Plby Group Stock Chance of Future Stock Price Finishing Under 0.55
| PLBY Stock | USD 1.41 0.16 10.19% |
Plby |
Plby Target Price Odds to finish below 0.55
The tendency of Plby 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 $ 0.55 or more in 90 days |
| 1.41 | 90 days | 0.55 | about 6.66 |
Based on a normal probability distribution, the odds of Plby to drop to $ 0.55 or more in 90 days from now is about 6.66 (This Plby Group probability density function shows the probability of Plby Stock to fall within a particular range of prices over 90 days) . Probability of Plby Group price to stay between $ 0.55 and its current price of $1.41 at the end of the 90-day period is about 84.73 .
Given the investment horizon of 90 days Plby Group has a beta of -2.1 indicating as returns on its benchmark rise, returns on holding Plby Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Plby is expected to outperform its benchmark. Moreover Plby Group has an alpha of 1.7575, implying that it can generate a 1.76 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plby Price Density |
| Price |
Predictive Modules for Plby
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plby Group. 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.Plby Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plby is not an exception. The market had few large corrections towards the Plby'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 Plby Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plby within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.76 | |
β | Beta against Dow Jones | -2.1 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.18 |
Plby 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 Plby for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plby Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plby Group is way too risky over 90 days horizon | |
| Plby Group may become a speculative penny stock | |
| Plby Group appears to be risky and price may revert if volatility continues | |
| Plby Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 142.95 M. Net Loss for the year was (186.45 M) with profit before overhead, payroll, taxes, and interest of 137.29 M. | |
| Plby Group currently holds about 45.5 M in cash with (43.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Plby Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Sfmg LLC Has 379,000 Position in PLBY Group, Inc. |
Plby 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 Plby Stock often depends not only on the future outlook of the current and potential Plby'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. Plby's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.3 M | |
| Cash And Short Term Investments | 28.1 M |
Plby Technical Analysis
Plby's future price can be derived by breaking down and analyzing its technical indicators over time. Plby Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plby Group. In general, you should focus on analyzing Plby Stock price patterns and their correlations with different microeconomic environments and drivers.
Plby Predictive Forecast Models
Plby's time-series forecasting models is one of many Plby'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 Plby'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 Plby Group
Checking the ongoing alerts about Plby for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plby Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plby Group is way too risky over 90 days horizon | |
| Plby Group may become a speculative penny stock | |
| Plby Group appears to be risky and price may revert if volatility continues | |
| Plby Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 142.95 M. Net Loss for the year was (186.45 M) with profit before overhead, payroll, taxes, and interest of 137.29 M. | |
| Plby Group currently holds about 45.5 M in cash with (43.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Plby Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Sfmg LLC Has 379,000 Position in PLBY Group, Inc. |
Additional Tools for Plby Stock Analysis
When running Plby's price analysis, check to measure Plby'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 Plby is operating at the current time. Most of Plby's value examination focuses on studying past and present price action to predict the probability of Plby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plby's price. Additionally, you may evaluate how the addition of Plby to your portfolios can decrease your overall portfolio volatility.