Plum Acquisition Corp Stock Probability of Future Stock Price Finishing Under 0.0433
| PLMJW Stock | 0.20 0.01 4.76% |
Plum |
Plum Acquisition Target Price Odds to finish below 0.0433
The tendency of Plum 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 0.04 or more in 90 days |
| 0.20 | 90 days | 0.04 | about 15.62 |
Based on a normal probability distribution, the odds of Plum Acquisition to drop to 0.04 or more in 90 days from now is about 15.62 (This Plum Acquisition Corp probability density function shows the probability of Plum Stock to fall within a particular range of prices over 90 days) . Probability of Plum Acquisition Corp price to stay between 0.04 and its current price of 0.2 at the end of the 90-day period is about 84.32 .
Assuming the 90 days horizon Plum Acquisition Corp has a beta of -3.12 indicating as returns on its benchmark rise, returns on holding Plum Acquisition Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Plum Acquisition is expected to outperform its benchmark. In addition to that Plum Acquisition Corp has an alpha of 5.221, implying that it can generate a 5.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plum Acquisition Price Density |
| Price |
Predictive Modules for Plum Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plum Acquisition Corp. 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.Plum Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plum Acquisition is not an exception. The market had few large corrections towards the Plum Acquisition'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 Plum Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plum Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.22 | |
β | Beta against Dow Jones | -3.12 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.17 |
Plum Acquisition 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 Plum Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plum Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Plum Acquisition is way too risky over 90 days horizon | |
| Plum Acquisition has some characteristics of a very speculative penny stock | |
| Plum Acquisition appears to be risky and price may revert if volatility continues | |
| Plum Acquisition Corp was previously known as Alpha Partners Technology and was traded on NASDAQ Exchange under the symbol APTMW. | |
| Plum Acquisition generates negative cash flow from operations | |
| Latest headline from news.google.com: Plum Acquisition Corp III Faces Nasdaq Delisting Risk - TipRanks |
Plum Acquisition 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 Plum Stock often depends not only on the future outlook of the current and potential Plum Acquisition'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. Plum Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.4 M |
Plum Acquisition Technical Analysis
Plum Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Plum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plum Acquisition Corp. In general, you should focus on analyzing Plum Stock price patterns and their correlations with different microeconomic environments and drivers.
Plum Acquisition Predictive Forecast Models
Plum Acquisition's time-series forecasting models is one of many Plum Acquisition'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 Plum Acquisition'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 Plum Acquisition Corp
Checking the ongoing alerts about Plum Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plum Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Plum Acquisition is way too risky over 90 days horizon | |
| Plum Acquisition has some characteristics of a very speculative penny stock | |
| Plum Acquisition appears to be risky and price may revert if volatility continues | |
| Plum Acquisition Corp was previously known as Alpha Partners Technology and was traded on NASDAQ Exchange under the symbol APTMW. | |
| Plum Acquisition generates negative cash flow from operations | |
| Latest headline from news.google.com: Plum Acquisition Corp III Faces Nasdaq Delisting Risk - TipRanks |
Additional Tools for Plum Stock Analysis
When running Plum Acquisition's price analysis, check to measure Plum Acquisition'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 Plum Acquisition is operating at the current time. Most of Plum Acquisition's value examination focuses on studying past and present price action to predict the probability of Plum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plum Acquisition's price. Additionally, you may evaluate how the addition of Plum Acquisition to your portfolios can decrease your overall portfolio volatility.