Pineapple Express Stock Probability of Future Pink Sheet Price Finishing Over 1.05
| PNPL Stock | USD 0.06 0.04 39.90% |
Pineapple |
Pineapple Express Target Price Odds to finish over 1.05
The tendency of Pineapple 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 move over $ 1.05 or more in 90 days |
| 0.06 | 90 days | 1.05 | close to zero percent |
Based on a normal probability distribution, the odds of Pineapple Express to move over $ 1.05 or more in 90 days from now is close to zero percent (This Pineapple Express probability density function shows the probability of Pineapple Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Pineapple Express price to stay between its current price of $ 0.06 and $ 1.05 at the end of the 90-day period is about 92.8 .
Given the investment horizon of 90 days Pineapple Express has a beta of -0.19 indicating as returns on the benchmark increase, returns on holding Pineapple Express are expected to decrease at a much lower rate. During a bear market, however, Pineapple Express is likely to outperform the market. Moreover Pineapple Express has an alpha of 1.3795, implying that it can generate a 1.38 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Pineapple Express Price Density |
| Price |
Predictive Modules for Pineapple Express
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pineapple Express. 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 Pineapple Express' 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.
Pineapple Express Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pineapple Express is not an exception. The market had few large corrections towards the Pineapple Express' 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 Pineapple Express, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pineapple Express within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.38 | |
β | Beta against NYSE Composite | -0.19 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.05 |
Pineapple Express 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 Pineapple Express for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pineapple Express can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pineapple Express is way too risky over 90 days horizon | |
| Pineapple Express has some characteristics of a very speculative penny stock | |
| Pineapple Express appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.15 M) with profit before overhead, payroll, taxes, and interest of 15 K. | |
| Pineapple Express currently holds about 21 in cash with (543) of positive cash flow from operations. | |
| Roughly 65.0% of the company outstanding shares are owned by corporate insiders |
Pineapple Express 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 Pineapple Pink Sheet often depends not only on the future outlook of the current and potential Pineapple Express' 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. Pineapple Express' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64.7 M | |
| Cash And Short Term Investments | 9.5 M | |
| Shares Float | 32.1 M |
Pineapple Express Technical Analysis
Pineapple Express' future price can be derived by breaking down and analyzing its technical indicators over time. Pineapple Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pineapple Express. In general, you should focus on analyzing Pineapple Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Pineapple Express Predictive Forecast Models
Pineapple Express' time-series forecasting models is one of many Pineapple Express' 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 Pineapple Express' 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 Pineapple Express
Checking the ongoing alerts about Pineapple Express for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pineapple Express help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pineapple Express is way too risky over 90 days horizon | |
| Pineapple Express has some characteristics of a very speculative penny stock | |
| Pineapple Express appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.15 M) with profit before overhead, payroll, taxes, and interest of 15 K. | |
| Pineapple Express currently holds about 21 in cash with (543) of positive cash flow from operations. | |
| Roughly 65.0% of the company outstanding shares are owned by corporate insiders |
Check out Pineapple Express Backtesting, Pineapple Express Valuation, Pineapple Express Correlation, Pineapple Express Hype Analysis, Pineapple Express Volatility, Pineapple Express History as well as Pineapple Express Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Pineapple Pink Sheet analysis
When running Pineapple Express' price analysis, check to measure Pineapple Express' 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 Pineapple Express is operating at the current time. Most of Pineapple Express' value examination focuses on studying past and present price action to predict the probability of Pineapple Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pineapple Express' price. Additionally, you may evaluate how the addition of Pineapple Express to your portfolios can decrease your overall portfolio volatility.
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