Pan American Silver Stock Probability of Future Stock Price Finishing Under 22.76
| PAAS Stock | USD 20.58 0.25 1.20% |
Pan |
Pan American Target Price Odds to finish below 22.76
The tendency of Pan 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 $ 22.76 after 90 days |
| 20.58 | 90 days | 22.76 | about 62.84 |
Based on a normal probability distribution, the odds of Pan American to stay under $ 22.76 after 90 days from now is about 62.84 (This Pan American Silver probability density function shows the probability of Pan Stock to fall within a particular range of prices over 90 days) . Probability of Pan American Silver price to stay between its current price of $ 20.58 and $ 22.76 at the end of the 90-day period is about 54.92 .
Given the investment horizon of 90 days Pan American Silver has a beta of -0.13 indicating as returns on the benchmark increase, returns on holding Pan American are expected to decrease at a much lower rate. During a bear market, however, Pan American Silver is likely to outperform the market. Additionally Pan American Silver has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pan American Price Density |
| Price |
Predictive Modules for Pan American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pan American Silver. 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.Pan American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pan American is not an exception. The market had few large corrections towards the Pan American'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 Pan American Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pan American within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.03 |
Pan American 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 Pan American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pan American Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pan American Silver generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 2.32 B. Net Loss for the year was (104.9 M) with profit before overhead, payroll, taxes, and interest of 319.27 M. | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Freeport McMoRan Uncertainty at the Grasberg Mine. |
Pan American 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 Pan Stock often depends not only on the future outlook of the current and potential Pan American'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. Pan American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 326.5 M | |
| Cash And Short Term Investments | 440.9 M |
Pan American Technical Analysis
Pan American's future price can be derived by breaking down and analyzing its technical indicators over time. Pan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pan American Silver. In general, you should focus on analyzing Pan Stock price patterns and their correlations with different microeconomic environments and drivers.
Pan American Predictive Forecast Models
Pan American's time-series forecasting models is one of many Pan American'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 Pan American'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 Pan American Silver
Checking the ongoing alerts about Pan American for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pan American Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pan American Silver generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 2.32 B. Net Loss for the year was (104.9 M) with profit before overhead, payroll, taxes, and interest of 319.27 M. | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Freeport McMoRan Uncertainty at the Grasberg Mine. |
Additional Tools for Pan Stock Analysis
When running Pan American's price analysis, check to measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.