Plurilock Security Stock Probability of Future Stock Price Finishing Under 0.14
| PLUR Stock | CAD 0.30 0.05 14.29% |
Plurilock |
Plurilock Security Target Price Odds to finish below 0.14
The tendency of Plurilock 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$ 0.14 or more in 90 days |
| 0.30 | 90 days | 0.14 | near 1 |
Based on a normal probability distribution, the odds of Plurilock Security to drop to C$ 0.14 or more in 90 days from now is near 1 (This Plurilock Security probability density function shows the probability of Plurilock Stock to fall within a particular range of prices over 90 days) . Probability of Plurilock Security price to stay between C$ 0.14 and its current price of C$0.3 at the end of the 90-day period is about 8.84 .
Assuming the 90 days trading horizon Plurilock Security has a beta of -1.93 indicating as returns on its benchmark rise, returns on holding Plurilock Security are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Plurilock Security is expected to outperform its benchmark. Additionally Plurilock Security has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Plurilock Security Price Density |
| Price |
Predictive Modules for Plurilock Security
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plurilock Security. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plurilock Security'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.
Plurilock Security Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plurilock Security is not an exception. The market had few large corrections towards the Plurilock Security'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 Plurilock Security, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plurilock Security within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -1.93 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.03 |
Plurilock Security 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 Plurilock Security for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plurilock Security can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plurilock Security generated a negative expected return over the last 90 days | |
| Plurilock Security has high historical volatility and very poor performance | |
| Plurilock Security has some characteristics of a very speculative penny stock | |
| Plurilock Security has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 65.84 M. Net Loss for the year was (7.97 M) with profit before overhead, payroll, taxes, and interest of 2.38 M. | |
| Plurilock Security has accumulated about 5.85 M in cash with (5.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Latest headline from news.google.com: Plurilock Announces Further Update on Private Placement - Yahoo Finance |
Plurilock Security 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 Plurilock Stock often depends not only on the future outlook of the current and potential Plurilock Security'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. Plurilock Security's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.4 M | |
| Shares Float | 9.9 M |
Plurilock Security Technical Analysis
Plurilock Security's future price can be derived by breaking down and analyzing its technical indicators over time. Plurilock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plurilock Security. In general, you should focus on analyzing Plurilock Stock price patterns and their correlations with different microeconomic environments and drivers.
Plurilock Security Predictive Forecast Models
Plurilock Security's time-series forecasting models is one of many Plurilock Security'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 Plurilock Security'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 Plurilock Security
Checking the ongoing alerts about Plurilock Security for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plurilock Security help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plurilock Security generated a negative expected return over the last 90 days | |
| Plurilock Security has high historical volatility and very poor performance | |
| Plurilock Security has some characteristics of a very speculative penny stock | |
| Plurilock Security has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 65.84 M. Net Loss for the year was (7.97 M) with profit before overhead, payroll, taxes, and interest of 2.38 M. | |
| Plurilock Security has accumulated about 5.85 M in cash with (5.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Latest headline from news.google.com: Plurilock Announces Further Update on Private Placement - Yahoo Finance |
Check out Plurilock Security Backtesting, Plurilock Security Valuation, Plurilock Security Correlation, Plurilock Security Hype Analysis, Plurilock Security Volatility, Plurilock Security History as well as Plurilock Security Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Plurilock Stock analysis
When running Plurilock Security's price analysis, check to measure Plurilock Security'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 Plurilock Security is operating at the current time. Most of Plurilock Security's value examination focuses on studying past and present price action to predict the probability of Plurilock Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plurilock Security's price. Additionally, you may evaluate how the addition of Plurilock Security to your portfolios can decrease your overall portfolio volatility.
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