PERENNIAL ENERGY (Germany) Probability of Future Stock Price Finishing Over 0.0938
| PEZ Stock | EUR 0.1 0.01 10.00% |
PERENNIAL |
PERENNIAL ENERGY Target Price Odds to finish over 0.0938
The tendency of PERENNIAL 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 € 0.09 in 90 days |
| 0.1 | 90 days | 0.09 | close to 99 |
Based on a normal probability distribution, the odds of PERENNIAL ENERGY to stay above € 0.09 in 90 days from now is close to 99 (This PERENNIAL ENERGY HD 01 probability density function shows the probability of PERENNIAL Stock to fall within a particular range of prices over 90 days) . Probability of PERENNIAL ENERGY price to stay between € 0.09 and its current price of €0.099 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon PERENNIAL ENERGY HD 01 has a beta of -0.58 indicating as returns on the benchmark increase, returns on holding PERENNIAL ENERGY are expected to decrease at a much lower rate. During a bear market, however, PERENNIAL ENERGY HD 01 is likely to outperform the market. Additionally PERENNIAL ENERGY HD 01 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. PERENNIAL ENERGY Price Density |
| Price |
Predictive Modules for PERENNIAL ENERGY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PERENNIAL ENERGY. 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.PERENNIAL ENERGY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PERENNIAL ENERGY is not an exception. The market had few large corrections towards the PERENNIAL ENERGY'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 PERENNIAL ENERGY HD 01, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PERENNIAL ENERGY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
PERENNIAL ENERGY 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 PERENNIAL ENERGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PERENNIAL ENERGY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PERENNIAL ENERGY generated a negative expected return over the last 90 days | |
| PERENNIAL ENERGY has some characteristics of a very speculative penny stock | |
| PERENNIAL ENERGY has high historical volatility and very poor performance | |
| PERENNIAL ENERGY HD 01 has accumulated 396.92 M in total debt with debt to equity ratio (D/E) of 0.26, which may suggest the company is not taking enough advantage from borrowing. PERENNIAL ENERGY has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PERENNIAL ENERGY until it has trouble settling it off, either with new capital or with free cash flow. So, PERENNIAL ENERGY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PERENNIAL ENERGY sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PERENNIAL to invest in growth at high rates of return. When we think about PERENNIAL ENERGY's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of PERENNIAL ENERGY outstanding shares are owned by corporate insiders |
PERENNIAL ENERGY Technical Analysis
PERENNIAL ENERGY's future price can be derived by breaking down and analyzing its technical indicators over time. PERENNIAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PERENNIAL ENERGY HD 01. In general, you should focus on analyzing PERENNIAL Stock price patterns and their correlations with different microeconomic environments and drivers.
PERENNIAL ENERGY Predictive Forecast Models
PERENNIAL ENERGY's time-series forecasting models is one of many PERENNIAL ENERGY'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 PERENNIAL ENERGY'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 PERENNIAL ENERGY
Checking the ongoing alerts about PERENNIAL ENERGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PERENNIAL ENERGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PERENNIAL ENERGY generated a negative expected return over the last 90 days | |
| PERENNIAL ENERGY has some characteristics of a very speculative penny stock | |
| PERENNIAL ENERGY has high historical volatility and very poor performance | |
| PERENNIAL ENERGY HD 01 has accumulated 396.92 M in total debt with debt to equity ratio (D/E) of 0.26, which may suggest the company is not taking enough advantage from borrowing. PERENNIAL ENERGY has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PERENNIAL ENERGY until it has trouble settling it off, either with new capital or with free cash flow. So, PERENNIAL ENERGY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PERENNIAL ENERGY sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PERENNIAL to invest in growth at high rates of return. When we think about PERENNIAL ENERGY's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of PERENNIAL ENERGY outstanding shares are owned by corporate insiders |
Other Information on Investing in PERENNIAL Stock
PERENNIAL ENERGY financial ratios help investors to determine whether PERENNIAL 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 PERENNIAL with respect to the benefits of owning PERENNIAL ENERGY security.