Pacific Green Technologies Stock Probability of Future OTC Stock Price Finishing Under 0.07
| PGTK Stock | USD 0.45 0.00 0.00% |
Pacific |
Pacific Green Target Price Odds to finish below 0.07
The tendency of Pacific OTC 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 $ 0.07 or more in 90 days |
| 0.45 | 90 days | 0.07 | near 1 |
Based on a normal probability distribution, the odds of Pacific Green to drop to $ 0.07 or more in 90 days from now is near 1 (This Pacific Green Technologies probability density function shows the probability of Pacific OTC Stock to fall within a particular range of prices over 90 days) . Probability of Pacific Green Techno price to stay between $ 0.07 and its current price of $0.45 at the end of the 90-day period is about 16.5 .
Given the investment horizon of 90 days Pacific Green Technologies has a beta of -2.67 indicating as returns on its benchmark rise, returns on holding Pacific Green Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Pacific Green is expected to outperform its benchmark. Additionally Pacific Green Technologies has an alpha of 0.1463, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Pacific Green Price Density |
| Price |
Predictive Modules for Pacific Green
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Green Techno. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Pacific Green'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.
Pacific Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pacific Green is not an exception. The market had few large corrections towards the Pacific Green'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 Pacific Green Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pacific Green within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | -2.67 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.0067 |
Pacific Green 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 Pacific Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pacific Green Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pacific Green Techno had very high historical volatility over the last 90 days | |
| Pacific Green Techno has some characteristics of a very speculative penny stock | |
| The company currently holds 576.74 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Pacific Green Techno has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pacific Green until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Green'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 Pacific Green Techno sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Green's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 15.44 M. Net Loss for the year was (10.75 M) with profit before overhead, payroll, taxes, and interest of 10.88 M. | |
| Pacific Green Technologies currently holds about 4.5 M in cash with (15.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 32.0% of Pacific Green outstanding shares are owned by corporate insiders |
Pacific Green 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 Pacific OTC Stock often depends not only on the future outlook of the current and potential Pacific Green'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. Pacific Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47 M |
Pacific Green Technical Analysis
Pacific Green's future price can be derived by breaking down and analyzing its technical indicators over time. Pacific OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pacific Green Technologies. In general, you should focus on analyzing Pacific OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Pacific Green Predictive Forecast Models
Pacific Green's time-series forecasting models is one of many Pacific Green's otc 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 Pacific Green'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 otc stock market movement and maximize returns from investment trading.
Things to note about Pacific Green Techno
Checking the ongoing alerts about Pacific Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacific Green Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pacific Green Techno had very high historical volatility over the last 90 days | |
| Pacific Green Techno has some characteristics of a very speculative penny stock | |
| The company currently holds 576.74 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Pacific Green Techno has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pacific Green until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Green'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 Pacific Green Techno sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Green's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 15.44 M. Net Loss for the year was (10.75 M) with profit before overhead, payroll, taxes, and interest of 10.88 M. | |
| Pacific Green Technologies currently holds about 4.5 M in cash with (15.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 32.0% of Pacific Green outstanding shares are owned by corporate insiders |
Check out Pacific Green Backtesting, Pacific Green Valuation, Pacific Green Correlation, Pacific Green Hype Analysis, Pacific Green Volatility, Pacific Green History as well as Pacific Green Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Pacific OTC Stock analysis
When running Pacific Green's price analysis, check to measure Pacific Green'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 Pacific Green is operating at the current time. Most of Pacific Green's value examination focuses on studying past and present price action to predict the probability of Pacific Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Green's price. Additionally, you may evaluate how the addition of Pacific Green to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Commodity Directory Find actively traded commodities issued by global exchanges |