Pet Valu Holdings Stock Odds of Future Stock Price Finishing Under 25.69
| PET Stock | 26.29 0.06 0.23% |
Pet |
Pet Valu Target Price Odds to finish below 25.69
The tendency of Pet 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 25.69 or more in 90 days |
| 26.29 | 90 days | 25.69 | about 31.31 |
Based on a normal probability distribution, the odds of Pet Valu to drop to 25.69 or more in 90 days from now is about 31.31 (This Pet Valu Holdings probability density function shows the probability of Pet Stock to fall within a particular range of prices over 90 days) . Probability of Pet Valu Holdings price to stay between 25.69 and its current price of 26.29 at the end of the 90-day period is about 37.71 .
Assuming the 90 days trading horizon Pet Valu has a beta of 0.19 indicating as returns on the market go up, Pet Valu average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pet Valu Holdings will be expected to be much smaller as well. Additionally Pet Valu Holdings has an alpha of 0.0302, implying that it can generate a 0.0302 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pet Valu Price Density |
| Price |
Predictive Modules for Pet Valu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pet Valu 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.Pet Valu Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pet Valu is not an exception. The market had few large corrections towards the Pet Valu'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 Pet Valu Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pet Valu within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.04 |
Pet Valu 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 Pet Valu for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pet Valu 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.| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Many Would Be Envious Of Pet Valu Holdings Excellent Returns On Capital - Simply Wall St |
Pet Valu 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 Pet Stock often depends not only on the future outlook of the current and potential Pet Valu'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. Pet Valu's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.4 M | |
| Cash And Short Term Investments | 28.4 M |
Pet Valu Technical Analysis
Pet Valu's future price can be derived by breaking down and analyzing its technical indicators over time. Pet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pet Valu Holdings. In general, you should focus on analyzing Pet Stock price patterns and their correlations with different microeconomic environments and drivers.
Pet Valu Predictive Forecast Models
Pet Valu's time-series forecasting models is one of many Pet Valu'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 Pet Valu'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 Pet Valu Holdings
Checking the ongoing alerts about Pet Valu for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pet Valu Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Many Would Be Envious Of Pet Valu Holdings Excellent Returns On Capital - Simply Wall St |
Other Information on Investing in Pet Stock
Pet Valu financial ratios help investors to determine whether Pet 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 Pet with respect to the benefits of owning Pet Valu security.