Pennantpark Investment Stock Probability of Future Stock Price Finishing Under 3.78
| PNNT Stock | USD 6.95 0.11 1.61% |
PennantPark |
PennantPark Investment Target Price Odds to finish below 3.78
The tendency of PennantPark 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 $ 3.78 or more in 90 days |
| 6.95 | 90 days | 3.78 | near 1 |
Based on a normal probability distribution, the odds of PennantPark Investment to drop to $ 3.78 or more in 90 days from now is near 1 (This PennantPark Investment probability density function shows the probability of PennantPark Stock to fall within a particular range of prices over 90 days) . Probability of PennantPark Investment price to stay between $ 3.78 and its current price of $6.95 at the end of the 90-day period is roughly 96.0 .
Given the investment horizon of 90 days PennantPark Investment has a beta of 0.62 indicating as returns on the market go up, PennantPark Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PennantPark Investment will be expected to be much smaller as well. Additionally PennantPark Investment 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. PennantPark Investment Price Density |
| Price |
Predictive Modules for PennantPark Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PennantPark Investment. 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.PennantPark Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PennantPark Investment is not an exception. The market had few large corrections towards the PennantPark Investment'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 PennantPark Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PennantPark Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0036 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.01 |
PennantPark Investment 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 PennantPark Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PennantPark Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 115.25 M. Net Loss for the year was (33.81 M) with profit before overhead, payroll, taxes, and interest of 145.37 M. | |
| PennantPark Investment currently holds about 29.55 M in cash with (172.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| PennantPark Investment has a frail financial position based on the latest SEC disclosures | |
| On 2nd of December 2024 PennantPark Investment paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from news.google.com: PennantPark Investment Weak Dividend Coverage Is A Concern - Seeking Alpha |
PennantPark Investment 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 PennantPark Stock often depends not only on the future outlook of the current and potential PennantPark Investment'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. PennantPark Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.1 M | |
| Dividends Paid | 65.9 M | |
| Cash And Short Term Investments | 49.9 M | |
| Forward Annual Dividend Rate | 0.96 |
PennantPark Investment Technical Analysis
PennantPark Investment's future price can be derived by breaking down and analyzing its technical indicators over time. PennantPark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PennantPark Investment. In general, you should focus on analyzing PennantPark Stock price patterns and their correlations with different microeconomic environments and drivers.
PennantPark Investment Predictive Forecast Models
PennantPark Investment's time-series forecasting models is one of many PennantPark Investment'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 PennantPark Investment'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 PennantPark Investment
Checking the ongoing alerts about PennantPark Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PennantPark Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 115.25 M. Net Loss for the year was (33.81 M) with profit before overhead, payroll, taxes, and interest of 145.37 M. | |
| PennantPark Investment currently holds about 29.55 M in cash with (172.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| PennantPark Investment has a frail financial position based on the latest SEC disclosures | |
| On 2nd of December 2024 PennantPark Investment paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from news.google.com: PennantPark Investment Weak Dividend Coverage Is A Concern - Seeking Alpha |
Additional Tools for PennantPark Stock Analysis
When running PennantPark Investment's price analysis, check to measure PennantPark Investment'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 PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.