Profrac Holding Corp Stock Probability of Future Stock Price Finishing Under 0.13
| ACDC Stock | USD 7.33 0.11 1.48% |
ProFrac |
ProFrac Holding Target Price Odds to finish below 0.13
The tendency of ProFrac 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 $ 0.13 or more in 90 days |
| 7.33 | 90 days | 0.13 | near 1 |
Based on a normal probability distribution, the odds of ProFrac Holding to drop to $ 0.13 or more in 90 days from now is near 1 (This ProFrac Holding Corp probability density function shows the probability of ProFrac Stock to fall within a particular range of prices over 90 days) . Probability of ProFrac Holding Corp price to stay between $ 0.13 and its current price of $7.33 at the end of the 90-day period is about 59.37 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.49 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ProFrac Holding will likely underperform. Additionally ProFrac Holding Corp has an alpha of 0.2382, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ProFrac Holding Price Density |
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Predictive Modules for ProFrac Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProFrac Holding Corp. 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 ProFrac Holding'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.
ProFrac Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProFrac Holding is not an exception. The market had few large corrections towards the ProFrac Holding'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 ProFrac Holding Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProFrac Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | 0.06 |
ProFrac Holding 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 ProFrac Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProFrac Holding Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ProFrac Holding Corp had very high historical volatility over the last 90 days | |
| ProFrac Holding Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.63 B. Net Loss for the year was (97.7 M) with profit before overhead, payroll, taxes, and interest of 986.9 M. | |
| About 90.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: ProFrac Holding Insider Ups Holding During Year |
ProFrac Holding 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 ProFrac Stock often depends not only on the future outlook of the current and potential ProFrac Holding'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. ProFrac Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.9 M | |
| Cash And Short Term Investments | 25.3 M |
ProFrac Holding Technical Analysis
ProFrac Holding's future price can be derived by breaking down and analyzing its technical indicators over time. ProFrac Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProFrac Holding Corp. In general, you should focus on analyzing ProFrac Stock price patterns and their correlations with different microeconomic environments and drivers.
ProFrac Holding Predictive Forecast Models
ProFrac Holding's time-series forecasting models is one of many ProFrac Holding'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 ProFrac Holding'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 ProFrac Holding Corp
Checking the ongoing alerts about ProFrac Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProFrac Holding Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ProFrac Holding Corp had very high historical volatility over the last 90 days | |
| ProFrac Holding Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.63 B. Net Loss for the year was (97.7 M) with profit before overhead, payroll, taxes, and interest of 986.9 M. | |
| About 90.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: ProFrac Holding Insider Ups Holding During Year |
Check out ProFrac Holding Backtesting, ProFrac Holding Valuation, ProFrac Holding Correlation, ProFrac Holding Hype Analysis, ProFrac Holding Volatility, ProFrac Holding History as well as ProFrac Holding Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProFrac Holding. If investors know ProFrac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProFrac Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (1.46) | Revenue Per Share 13.921 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0155 |
The market value of ProFrac Holding Corp is measured differently than its book value, which is the value of ProFrac that is recorded on the company's balance sheet. Investors also form their own opinion of ProFrac Holding's value that differs from its market value or its book value, called intrinsic value, which is ProFrac Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProFrac Holding's market value can be influenced by many factors that don't directly affect ProFrac Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProFrac Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProFrac Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProFrac Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.