PETRONE WORLDWIDE Probability of Target Price Finishing Above 1.0E-4

PFWIQ -- USA Stock  

USD 0.0001  0.00  0.00%

PETRONE WORLDWIDE probability of target price tool provides mechanism to make assumptions about upside and downside potential of PETRONE WORLDWIDE INC performance during a given time horizon utilizing its historical volatility. Please specify PETRONE WORLDWIDE time horizon, a valid symbol (red box) and a target price (blue box) you would like PETRONE WORLDWIDE odds to be computed. Additionally take a look at PETRONE WORLDWIDE Backtesting, PETRONE WORLDWIDE Valuation, PETRONE WORLDWIDE Correlation, PETRONE WORLDWIDE Hype Analysis, PETRONE WORLDWIDE Volatility, PETRONE WORLDWIDE History as well as PETRONE WORLDWIDE Performance.
Horizon     30 Days    Login   to change
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PETRONE WORLDWIDE Target Price Odds to finish below 1.0E-4

Current PriceHorizonTarget PriceOdds to move below current price in 30 days
 0.0001 30 days 0.0001 
about 54.89
Based on normal probability distribution, the odds of PETRONE WORLDWIDE to move below current price in 30 days from now is about 54.89 (This PETRONE WORLDWIDE INC probability density function shows the probability of PETRONE WORLDWIDE OTC Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the otc stock has beta coefficient of 13.98 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, PETRONE WORLDWIDE will likely underperform. In addition to that The company has an alpha of 296.0167 implying that it can potentially generate 296.0167% excess return over DOW after adjusting for the inherited market risk (beta).
Alpha over DOW
Beta against DOW=13.98
Overall volatility
Information ratio =0.17

PETRONE WORLDWIDE Alerts and Suggestions

PETRONE WORLDWIDE appears to be very risky and stock price may revert if volatility continues
PETRONE WORLDWIDE has some characteristics of a very speculative penny stock
PETRONE WORLDWIDE has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 302.26 K in total debt. PETRONE WORLDWIDE INC has Current Ratio of 0.3 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 508.61 K. Net Loss for the year was (2.98 M) with profit before overhead, payroll, taxes, and interest of 45.4 K.
The company has accumulated about 76.95 K in cash with (577.25 K) of positive cash flow from operations.
Roughly 13.0% of the company outstanding shares are owned by corporate insiders

PETRONE WORLDWIDEPrice Density Drivers

Float Shares368.29M
Average Daily Volume Last 10 Day1.67k
Average Daily Volume In Three Month2.29M