Phlt Stock Chance of Future Stock Price Finishing Under 0.03
| PHLT Stock | 2.75 0.10 3.77% |
Closest to current price PHLT long PUT Option Payoff at Expiration
PHLT |
PHLT Target Price Odds to finish below 0.03
The tendency of PHLT 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 0.03 or more in 90 days |
| 2.75 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of PHLT to drop to 0.03 or more in 90 days from now is near 1 (This PHLT probability density function shows the probability of PHLT Stock to fall within a particular range of prices over 90 days) . Probability of PHLT price to stay between 0.03 and its current price of 2.75 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days PHLT has a beta of 0.0479 indicating as returns on the market go up, PHLT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PHLT will be expected to be much smaller as well. Additionally PHLT 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. PHLT Price Density |
| Price |
Predictive Modules for PHLT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PHLT. 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.PHLT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PHLT is not an exception. The market had few large corrections towards the PHLT'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 PHLT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PHLT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.1 |
PHLT 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 PHLT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PHLT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PHLT generated a negative expected return over the last 90 days | |
| PHLT has high historical volatility and very poor performance | |
| PHLT was previously known as Performant Financial and was traded on NASDAQ Exchange under the symbol PFMT. | |
| Latest headline from news.google.com: Performant Healthcare Rebrands with New Ticker PHLT, Doubles Down on Healthcare Payment Integrity - StockTitan |
PHLT Technical Analysis
PHLT's future price can be derived by breaking down and analyzing its technical indicators over time. PHLT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PHLT. In general, you should focus on analyzing PHLT Stock price patterns and their correlations with different microeconomic environments and drivers.
PHLT Predictive Forecast Models
PHLT's time-series forecasting models is one of many PHLT'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 PHLT'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 PHLT
Checking the ongoing alerts about PHLT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PHLT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PHLT generated a negative expected return over the last 90 days | |
| PHLT has high historical volatility and very poor performance | |
| PHLT was previously known as Performant Financial and was traded on NASDAQ Exchange under the symbol PFMT. | |
| Latest headline from news.google.com: Performant Healthcare Rebrands with New Ticker PHLT, Doubles Down on Healthcare Payment Integrity - StockTitan |
Additional Tools for PHLT Stock Analysis
When running PHLT's price analysis, check to measure PHLT'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 PHLT is operating at the current time. Most of PHLT's value examination focuses on studying past and present price action to predict the probability of PHLT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHLT's price. Additionally, you may evaluate how the addition of PHLT to your portfolios can decrease your overall portfolio volatility.