Performant Healthcare, Stock Probability of Future Stock Price Finishing Over 2.41
| PHLT Stock | 2.41 0.02 0.82% |
Closest to current price Performant long PUT Option Payoff at Expiration
Performant |
Performant Healthcare, Target Price Odds to finish over 2.41
The tendency of Performant 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 move above the current price in 90 days |
| 2.41 | 90 days | 2.41 | over 95.99 |
Based on a normal probability distribution, the odds of Performant Healthcare, to move above the current price in 90 days from now is over 95.99 (This Performant Healthcare, probability density function shows the probability of Performant Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Performant Healthcare, has a beta of 0.4 indicating as returns on the market go up, Performant Healthcare, average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Performant Healthcare, will be expected to be much smaller as well. Additionally Performant Healthcare, 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. Performant Healthcare, Price Density |
| Price |
Predictive Modules for Performant Healthcare,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Performant Healthcare,. 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.Performant Healthcare, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Performant Healthcare, is not an exception. The market had few large corrections towards the Performant Healthcare,'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 Performant Healthcare,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Performant Healthcare, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.65 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.17 |
Performant Healthcare, 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 Performant Healthcare, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Performant Healthcare, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Performant Healthcare, generated a negative expected return over the last 90 days | |
| Performant Healthcare, has high historical volatility and very poor performance | |
| Performant Healthcare, has high likelihood to experience some financial distress in the next 2 years | |
| Performant Healthcare, was previously known as PFMT Old and was traded on NASDAQ Exchange under the symbol PFMT. | |
| The company reported the previous year's revenue of 113.74 M. Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from simplywall.st: Pinning Down Performant Healthcare, Inc.s PS Is Difficult Right Now |
Performant Healthcare, 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 Performant Stock often depends not only on the future outlook of the current and potential Performant Healthcare,'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. Performant Healthcare,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 76.9 M |
Performant Healthcare, Technical Analysis
Performant Healthcare,'s future price can be derived by breaking down and analyzing its technical indicators over time. Performant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Performant Healthcare,. In general, you should focus on analyzing Performant Stock price patterns and their correlations with different microeconomic environments and drivers.
Performant Healthcare, Predictive Forecast Models
Performant Healthcare,'s time-series forecasting models is one of many Performant Healthcare,'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 Performant Healthcare,'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 Performant Healthcare,
Checking the ongoing alerts about Performant Healthcare, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Performant Healthcare, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Performant Healthcare, generated a negative expected return over the last 90 days | |
| Performant Healthcare, has high historical volatility and very poor performance | |
| Performant Healthcare, has high likelihood to experience some financial distress in the next 2 years | |
| Performant Healthcare, was previously known as PFMT Old and was traded on NASDAQ Exchange under the symbol PFMT. | |
| The company reported the previous year's revenue of 113.74 M. Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from simplywall.st: Pinning Down Performant Healthcare, Inc.s PS Is Difficult Right Now |
Additional Tools for Performant Stock Analysis
When running Performant Healthcare,'s price analysis, check to measure Performant Healthcare,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performant Healthcare, is operating at the current time. Most of Performant Healthcare,'s value examination focuses on studying past and present price action to predict the probability of Performant Healthcare,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Healthcare,'s price. Additionally, you may evaluate how the addition of Performant Healthcare, to your portfolios can decrease your overall portfolio volatility.