Prime Energy (Israel) Probability of Future Stock Price Finishing Under 239.94
| PRIM Stock | ILA 1,478 44.00 3.07% |
Prime |
Prime Energy Target Price Odds to finish below 239.94
The tendency of Prime 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 239.94 or more in 90 days |
| 1,478 | 90 days | 239.94 | near 1 |
Based on a normal probability distribution, the odds of Prime Energy to drop to 239.94 or more in 90 days from now is near 1 (This Prime Energy PE probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) . Probability of Prime Energy PE price to stay between 239.94 and its current price of 1478.0 at the end of the 90-day period is about 92.26 .
Assuming the 90 days trading horizon Prime Energy has a beta of 0.28 indicating as returns on the market go up, Prime Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prime Energy PE will be expected to be much smaller as well. Moreover Prime Energy PE has an alpha of 1.2707, implying that it can generate a 1.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prime Energy Price Density |
| Price |
Predictive Modules for Prime Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Energy PE. 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.Prime Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prime Energy is not an exception. The market had few large corrections towards the Prime Energy'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 Prime Energy PE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prime Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.27 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 298.91 | |
Ir | Information ratio | 0.25 |
Prime Energy 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 Prime Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prime Energy PE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prime Energy PE is way too risky over 90 days horizon | |
| Prime Energy PE appears to be risky and price may revert if volatility continues | |
| Prime Energy PE has accumulated 81.35 M in total debt with debt to equity ratio (D/E) of 8.42, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prime Energy PE has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prime Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prime Energy PE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.39 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 5.32 M. | |
| About 77.0% of Prime Energy outstanding shares are owned by corporate insiders |
Prime Energy 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 Prime Stock often depends not only on the future outlook of the current and potential Prime Energy'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. Prime Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 5.7 M |
Prime Energy Technical Analysis
Prime Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Prime Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prime Energy PE. In general, you should focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environments and drivers.
Prime Energy Predictive Forecast Models
Prime Energy's time-series forecasting models is one of many Prime Energy'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 Prime Energy'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 Prime Energy PE
Checking the ongoing alerts about Prime Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prime Energy PE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prime Energy PE is way too risky over 90 days horizon | |
| Prime Energy PE appears to be risky and price may revert if volatility continues | |
| Prime Energy PE has accumulated 81.35 M in total debt with debt to equity ratio (D/E) of 8.42, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prime Energy PE has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prime Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prime Energy PE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.39 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 5.32 M. | |
| About 77.0% of Prime Energy outstanding shares are owned by corporate insiders |
Other Information on Investing in Prime Stock
Prime Energy financial ratios help investors to determine whether Prime Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prime with respect to the benefits of owning Prime Energy security.