PETRONOR Probability of Target Price Finishing Over 0.917

<div class='circular--portrait' style='background:#754DEB;color: #F0FFF0;font-size:4em;padding-top: 25px;;'>PE</div>
PNOR -- Norway Stock  

NOK 0.99  0.01  1.02%

PETRONOR probability of target price tool provides mechanism to make assumptions about upside and downside potential of PETRONOR EP LTD performance during a given time horizon utilizing its historical volatility.

Search Price Probability

Please specify PETRONOR time horizon, a valid symbol (red box) and a target price (blue box) you would like PETRONOR odds to be computed. Please check PETRONOR Backtesting, PETRONOR Valuation, PETRONOR Correlation, PETRONOR Hype Analysis, PETRONOR Volatility, PETRONOR History as well as PETRONOR Performance.
Apply Odds

PETRONOR Target Price Odds to finish over 0.917

Current PriceHorizonTarget PriceOdds to stay above  0.92  in 30 days
 0.99 30 days 0.92 
about 34.03
Based on a normal probability distribution, the odds of PETRONOR to stay above  0.92  in 30 days from now is about 34.03 (This PETRONOR EP LTD probability density function shows the probability of PETRONOR Stock to fall within a particular range of prices over 30 days) . Probability of PETRONOR EP LTD price to stay between  0.92  and its current price of 0.99 at the end of the 30-day period is about 13.51 .
Assuming the 30 trading days horizon, PETRONOR has a beta of 0.0897 indicating as returns on the market go up, PETRONOR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PETRONOR EP LTD will be expected to be much smaller as well. Additionally The company has an alpha of 0.8724, implying that it can generate a 0.87 percent excess return over DOW after adjusting for the inherited market risk (beta).
 PETRONOR Price Density 
Alpha over DOW
Beta against DOW=0.09
Overall volatility
Information ratio =0.17

PETRONOR Alerts and Suggestions

PETRONOR EP LTD has some characteristics of a very speculative penny stock
PETRONOR EP LTD appears to be very risky and stock price may revert if volatility continues
The company reported revenue of 108.24 M. Net Loss for the year was (13.41 M) with profit before overhead, payroll, taxes, and interest of 65.55 M.

PETRONORPrice Density Drivers

Float Shares121.98M
Average Daily Volume Last 10 Day211.99k
Average Daily Volume In Three Month507.12k
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page