Premium Catering Limited Stock Probability of Future Stock Price Finishing Over 0.66
| PC Stock | 0.76 0.04 5.00% |
Premium |
Premium Catering Target Price Odds to finish over 0.66
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 Price | Horizon | Target Price | Odds to stay above 0.66 in 90 days |
| 0.76 | 90 days | 0.66 | about 78.11 |
Based on a normal probability distribution, the odds of Premium Catering to stay above 0.66 in 90 days from now is about 78.11 (This Premium Catering Limited probability density function shows the probability of Premium Stock to fall within a particular range of prices over 90 days) . Probability of Premium Catering price to stay between 0.66 and its current price of 0.76 at the end of the 90-day period is about 1.83 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.11 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Premium Catering will likely underperform. Additionally Premium Catering Limited 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 Catering Price Density |
| Price |
Predictive Modules for Premium Catering
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 Catering. 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 Premium Catering'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.
Premium Catering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Premium Catering is not an exception. The market had few large corrections towards the Premium Catering'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 Premium Catering Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Premium Catering within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.57 | |
β | Beta against Dow Jones | 2.11 | |
σ | Overall volatility | 1.65 | |
Ir | Information ratio | -0.11 |
Premium Catering 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 Catering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Premium Catering 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 Catering generated a negative expected return over the last 90 days | |
| Premium Catering has high historical volatility and very poor performance | |
| Premium Catering has some characteristics of a very speculative penny stock | |
| Premium Catering Limited reports 814.09 K of total liabilities with total debt to equity ratio (D/E) of 1.1, which is normal for its line of buisiness. Premium Catering has a current ratio of 0.97, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Premium to invest in growth at high rates of return. | |
| The entity generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (13.5 B) with gross profit of 0. | |
| Premium Catering has a frail financial position based on the latest SEC disclosures | |
| Latest headline from forbes.com: Arm Squares Off Against Qualcomm Day 1 |
Premium Catering Technical Analysis
Premium Catering's 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 Catering Limited. In general, you should focus on analyzing Premium Stock price patterns and their correlations with different microeconomic environments and drivers.
Premium Catering Predictive Forecast Models
Premium Catering's time-series forecasting models is one of many Premium Catering'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 Premium Catering'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 Premium Catering
Checking the ongoing alerts about Premium Catering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Premium Catering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Premium Catering generated a negative expected return over the last 90 days | |
| Premium Catering has high historical volatility and very poor performance | |
| Premium Catering has some characteristics of a very speculative penny stock | |
| Premium Catering Limited reports 814.09 K of total liabilities with total debt to equity ratio (D/E) of 1.1, which is normal for its line of buisiness. Premium Catering has a current ratio of 0.97, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Premium to invest in growth at high rates of return. | |
| The entity generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (13.5 B) with gross profit of 0. | |
| Premium Catering has a frail financial position based on the latest SEC disclosures | |
| Latest headline from forbes.com: Arm Squares Off Against Qualcomm Day 1 |
Check out Premium Catering Backtesting, Premium Catering Valuation, Premium Catering Correlation, Premium Catering Hype Analysis, Premium Catering Volatility, Premium Catering History as well as Premium Catering Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Restaraunts Hotels Motels 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 Premium Catering. If investors know Premium 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 Premium Catering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.272 | Quarterly Revenue Growth 0.085 |
The market value of Premium Catering is measured differently than its book value, which is the value of Premium that is recorded on the company's balance sheet. Investors also form their own opinion of Premium Catering's value that differs from its market value or its book value, called intrinsic value, which is Premium Catering'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 Premium Catering's market value can be influenced by many factors that don't directly affect Premium Catering'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 Premium Catering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premium Catering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premium Catering'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.