Procept Biorobotics Corp Stock Probability of Future Stock Price Finishing Under 18.77
| PRCT Stock | USD 95.59 1.70 1.75% |
Closest to current price Procept long CALL Option Payoff at Expiration
Procept |
Procept Biorobotics Target Price Odds to finish below 18.77
The tendency of Procept 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 $ 18.77 or more in 90 days |
| 95.59 | 90 days | 18.77 | near 1 |
Based on a normal probability distribution, the odds of Procept Biorobotics to drop to $ 18.77 or more in 90 days from now is near 1 (This Procept Biorobotics Corp probability density function shows the probability of Procept Stock to fall within a particular range of prices over 90 days) . Probability of Procept Biorobotics Corp price to stay between $ 18.77 and its current price of $95.59 at the end of the 90-day period is about 90.42 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.28 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Procept Biorobotics will likely underperform. Additionally Procept Biorobotics Corp has an alpha of 0.1994, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Procept Biorobotics Price Density |
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Predictive Modules for Procept Biorobotics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Procept Biorobotics 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Procept Biorobotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Procept Biorobotics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Procept Biorobotics is not an exception. The market had few large corrections towards the Procept Biorobotics' 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 Procept Biorobotics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Procept Biorobotics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 1.28 | |
σ | Overall volatility | 10.01 | |
Ir | Information ratio | 0.05 |
Procept Biorobotics 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 Procept Biorobotics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Procept Biorobotics 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.| Procept Biorobotics had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 136.19 M. Net Loss for the year was (105.9 M) with profit before overhead, payroll, taxes, and interest of 37.09 M. | |
| Procept Biorobotics Corp currently holds about 269.81 M in cash with (108 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.05. | |
| Procept Biorobotics has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: PROCEPT BioRobotics Corporation Gains 40 percent Following Strong Q3 Earnings and Upgraded Guidance |
Procept Biorobotics 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 Procept Stock often depends not only on the future outlook of the current and potential Procept Biorobotics' 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. Procept Biorobotics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.3 M | |
| Cash And Short Term Investments | 257.2 M |
Procept Biorobotics Technical Analysis
Procept Biorobotics' future price can be derived by breaking down and analyzing its technical indicators over time. Procept Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Procept Biorobotics Corp. In general, you should focus on analyzing Procept Stock price patterns and their correlations with different microeconomic environments and drivers.
Procept Biorobotics Predictive Forecast Models
Procept Biorobotics' time-series forecasting models is one of many Procept Biorobotics' 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 Procept Biorobotics' 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 Procept Biorobotics Corp
Checking the ongoing alerts about Procept Biorobotics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Procept Biorobotics Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Procept Biorobotics had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 136.19 M. Net Loss for the year was (105.9 M) with profit before overhead, payroll, taxes, and interest of 37.09 M. | |
| Procept Biorobotics Corp currently holds about 269.81 M in cash with (108 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.05. | |
| Procept Biorobotics has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: PROCEPT BioRobotics Corporation Gains 40 percent Following Strong Q3 Earnings and Upgraded Guidance |
Additional Tools for Procept Stock Analysis
When running Procept Biorobotics' price analysis, check to measure Procept Biorobotics' 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 Procept Biorobotics is operating at the current time. Most of Procept Biorobotics' value examination focuses on studying past and present price action to predict the probability of Procept Biorobotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procept Biorobotics' price. Additionally, you may evaluate how the addition of Procept Biorobotics to your portfolios can decrease your overall portfolio volatility.