Perma Fix Environmental Svcs Stock Probability of Future Stock Price Finishing Under 0.38
| PESI Stock | USD 10.89 0.35 3.32% |
Perma |
Perma Fix Target Price Odds to finish below 0.38
The tendency of Perma 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 $ 0.38 or more in 90 days |
| 10.89 | 90 days | 0.38 | near 1 |
Based on a normal probability distribution, the odds of Perma Fix to drop to $ 0.38 or more in 90 days from now is near 1 (This Perma Fix Environmental Svcs probability density function shows the probability of Perma Stock to fall within a particular range of prices over 90 days) . Probability of Perma Fix Environmental price to stay between $ 0.38 and its current price of $10.89 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the stock has the beta coefficient of 1.36 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, Perma Fix will likely underperform. Additionally Perma Fix Environmental Svcs 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. Perma Fix Price Density |
| Price |
Predictive Modules for Perma Fix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Perma Fix Environmental. 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 Perma Fix'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.
Perma Fix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Perma Fix is not an exception. The market had few large corrections towards the Perma Fix'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 Perma Fix Environmental Svcs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Perma Fix within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | -0.02 |
Perma Fix 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 Perma Fix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Perma Fix Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Perma Fix generated a negative expected return over the last 90 days | |
| Perma Fix has high historical volatility and very poor performance | |
| Perma Fix is unlikely to experience financial distress in the next 2 years | |
| Perma Fix has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: Perma-Fix Announces Pricing of 22 Million Public Offering of Common Stock |
Perma Fix 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 Perma Stock often depends not only on the future outlook of the current and potential Perma Fix'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. Perma Fix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.7 M | |
| Cash And Short Term Investments | 7.5 M |
Perma Fix Technical Analysis
Perma Fix's future price can be derived by breaking down and analyzing its technical indicators over time. Perma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Perma Fix Environmental Svcs. In general, you should focus on analyzing Perma Stock price patterns and their correlations with different microeconomic environments and drivers.
Perma Fix Predictive Forecast Models
Perma Fix's time-series forecasting models is one of many Perma Fix'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 Perma Fix'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 Perma Fix Environmental
Checking the ongoing alerts about Perma Fix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Perma Fix Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Perma Fix generated a negative expected return over the last 90 days | |
| Perma Fix has high historical volatility and very poor performance | |
| Perma Fix is unlikely to experience financial distress in the next 2 years | |
| Perma Fix has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: Perma-Fix Announces Pricing of 22 Million Public Offering of Common Stock |
Check out Perma Fix Backtesting, Perma Fix Valuation, Perma Fix Correlation, Perma Fix Hype Analysis, Perma Fix Volatility, Perma Fix History as well as Perma Fix Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Environmental & Facilities 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 Perma Fix. If investors know Perma 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 Perma Fix 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 (0.48) | Earnings Share (1.05) | Revenue Per Share 5.207 | Quarterly Revenue Growth (0.44) | Return On Assets (0.07) |
The market value of Perma Fix Environmental is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Fix's value that differs from its market value or its book value, called intrinsic value, which is Perma Fix'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 Perma Fix's market value can be influenced by many factors that don't directly affect Perma Fix'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 Perma Fix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Fix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Fix'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.