Perritt Ultra Microcap Probability of Future Mutual Fund Price Finishing Under 15.69
| PREOXDelisted Fund | USD 15.63 0.00 0.00% |
Perritt |
Perritt Ultra Target Price Odds to finish below 15.69
The tendency of Perritt Mutual Fund 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 stay under $ 15.69 after 90 days |
| 15.63 | 90 days | 15.69 | about 75.47 |
Based on a normal probability distribution, the odds of Perritt Ultra to stay under $ 15.69 after 90 days from now is about 75.47 (This Perritt Ultra Microcap probability density function shows the probability of Perritt Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Perritt Ultra Microcap price to stay between its current price of $ 15.63 and $ 15.69 at the end of the 90-day period is nearly 4.92 .
Assuming the 90 days horizon Perritt Ultra has a beta of 0.28 indicating as returns on the market go up, Perritt Ultra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Perritt Ultra Microcap will be expected to be much smaller as well. Additionally Perritt Ultra Microcap 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. Perritt Ultra Price Density |
| Price |
Predictive Modules for Perritt Ultra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Perritt Ultra Microcap. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.Perritt Ultra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Perritt Ultra is not an exception. The market had few large corrections towards the Perritt Ultra'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 Perritt Ultra Microcap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Perritt Ultra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | -0.12 |
Perritt Ultra 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 Perritt Ultra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Perritt Ultra Microcap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Perritt Ultra is not yet fully synchronised with the market data | |
| Perritt Ultra has a very high chance of going through financial distress in the upcoming years | |
| The fund generated three year return of -7.0% | |
| Perritt Ultra Microcap maintains 97.57% of its assets in stocks |
Perritt Ultra Technical Analysis
Perritt Ultra's future price can be derived by breaking down and analyzing its technical indicators over time. Perritt Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Perritt Ultra Microcap. In general, you should focus on analyzing Perritt Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Perritt Ultra Predictive Forecast Models
Perritt Ultra's time-series forecasting models is one of many Perritt Ultra's mutual fund 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 Perritt Ultra'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Perritt Ultra Microcap
Checking the ongoing alerts about Perritt Ultra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Perritt Ultra Microcap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Perritt Ultra is not yet fully synchronised with the market data | |
| Perritt Ultra has a very high chance of going through financial distress in the upcoming years | |
| The fund generated three year return of -7.0% | |
| Perritt Ultra Microcap maintains 97.57% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Perritt Mutual Fund
If you are still planning to invest in Perritt Ultra Microcap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Perritt Ultra's history and understand the potential risks before investing.
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