be risky and price may revert if volatility continues | |
| The company has accumulated 39.15 M in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Perpetual Energy has a current ratio of 0.64, 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 Perpetual Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Perpetual Energy'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 Perpetual Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Perpetual to invest in growth at high rates of return. When we think about Perpetual Energy's use of debt, we should always consider it together with cash and equity. | |
| About 39.0% of Perpetual Energy outstanding shares are owned by corporate insiders |
Perpetual Energy 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 Perpetual Pink Sheet often depends not only on the future outlook of the current and potential Perpetual Energy'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. Perpetual Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.6 M |
Perpetual Energy Technical Analysis
Perpetual Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Perpetual Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Perpetual Energy. In general, you should focus on analyzing Perpetual Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Perpetual Energy Predictive Forecast Models
Perpetual Energy's time-series forecasting models is one of many Perpetual Energy's pink sheet 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 Perpetual 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Perpetual Energy
Checking the ongoing alerts about Perpetual Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Perpetual Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Perpetual Energy is way too risky over 90 days horizon | |
| Perpetual Energy has some characteristics of a very speculative penny stock | |
| Perpetual Energy appears to be risky and price may revert if volatility continues | |
| The company has accumulated 39.15 M in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Perpetual Energy has a current ratio of 0.64, 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 Perpetual Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Perpetual Energy'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 Perpetual Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Perpetual to invest in growth at high rates of return. When we think about Perpetual Energy's use of debt, we should always consider it together with cash and equity. | |
| About 39.0% of Perpetual Energy outstanding shares are owned by corporate insiders |
Check out Perpetual Energy Backtesting, Perpetual Energy Valuation, Perpetual Energy Correlation, Perpetual Energy Hype Analysis, Perpetual Energy Volatility, Perpetual Energy History as well as Perpetual Energy Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Perpetual Pink Sheet analysis
When running Perpetual Energy's price analysis, check to measure Perpetual Energy'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 Perpetual Energy is operating at the current time. Most of Perpetual Energy's value examination focuses on studying past and present price action to predict the probability of Perpetual Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perpetual Energy's price. Additionally, you may evaluate how the addition of Perpetual Energy to your portfolios can decrease your overall portfolio volatility.
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