PCB Tec (Israel) Odds of Future Stock Price Finishing Under 455.04
| PCBT Stock | ILA 366.20 0.30 0.08% |
PCB |
PCB Tec Target Price Odds to finish below 455.04
The tendency of PCB 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 stay under 455.04 after 90 days |
| 366.20 | 90 days | 455.04 | close to 99 |
Based on a normal probability distribution, the odds of PCB Tec to stay under 455.04 after 90 days from now is close to 99 (This PCB Tec probability density function shows the probability of PCB Stock to fall within a particular range of prices over 90 days) . Probability of PCB Tec price to stay between its current price of 366.20 and 455.04 at the end of the 90-day period is about 72.33 .
Assuming the 90 days trading horizon PCB Tec has a beta of 0.32 indicating as returns on the market go up, PCB Tec average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PCB Tec will be expected to be much smaller as well. Additionally PCB Tec has an alpha of 0.2003, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). PCB Tec Price Density |
| Price |
Predictive Modules for PCB Tec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PCB Tec. 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 PCB Tec'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.
PCB Tec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PCB Tec is not an exception. The market had few large corrections towards the PCB Tec'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 PCB Tec, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PCB Tec within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 30.02 | |
Ir | Information ratio | 0.04 |
PCB Tec 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 PCB Tec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PCB Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PCB Tec had very high historical volatility over the last 90 days | |
| The company reported the revenue of 121.26 M. Net Loss for the year was (503 K) with profit before overhead, payroll, taxes, and interest of 12.88 M. | |
| PCB Tec has accumulated about 16.24 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Over 81.0% of the company shares are owned by institutional investors |
PCB Tec 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 PCB Stock often depends not only on the future outlook of the current and potential PCB Tec'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. PCB Tec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.5 M |
PCB Tec Technical Analysis
PCB Tec's future price can be derived by breaking down and analyzing its technical indicators over time. PCB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PCB Tec. In general, you should focus on analyzing PCB Stock price patterns and their correlations with different microeconomic environments and drivers.
PCB Tec Predictive Forecast Models
PCB Tec's time-series forecasting models is one of many PCB Tec'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 PCB Tec'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 PCB Tec
Checking the ongoing alerts about PCB Tec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PCB Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PCB Tec had very high historical volatility over the last 90 days | |
| The company reported the revenue of 121.26 M. Net Loss for the year was (503 K) with profit before overhead, payroll, taxes, and interest of 12.88 M. | |
| PCB Tec has accumulated about 16.24 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Over 81.0% of the company shares are owned by institutional investors |
Check out PCB Tec Backtesting, PCB Tec Valuation, PCB Tec Correlation, PCB Tec Hype Analysis, PCB Tec Volatility, PCB Tec History as well as PCB Tec Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for PCB Stock analysis
When running PCB Tec's price analysis, check to measure PCB Tec'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 PCB Tec is operating at the current time. Most of PCB Tec's value examination focuses on studying past and present price action to predict the probability of PCB Tec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PCB Tec's price. Additionally, you may evaluate how the addition of PCB Tec to your portfolios can decrease your overall portfolio volatility.
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