Premium Brands Holdings Stock Probability of Future Stock Price Finishing Over 86.55

PBH Stock  CAD 81.97  1.44  1.73%   
Premium Brands' future price is the expected price of Premium Brands instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Premium Brands Holdings performance during a given time horizon utilizing its historical volatility. Check out Premium Brands Backtesting, Premium Brands Valuation, Premium Brands Correlation, Premium Brands Hype Analysis, Premium Brands Volatility, Premium Brands History as well as Premium Brands Performance.
  
At this time, Premium Brands' Price Earnings Ratio is very stable compared to the past year. As of the 9th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 15.35, while Price To Sales Ratio is likely to drop 0.46. Please specify Premium Brands' target price for which you would like Premium Brands odds to be computed.

Premium Brands Target Price Odds to finish over 86.55

The tendency of Premium 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 PriceHorizonTarget PriceOdds to move over C$ 86.55  or more in 90 days
 81.97 90 days 86.55 
about 57.28
Based on a normal probability distribution, the odds of Premium Brands to move over C$ 86.55  or more in 90 days from now is about 57.28 (This Premium Brands Holdings probability density function shows the probability of Premium Stock to fall within a particular range of prices over 90 days) . Probability of Premium Brands Holdings price to stay between its current price of C$ 81.97  and C$ 86.55  at the end of the 90-day period is about 23.42 .
Assuming the 90 days trading horizon Premium Brands Holdings has a beta of -0.21 indicating as returns on the benchmark increase, returns on holding Premium Brands are expected to decrease at a much lower rate. During a bear market, however, Premium Brands Holdings is likely to outperform the market. Additionally Premium Brands Holdings 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.
   Premium Brands Price Density   
       Price  

Predictive Modules for Premium Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Premium Brands Holdings. 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.
Hype
Prediction
LowEstimatedHigh
80.3381.9783.61
Details
Intrinsic
Valuation
LowRealHigh
69.0870.7290.17
Details
Naive
Forecast
LowNextHigh
82.0283.6685.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.930.970.99
Details

Premium Brands Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Premium Brands is not an exception. The market had few large corrections towards the Premium Brands' 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 Premium Brands Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Premium Brands within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.05
β
Beta against Dow Jones-0.21
σ
Overall volatility
6.70
Ir
Information ratio -0.13

Premium Brands 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 Premium Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Premium Brands Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Premium Brands generated a negative expected return over the last 90 days
Latest headline from news.google.com: Premium Brands Holdings Serving Up Protein On Both Sides Of The Border - Seeking Alpha

Premium Brands 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 Premium Stock often depends not only on the future outlook of the current and potential Premium Brands' 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. Premium Brands' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding44.6 M
Cash And Short Term Investments27.6 M

Premium Brands Technical Analysis

Premium Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Premium Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Premium Brands Holdings. In general, you should focus on analyzing Premium Stock price patterns and their correlations with different microeconomic environments and drivers.

Premium Brands Predictive Forecast Models

Premium Brands' time-series forecasting models is one of many Premium Brands' 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 Premium Brands' 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 Premium Brands Holdings

Checking the ongoing alerts about Premium Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Premium Brands Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Premium Brands generated a negative expected return over the last 90 days
Latest headline from news.google.com: Premium Brands Holdings Serving Up Protein On Both Sides Of The Border - Seeking Alpha

Other Information on Investing in Premium Stock

Premium Brands financial ratios help investors to determine whether Premium Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Premium with respect to the benefits of owning Premium Brands security.